Indonesia Cards and Payments: Opportunities and Risks to 2030

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Published: May 22, 2026 Report Code: GDFS0960CI-ST

Report Overview
Key Players
Table of Contents
Table
Figures

GlobalData’s ‘Indonesia Cards and Payments: Opportunities and Risks to 2030' report provides detailed analysis of market trends in Indonesia cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including debit, credit and charge cards during the review-period (2022–26e).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2026e–30f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

The report brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.

GlobalData’s ‘Indonesia Cards and Payments: Opportunities and Risks to 2030' report provides top-level market analysis, information and insights into Indonesia cards and payments industry, including:
• Current and forecast values for each market in Indonesia cards and payments industry, including debit, credit and charge cards.
• Detailed insights into payment instruments including cards, credit transfer, cash, cheques and direct debits. It also, includes an overview of the country's key alternative payment instruments.
• Ecommerce market analysis.
• Analysis of various market drivers and regulations governing Indonesia cards and payments industry.
• Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.
• Comprehensive analysis of consumer attitudes and buying preferences for cards.
• The competitive landscape of Indonesia cards and payments industry.

Scope

Card market size in terms of number of cards, value and volume of transactions in Indonesia along with detailed card segmentation of debit, credit and charge cards available in the country.

Market sizing and analysis of major payment instruments including cards, credit transfer, cash, cheques and direct debits.

Payment market trends and growth for both historical and forecast period

Competitor analysis with detailed insights into leading card issuers and schemes.

Comprehensive analyasis of consumer attitudes and buying preferences for cards.

A detailed snapshot of country's key alternative payment brands.

Key Highlights

Digital banking is growing in popularity, underpinned by strong regulatory support, mobile-first consumer behavior, and rising demand for convenient, integrated solutions. In May 2025, the introduction of OVO Nabung by Superbank enabled users to open and manage a regulated savings account within the OVO wallet. This allows users to save directly via the OVO app without fees.

In February 2026, BI joined Project Nexus to strengthen cross-border payment networks by collaborating with five other central banks: Bank Negara Malaysia, Bangko Sentral ng Pilipinas, Monetary Authority of Singapore, Bank of Thailand, and the Reserve Bank of India. Project Nexus aims to connect various domestic instant payment systems to improve the speed, cost, transparency of, and access to cross-border payments. It is designed to standardize the way that global instant payment systems connect to each other.

Contactless payments are gaining traction, driven by their introduction within public transport networks. In June 2025, public transport operator PT Moda Integrasi Transportasi Jabodetabek and Visa introduced contactless payments at the station gates of the Soekarno-Hatta Airport Rail Link. This enables passengers to tap Visa contactless cards, mobile wallets, and smartwatches to buy tickets, removing the need for physical tickets or waiting in line at ticket machines.

Reasons to Buy

Make strategic business decisions, using top-level historic and forecast market data, related to Indonesia cards and payments industry and each market within it.

Understand the key market trends and growth opportunities in Indonesia cards and payments industry.

Assess the competitive dynamics in Indonesia cards and payments industry.

Gain insights into marketing strategies used for various card types in Indonesia.

Gain insights into key regulations governing Indonesia cards and payments industry.

Bank Indonesia

BRI
BNI
Bank Mandiri
BCA
Bank Tabungan Negara
PermataBank
OCBC NSIP
PaninBank
Citibank
Maybank
CIMB Niaga
Bank Danamon Indonesia
United Overseas Bank
Bank Mega
GPN
Mastercard
JCB
Visa
American Express

1. Executive Summary

2. Market Overview

3. Macroeconomics, Regulation, and Infrastructure

4. Payment Instruments

5. Card-Based Payments

6. Card Payment Acquiring

7. Instant Payments

8.Digital Wallet Payments

9. Buy Now Pay Later

10. Retail Payments

11. In-Store Payments

12. Ecommerce Payments

13. Bill Payments

14. P2P and Remittances

15. Appendix

Table

Key facts, 2025

Payment instrument transaction values (LCU), 2022-2030f

Payment instrument transaction values ($), 2022-2030f

Payment instrument transaction volumes (units), 2022-2030f

Payment cards in circulation by type (units), 2022-2030f

Volume of payment card transactions (units), 2022-2030f

Value of payment card transactions (LCU), 2022-2030f

Value of payment card transactions ($), 2022-2030f

Debit cards in circulation (units), 2022-2030f

Debit card transaction volumes, 2022-2030f

Debit card transaction values (LCU), 2022-2030f

Debit card transaction values ($), 2022-2030f

Debit cards in circulation by scheme (units), 2022-26e

Debit card transaction values by scheme (LCU), 2022-26e

Debit card transaction values by scheme ($), 2022-26e

Debit cards in circulation by issuer (units), 2022-26e

Debit cards transaction value by issuer (LCU), 2022-26e

Debit cards transaction value by issuer ($), 2022-26e

Credit and charge cards in circulation (Units), 2022-2030f

Credit and charge card transaction volumes, 2022-2030f

Credit and charge card transaction values (units), 2022-2030f

Credit and charge card transaction values ($), 2022-2030f

Credit and charge cards in circulation by scheme (units), 2022-26e

Credit and charge card transaction values by scheme (LCU), 2022-26e

Credit and charge card transaction values by scheme ($), 2022-26e

Credit and charge cards in circulation by issuer (units), 2022-26e

Credit and charge cards transaction value by issuer (LCU), 2022-26e

Credit and charge cards transaction value by issuer ($), 2022-26e

Credit card in circulation (units), 2022-2030f

Credit card transaction volumes, 2022-2030f

Credit card transaction values (LCU), 2022-2030f

Credit card transaction values ($), 2022-2030f

Credit card in circulation by scheme (units), 2022-26e

Credit card transaction values by scheme (LCU), 2022-26e

Credit card transaction values by scheme ($), 2022-26e

Charge card in circulation (units), 2022-2030f

Charge card transaction volumes, 2022-2030f

Charge card transaction values (LCU), 2022-2030f

Charge card transaction values ($), 2022-2030f

Charge card in circulation by scheme (units), 2022-26e

Charge card transaction values by scheme (LCU), 2022-26e

Charge card transaction values by scheme ($), 2022-26e

Prepaid cards in circulation (units), 2022-2030f

prepaid card transaction values (LCU), 2022-2030f

prepaid card transaction values ($), 2022-2030f

Prepaid card transaction volumes (units), 2022-2030f

merchant acquiring transaction volumes (units), 2022-2030f

merchant acquiring transaction values (LCU), 2022-2030f

merchant acquiring transaction values ($), 2022-2030f

acquirers’ transaction volumes (units), 2022-26e

acquirers’ transaction values (LCU), 2022-26e

acquirers’ transaction values ($), 2022-26e

retail outlets and card-accepting merchants (units), 2022-2030f

debit card average interchange fees (%), 2022-26e

credit and charge card average interchange fees (%), 2022-26e

debit card merchant service charge and interchange fee (%), 2022-2030f

credit and charge card merchant service charge and interchange fee (%), 2022-2030f

retail market by product categories (LCU), 2022-2030f

retail market by product categories ($), 2022-2030f

Figures

Card penetration per inhabitant

Average number of monthly card transactions

POS terminals per 1,000 inhabitants

Inflation rate

GDP growth rate

Unemployment rate

Average annual wages

Total population

Banked population

Internet penetration

Cell phone penetration

Number of ATMs and ATMs per 1 million inhabitants

Number of POS terminals and POS terminals per 1 million inhabitants

Payment istrument transaction volume (paper-based vs electronic payments)

Payment instruments transaction value

Payment instruments transaction volume

Cross-border payment value

Cross-border payment Volume

Payment cards number of cards in circulation

Payment cards card penetration per individual, by card type

Payment cards value of card transactions

Payment cards volume of card transactions

Payments card value physical POS vs. remote

Payments card volume physical POS vs. remote

Payments value domestic vs. cross-border

Payments volume domestic vs. cross-border

Debit card share of transaction value

Credit and charge card share of transaction value

Debit card frequency of payments and average transaction value

Debit card ATM withdrawals frequency of use and average transaction value

Debit card schemes transaction value

Debit card schemes transaction volume

Debit card schemes market share in terms of transaction value

Debit card issuers by number of cards

Debit card issuers by transaction value share

Credit and charge card frequency of payments and average transaction value

Credit and charge card ATM withdrawals frequency of use and average transaction value

Credit and charge card schemes transaction value

Credit and charge card schemes transaction volume

Credit and charge card schemes market share in terms of transaction value

Credit and charge card issuers by number of cards

Credit and charge card issuers by transaction value share

Credit card balances outstanding

Credit card balances outstanding repayment schedule

Number of prepaid cards, value and volume

Prepaid card usage drivers

Card payment acquiring transaction value and volume

Card Payment Acquiring – Debit card transaction value and market share by transaction value

Card Payment Acquiring – Credit and charge card transaction value and market share by transaction value

Debit card average interchange fees (%)

Credit and charge card average interchange fees (%)

Debit card merchant service charge and interchange fee (%)

Credit and charge card merchant service charge and interchange fee (%)

Instant payments transaction value

Instant payments transaction volume

Digital wallet transaction value

Digital wallet transaction volume

Mobile Proximity Payments usage drivers

Mobile Proximity Payments funding methods

BNPL online transaction value and transaction volume

BNPL share of overall ecommerce transaction value

Preferred BNPL brand/tool for in-store and online payments

Retail sales

In-store transaction value by payment method

In-store payment tool usage drivers

In-store transaction value by products and services

E-commerce transaction value and ecommerce breakdown by mobile vs. desktop/laptop

Ecommerce market by product and services

Ecommerce market by payment tools

Online payment tool usage drivers

Bill Payments – Breakdown by payment tools

Bill Payments- Frequency of bill payments

P2P Payments – Domestic and International P2P money transfers and top priorities for P2P tools

Value of inward and outward remittances

Top 10 countries for inward and onward remittances

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Indonesia Cards and Payments: Opportunities and Risks to 2030

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