Ovo

#e-Wallet

Ovo is a popular payment method in Indonesia. It is an e-wallet that allows users to store money and make online or in-store transactions using their smartphone. Ovo is […]

Certified payment providers 6
Market coverage 1
  • Indonesia
Currencies 1
  • Indonesia Rupiah
Description

Ovo is a popular payment method in Indonesia. It is an e-wallet that allows users to store money and make online or in-store transactions using their smartphone.

Ovo is an Indonesian company that was created in 2017 and quickly gained popularity due to its ease of use and widespread acceptance in local businesses. Ovo can be used to make payments in stores, restaurants, gas stations, cinemas, taxis, and public transportation.

Users can load money into their Ovo account using credit or debit cards, bank transfers, or points of sale. Once the money is in the account, it can be used to make payments by scanning a QR code or entering a mobile phone number. Users can also transfer money to other Ovo users.

Ovo also offers benefits such as cashback and reward points for transactions made with the e-wallet, as well as special promotions for purchases made from Ovo partners.

Data not up-to-date?

Help us create the ultimate resource for payment methods! Share your knowledge and expertise and help us provide the most accurate and up-to-date information.
Any updates? Share your knowledge and expertise and help us provide the most accurate and up-to-date information.

SHARE YOUR INSIGHTS SHARE YOUR INSIGHTS

Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

Go to Top