Qitero Qitero

Kredivo

Country: Indonesia (ID)  |  Payment Rail: bank_clearing

BNPL Market Adoption: 60%

Kredivo is a leading Buy Now Pay Later (BNPL) and digital credit platform in Indonesia, featuring instant credit approval and flexible installment tenors widely used for e-commerce, travel booking, and retail purchases.

🔄 User Payment Flow

  1. Customer selects Kredivo at merchant checkout
  2. Customer redirects to Kredivo checkout page or mobile app
  3. Customer selects preferred installment tenor (30 days, 3, 6, or 12 months)
  4. Customer enters registered mobile phone and OTP/PIN to authorize credit deduction
  5. Merchant receives instant order confirmation upon authorization

⚙️ Characteristics & Settlement

Instant PaymentYES
Supports QRNO
Supports RecurringYES
Supports RefundYES

🛠️ Merchant Integration Steps

  • Merchant backend initiates payment checkout request to PSP or Kredivo API
  • Customer completes BNPL authorization on Kredivo
  • Kredivo notifies merchant via webhook callback with payment status
  • Merchant captures transaction and fulfills order