How Xendit Benefits Businesses in Southeast Asia

Xendit is one of the fastest-growing payments infrastructure platforms for Southeast Asia. It recently closed $300 million in Series D funding, making it the largest payment gateway in Asia.

Xendit helps businesses in Indonesia, Philippines and Southeast Asia, from SMEs to e-commerce startups, to accept payments, disburse payroll, run marketplaces and more. The company’s tools let businesses accept direct debit, virtual accounts, credit and debit cards, e-wallets, retail outlets and online instalments.

Payment APIs & Infrastructure

Xendit provides payment APIs and infrastructure that simplifies the payment process for businesses in Indonesia, the Philippines, and Southeast Asia. It enables businesses to accept payments, disburse payroll, run marketplaces, and more.

Founded in 2014, Xendit delivers a comprehensive suite of payment services that provide easy and secure transactions to businesses. Its platform enables businesses to easily accept credit and debit cards, online installments, and e-wallets from consumers.

In addition to its payment gateway, Xendit also offers business operations and store management products. These solutions provide merchants with an easier and more cost-effective way to manage their operations.

For example, Xendit uses CyberSource’s integrated payment processing and fraud management solutions to enable its clients to securely accept a wider range of card types, brands, and currencies across the world. This allows them to offer their customers a superior customer experience and improve their bottom line. Additionally, they can now offer a variety of payment options, such as credit cards, virtual accounts, and direct debit.

Payment Gateway

Payment gateways are a useful tool to help businesses accept payments from different customers. They provide a range of benefits, including lower transaction fees and the ability to accept credit cards and e-wallets.

In addition, a good payment gateway will have a fast and reliable settlement speed, along with other features that may be helpful for your business. For example, it might include a real-time dashboard and automatic data reconciliation to save you time and money.

Another benefit of using a payment gateway is that it takes away the need to negotiate with individual banks and other financial institutions. This can save your business a lot of time and energy, as well as money.

Xendit provides a variety of payment solutions to simplify the entire payment process for small and medium-sized businesses (SMBs) and e-commerce startups in Indonesia and across Southeast Asia. It helps them accept payments from direct debit, virtual accounts, credit and debit cards, e-wallets, retail outlets, and online installments on an easy integration platform.


In a world where credit cards and digital payments are commonplace, a quality payment processor is essential for any business. The best companies provide easy-to-use and efficient solutions that make their services virtually invisible to businesses.

Xendit’s suite of products makes it easier for businesses to fulfill sales and focus on growth. The company provides an intuitive dashboard that provides a centralized view of sales and payments, with detailed financial reports. It also provides a range of innovative payment options, including direct debit, e-wallets, retail outlets (Alfamart, Indomart, etc.), and installment plans.

Tessa Wijaya, COO of Xendit, said that the company has been focusing on delivering valuable products that clients find most useful. One of these is XenInvoice, a customizable hosted checkout page that lets customers pay by credit and debit card, online banking, or a variety of e-wallets.

Xendit also offers virtual account (VA) payments, a convenient way for end users to register debit cards and bank accounts online with one-time authorizations that let merchants pull funds directly from their customers’ bank accounts without the need for OTP. With a VA, merchants can receive instant settlement and fees that are significantly lower than those of traditional credit card processing.


XenRemit, a service provided by Xendit, allows businesses to send remittances via their bank accounts. Customers can simply click on a link and enter their preferred payment details, which are then automatically disbursed to the recipient.

Unlike traditional bank-based remittances, XenRemit is completely digital and requires no manual intervention, reducing risks. It also allows remittances to be sent from anywhere in the world, with no transaction charges.

Xendit recently closed a $150 million Series C funding round that bumped up its valuation to $1 billion. It was co-led by Coatue and Insight Partners, with additional investment from Accel, Tiger Global Management, Kleiner Perkins, EV Growth, Amasia, and Justin Kan’s Goat Capital.