Faspay: Indonesia’s Trusted, Feature‑Rich Payment Gateway

As businesses evolve in the digital age, securing a reliable, versatile, and secure payment gateway becomes mission-critical. Enter Faspay: beyond simply facilitating transactions, it’s a comprehensive solution for merchants seeking streamlined payment acceptance across Indonesia.

What Is Faspay?

Faspay is a payment gateway and funds disbursement provider operated by PT Media Indonusa, a subsidiary of the ASTEL Group. It was established in 2003 and is officially licensed and overseen by Bank Indonesia under Payment Initiation and Acquiring Services (PIAS) and remittance regulations. Recognized as Indonesia’s first licensed payment gateway, Faspay enables online merchants to seamlessly accept payments and transfer funds.

Core Values & Why Users Trust Faspay

Bank-Backed and Regulated

Faspay is licensed and supervised by Bank Indonesia and holds PCI-DSS Level 1 certification. This ensures high levels of compliance and security for merchants and end users.

Extensive Reach — 5,000+ Merchants

With over 5,000 merchants onboard, including major brands like Starbucks and Mandiri, Faspay has a strong track record in handling high-volume transactions across industries.

Wide Spectrum of Payment Methods

Faspay supports more than 50 payment methods across credit/debit cards, virtual accounts, e-wallets, QRIS, and even retail cash payments. This breadth ensures that businesses can serve a wide range of customers.

Real-Time Reporting & Dashboard

Merchants benefit from a powerful dashboard offering real-time transaction tracking, customizable reports, and business insights to support informed decision-making.

Quick, Customizable Integration

Faspay offers easy-to-integrate APIs, plugins, hosted payment pages, mobile SDKs, and even virtual account options, catering to a wide range of developer and platform needs.

Key Functional Modules

Payment Gateway (Accept Online Payments)

• Credit/Debit Cards: Offers direct bank and aggregator options. Fees begin from Rp 2,000 per transaction plus MDR or around 2.7% via aggregator.

• E-Wallets & Buy Now, Pay Later (BNPL): Integrates with OVO, DANA, LinkAja, ShopeePay, and BNPL providers like Kredivo and Indodana. BNPL fees range from 1.5% to 2.3%.

• Internet Banking & QRIS: Seamless payments via major banks and QR code (QRIS) with a 0.7% fee per transaction.

• Retail Cash Payments: Accepts payments in cash via Indomaret and Alfamart locations, ideal for unbanked customers. Flat fee of Rp 5,000 per transaction.

Invoicing & Payment Links (Billing)

Faspay’s invoicing feature allows businesses to generate payment links and send digital invoices without requiring a full website or complex integration.

Disbursement (SendMe)

Merchants can automate payouts to over 150 bank institutions and e-wallets. Disbursement fees are Rp 5,000 for bank transfers and Rp 2,000 for e-wallet payouts.

Cash-Out Network

Facilitates withdrawal of funds via convenience stores, enhancing accessibility for individuals or businesses without bank accounts.

QRIS

Faspay enables universal QR-based payments accepted across e-wallets and mobile banking apps using QRIS standards.

Integration & Developer Experience

• API and SDK Access: Faspay provides REST APIs, mobile SDKs, and a sandbox environment for testing.

• Tokenization: Merchants can tokenize sensitive data for recurring billing or secure re-use.

• Recurring Payments: Support for subscription models and automated billing.

• Sandbox Testing: Enables developers to simulate and verify workflows before going live.

• Node.js Support: Community-contributed SDKs and libraries available for faster implementation.

Security & Compliance

• Bank Indonesia Licensed: Officially registered under national payment regulations.

• PCI-DSS Level 1: Adheres to the highest level of cardholder data security standards.

• Fraud Protection: Features include 3D Secure (3DS), tokenization, and risk scoring tools.

• Secure Infrastructure: Uses SSL encryption, transaction logging, and audit trails.

Support & Partnerships

• 24/7 Support: Technical assistance available around the clock.

• Partner Ecosystem: Strong network of agencies, e-commerce platforms, and technology partners.

• Business Enablement: Tools like FasVA Generator and FasPayment Store help merchants expand and optimize operations.

Best Use Cases

• E-Commerce: Online stores with local or regional audiences in Indonesia.

• Subscription Services: SaaS, memberships, and recurring billing needs.

• High-Volume Enterprises: Scalable for large platforms and corporate clients.

• Unbanked Markets: Perfect for businesses needing retail cash collection.

• Omni-Channel Retailers: Combine online payments, invoices, and cash-outs in one solution.

Conclusion

Faspay is a clear leader in Indonesia’s payment space. It brings together:

• Strong regulatory compliance

• Competitive and transparent pricing

• An expansive suite of payment and payout services

• Proven reliability with top merchants

• Support for underserved segments, including unbanked customers.