Xendit

Xendit streamlines digital payments for 200,000+ businesses across Indonesia and the Philippines, processing over $12 billion in transaction volume yearly. Its API handles 99.9% uptime, enabling seamless integration with e-commerce platforms, subscription services, and offline retailers. Compared to #5 OVO, Xendit processes 40% more in business-to-business payment volume, though OVO dominates consumer-facing transactions. Xendit's multi-payment support—including credit cards, bank transfers, and e-wallets—makes it more comprehensive than the average fintech provider, which typically supports only three methods. The platform's average settlement time of 1.2 days is 60% faster than the typical rival's 3-day timeline. For Indonesian startups needing scalable payment infrastructure, Xendit offers unmatched speed and reliability at a 0.5% lower fee than the industry average.