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Disbursement amount limit increased, send funds to e-Wallet and more

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As a complete payment platform, Xendit empowers businesses not only to accept payments but also to send funds to staff, partners, suppliers and more. With Xendit, businesses can disburse funds instantly across 140+ local banks and e-Wallets in Indonesia.

Aligned with our aim to make payments simple, we are continuously improving our product to serve you best. We are excited to announce that we have expanded our disbursement features:

Send money easily to all major e-wallets in Indonesia using Xendit!

E-Wallets are getting popular among Indonesian, and we understand that some segments of your customers may prefer receiving money, be it for refunds or prizes, via their e-Wallets.

That is why we now support disbursement to all major e-Wallets providers, with DANA, LinkAja & Shopee Pay in addition to OVO & Gopay. 

To disburse funds to the eWallets, you may choose the respective Bank Codes.

  • Bank Code = DANA . Account Number format = 08XXXXXXXXXX
  • Bank Code = LINKAJA . Account Number format = 08XXXXXXXXXX
  • Bank Code = SHOPEEPAY . Account Number format = 08XXXXXXXXXX

You can find the full list of Bank Codes here

Disbursement Limit Increased to IDR 100 million

We understand that in some cases you may need to send a higher amount of funds in running your business, be it to settle payments to suppliers or other business partners.

Thus, we have increased the disbursement maximum amount limits, so you can make large transfers securely and on time. 

Disbursement maximum amount limit for bank account destination is as follow:

• BCA, Mandiri, BNI, BNI Syariah, BRI, Permata, CIMB, CIMB_UUS, Sinarmas: No limit

• To other banks: IDR 100,000,000 (increased from IDR 50,000,000)

Learn more about disbursement capabilities and processing times.

Multi-Level Approval for Disbursements on Dashboard

Sending money is a sensitive action and sometimes requires multiple levels of approval in a growing organization, especially as your transaction amounts get larger.

With Xendit, you can now have more than one approver level for your disbursements via our dashboard, and set up your approval rules flexibly to meet your business’s needs. Invite team members of different levels to review and approve your disbursements.

You can set up amount thresholds so that disbursements above a defined amount will need additional approval. Once set up, your disbursement will be sent out only when all required approvers have approved the disbursement.

Batch Amount Threshold: Total amount of all transaction in the batch disbursement

Transaction Amount Threshold: Amount of a single transaction in the batch disbursement

Contact us at help@xendit.co to learn more about the product or raise a ticket using live chat if you’d like to enable this feature.

 

Get started with Xendit

Start making disbursements using our API or through our dashboard by uploading a simple excel file. Learn more about disbursement capabilities and processing times here.

For many businesses, accepting and sending payments online is new territory, but we’re here to help. We have helped 1000s of businesses come online. If you have any questions, we’re eager to help! Find out more about Xendit, or sign up to try our dashboard today!

Learn more about payments in Indonesia

Understanding the opportunities and challenges of the local market is key to staging an effective entrance.

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