Kredivo
Indonesia's leading BNPL platform helping merchants boost conversion and average order value
Kredivo is an Indonesian BNPL platform best for e-commerce merchants and marketplace sellers who want to convert credit-constrained Indonesian consumers at checkout. Its SEA edge is 4 million active Indonesian users and roughly 50 percent BNPL market share, with native Tokopedia, Shopee, and Bukalapak integrations and a typical 30 percent uplift in average order value. The trade-off is that Kredivo is Indonesia-only, so cross-border SEA merchants will still need additional BNPL partners for other markets.
- ✓Holds roughly 50 percent of Indonesia's BNPL market with 4 million active users
- ✓Native checkout on Tokopedia, Shopee, and Bukalapak — Indonesia's dominant marketplaces
- ✓0 percent and low-interest plans of 3, 6, 12, 24 months appeal to higher-AOV buyers
- ✓WooCommerce and Magento plugins make direct e-commerce integration straightforward
- ×Indonesia-only — no help for sellers expanding into PH, VN, TH, or MY
- ×Commission-based pricing not publicly disclosed; effective take rate varies by merchant
- ×AI credit decisions are fast but reject rates depend on the consumer's alt-data profile
- ×Best suited to mid-to-high AOV categories like electronics and fashion, less for low-ticket
About Kredivo
Kredivo is a Jakarta-based buy now pay later (BNPL) platform with 4 million active users representing 50% of Indonesia's BNPL market share. Merchants integrating Kredivo at checkout see average order values increase by 30% or more. It integrates natively with Tokopedia, Shopee, Bukalapak, and direct e-commerce checkouts, offering 0% interest installment plans for purchases from Indonesian partner merchants.
Key Features
Best For
Southeast Asia Fit
Kredivo addresses one of Indonesia's biggest e-commerce challenges: most consumers are underbanked and can't access traditional credit cards, but they want to buy higher-ticket items. With 4 million active users and 50% BNPL market share in Indonesia, integrating Kredivo is close to table stakes for serious Indonesian merchants. Indonesia's BNPL market is projected to reach $11.15 billion in 2026.
- SEA
Integrations
- E-commerce
- Tokopedia
- Shopee
- Bukalapak
- WooCommerce
- Magento
- Other
- API
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Related Analysis & Guides
The questions operators actually ask.
Does Kredivo actually lift checkout conversion in Indonesia?
Yes — merchants integrating Kredivo typically see average order value rise by 30 percent or more, driven by underbanked Indonesian consumers being able to access installment options on higher-ticket items they could not otherwise afford upfront.
Does Kredivo work outside Indonesia?
No — Kredivo is an Indonesia-only BNPL platform. For Philippines or Vietnam BNPL, you need separate local providers; cross-border SEA D2C brands should plan for a per-country BNPL stack.
Can I integrate Kredivo with WooCommerce or Magento?
Yes — Kredivo provides merchant APIs and plugins for WooCommerce, Magento, and custom stacks alongside native Tokopedia, Shopee, and Bukalapak integration.