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Xendit

by Xendit · Since 2014
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Active7+ countriesCloud
Quick facts
VendorXendit
Year launched2014
StatusActive
LocationJakarta, Indonesia
Countries served7+
Languages2
IntegrationsN/A
Free tierNO
Free trialYES
Contact salesNO

About Xendit

Xendit is widely recognized as the definitive financial standard for modern business operations throughout Southeast Asia, frequently dubbed the "Stripe of Southeast Asia".

Xendit is widely recognized as the definitive financial standard for modern business operations throughout Southeast Asia, frequently dubbed the "Stripe of Southeast Asia". The platform excels at taking fragmented banking networks, local e-wallets, cash drop-off spots, and card systems and uniting them under a single, highly reliable developer API. Its primary advantage is its exceptional infrastructure stability, giving local businesses access to automated reconciliation systems that completely replace slow, error-prone manual accounting processes. While its strict regional focus limits its use for global-first firms outside its target territories, Xendit remains an indispensable asset for E-Commerce Operators, Marketplace Founders, and Regional Product Managers who need to capture high-growth transactions across Southeast Asia.

Pros & Cons

Pros
  • Provides an affordable pay-as-you-go model that lets early stage startups test systems without heavy financial risks.
  • Allows approved merchants to bypass slow standard clearance cycles to maintain daily working capital.
  • Replaces slow manual verification checks with instant, programmatic virtual account tracking.
  • Clean API models, SDK tools, and sandbox testing nodes accelerate launch times for engineering teams.
  • Direct pipelines into fragmented local banks and e-wallets make it the undisputed payment hub for the region.
Cons
  • Interruptions in local bank networks can occasionally lower checkout success rates during peak hours.
  • Running cross-account structures through the marketplace engine adds sub-account operational fees.
  • High-security demands require businesses to pass extensive identity checks before unlocking live processing tiers.
  • Varying tax structures and processing fees across different countries can complicate international bookkeeping

Features

Key features

Hosted Payment Checkout Pages

Securely presents customizable, web-hosted transaction frames so companies can receive customer data without compliance liability.

Multi-Tier Marketplace Escrow Engine

Splits marketplace sales across merchant pools, matching specific fee distributions in one go.

Tokenized Direct Debit Framework

Allows approved e-commerce providers to securely hold card coordinates for single-tap checkouts without manual text prompts.

Direct Bank API Reconciliation

Completely eliminates manual accounting by automating real-time incoming balance confirmations via dedicated virtual account links.

Additional features

XenInvoice Billing Manager

Lets administrative back-office teams issue custom, localized invoice sheets that send text payment links directly to buyers.

Instant Outbound Disbursements

Empowers corporate entities to process payroll distribution runs or supplier invoices automatically using batch execution templates.

Localized Over-the-Counter Processing

Integrates with local convenience store chains (like Indomaret or 7-Eleven) to let unbanked buyers pay with cash over the counter.

Subscription & Recurring Billing Scheduler

Manages automated client card billing runs for companies with subscription terms or membership models.

AI-Backed Fraud Detection (XenShield)

Runs machine learning screening on transaction sequences to immediately flag and block card-testing patterns and stolen identities.

Cross-Border FX Clearing Bridge

Helps international companies safely process global purchases and settle earnings into localized accounts.

QRIS & Static QR Code Engine

Generates instant dynamic QR codes for mobile banking scans at checkout points or in-store cash wraps.'

Pricing

Free trial
Free version
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Countries & Languages

7
Countries served
2
Interface languages
14
Billing currencies

Available in

IndonesiaPhilippinesMalaysiaThailandVietnamSingaporeHong Kong

Interface languages

EnglishIndonesian

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇮🇩IDR🇸🇬SGD🇲🇾MYR🇵🇭PHP🇻🇳VND🇹🇭THB🇰🇷KRW🇯🇵JPY🇦🇺AUD🇳🇿NZD🇺🇸USD

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