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Virtual Accounts (VA) in Indonesia are ad-hoc bank account details to receive bank payments to real bank accounts without sharing the underlying bank details. Each bank has their own system of creating and managing VAs

Method
Virtual Account (ID)
LPM Market Share
50%
Payments
Yes
Refunds
No - refunds not supported
Type
Bank Transfer
Local Card Scheme
Users
135M
Disbursements
Yes
Yes
Chargebacks
$25.00
$25.00
Authorization currency
IDR
Authorization
speed
Instant
Recurring
No
No