QRIS or USDT: which payment method should you offer?

PAYWISE accepts two payment methods: QRIS and USDT on BEP20. Many shops offer both, but it helps to know which customers each one is for, and how the money reaches you.

QRIS: for customers in Indonesia

QRIS is Indonesia's national QR standard. Almost every banking app and e-wallet can pay it, so most local customers already know how to use it.

• Who pays: customers with an Indonesian bank account or e-wallet.
• Currency: rupiah.
• Funds available: in settlement batches during the day (payments made from 19:00 WIB become available at 10:30 the next day). See settlement and withdrawals.
• Withdraw to: an Indonesian bank account.
• Watch out for: each payment has a minimum and maximum amount, and the QR code expires after a set time.

New to QRIS? Read what is QRIS?

USDT: for international and crypto customers

USDT is a stablecoin that follows the US dollar. PAYWISE accepts it on the BEP20 network (BNB Smart Chain).

• Who pays: customers abroad, or anyone who already holds crypto.
• Currency: USDT.
• Funds available: as soon as the payment is paid.
• Withdraw to: a BEP20 wallet.
• Watch out for: customers must use the BEP20 network and send the exact amount shown. Funds sent on another network such as TRC20 or ERC20 can be lost.

New to USDT? Read what are USDT and BEP20?

Which one should you offer?

Funds are kept separate

QRIS funds stay in rupiah and USDT funds stay in USDT. PAYWISE never converts one into the other, and each has its own withdrawal page.

Fees

Each method has its own fee per successful payment, with no setup or monthly fee. See how PAYWISE fees work for the details.

Not sure what fits your shop? Ask us on Telegram at @paywise_asia.