QRIS vs bank transfer vs virtual account: which suits your online shop?

Customers in Indonesia mostly pay online in three ways: QRIS, bank transfer and virtual account (VA). Each has its place. Here is how they compare.

QRIS

The customer scans a QR code with any banking or e-wallet app.

• Pros: works with almost every app, confirmed in seconds, and with dynamic QRIS each order is matched automatically. From 1 October 2026, payments up to Rp100,000 have 0% MDR for every merchant (details).
• Cons: each payment has a maximum amount, so very large invoices may not fit.

Bank transfer

The customer transfers to your bank account and sends a receipt.

• Pros: familiar to everyone, no setup.
• Cons: you must check every payment by hand, matching amounts is slow, and fake receipts are a real risk (how to stop them).

Virtual account

Each order or customer gets its own account number at a bank.

• Pros: confirmed automatically, suitable for large amounts and B2B invoices.
• Cons: usually tied to specific banks, so the customer may pay a transfer fee from another bank; providers usually charge a fee per transaction.

At a glance

Which should you offer?

• Everyday online orders: start with QRIS. It is fast, confirmed automatically and almost every customer can pay.
• Large B2B invoices: add a virtual account or accept bank transfers for those few cases.
• Customers abroad paying in stablecoins: USDT (BEP20) (what is it?).

PAYWISE offers QRIS and USDT through one API, with automatic confirmation by webhook. Start with How to accept QRIS payments.