Indopay, also known as PT Indopay Merchant Services, is a privately owned company headquartered in Indonesia. Founded in 2005 and operating as a subsidiary of Emtek, it has approximately 100 employees and reported $15.8M in revenue as of 2023. The company functions as an electronic payment solution provider, specializing as an acquirer and payment gateway, organizing non-cash transaction systems for both banking and non-banking financial institutions. Its core product suite includes the procurement and managed services of Electronic Data Capture (EDC) terminals, the implementation of Quick Response Code Indonesian Standard (QRIS) payment solutions, and the development of customized host switching and smart card applications. Operating under licenses from Bank Indonesia and maintaining PCI DSS security compliance, Indopay acts as a technical intermediary in the national payment ecosystem, providing the hardware, secure software, and transaction processing infrastructure required to facilitate digital commerce for its merchant network.
