Xendit is a fintech company that provides payment infrastructure and solutions for businesses across Southeast Asia. Xendit enables companies in Indonesia, the Philippines, Malaysia, Thailand, and Vietnam to accept and manage payments efficiently, catering to everyone from SMEs and startups to large enterprises.
Xendit's platform offers secure, easy-to-integrate payment systems that support a wide range of payment methods, including virtual accounts, credit and debit cards, eWallets, retail outlets, and online installments. This flexibility allows businesses to offer seamless payment experiences to their customers, both locally and internationally. Xendit is licensed and regulated in several countries in Southeast Asia, emphasizing compliance and security as part of its core offering.
What technology enables Xendit’s payment solutions?
Xendit leverages modern fintech infrastructure to simplify complex payment flows for its clients. Its API-driven platform connects businesses to multiple payment channels, allowing for quick integration and customization. The system is designed to be scalable and reliable, with a focus on providing robust customer support and minimizing payment friction. Key features include:
- Virtual accounts for streamlined bank transfers
- Credit and debit card processing
- Integration with popular eWallets and retail payment outlets
- Support for online installments and recurring billing
Who uses Xendit?
Xendit's customer base ranges from small and medium-sized enterprises (SMEs) to large e-commerce platforms and multinational corporations seeking to operate across Southeast Asia. By offering localized solutions in multiple countries, Xendit supports both startups looking to scale and established companies aiming to expand their regional footprint.
Who are Xendit’s competitors?
Xendit operates in the competitive Southeast Asian payment gateway and fintech landscape. Key competitors and alternative platforms include:
- Payment Asia: Offers secure and innovative online payment solutions tailored for Southeast Asia.
- Fiuu: Focuses on Malaysia, accepting payments via e-wallets, FPX, cards, BNPL, and more.
- 2C2P: A full-suite payments platform for global businesses with support for online, mobile, and offline payments.
- Payex: Part of Xendit, with an extensive payment network in ASEAN countries.
- Stripe: Global payment processing, with support for Southeast Asian markets.
- Paypal, iPay88, Opn Payments (formerly Omise), Atome, HitPay, and Liquid Gateway: Each providing various levels of payment processing, e-wallet, and gateway services in the region.
These companies differentiate themselves through their supported payment channels, regional focus, regulatory coverage, and technology integration capabilities.
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