A long-established Indonesian wallet with strong loyalty and cashback at malls, chain retail and petrol stations, plus QRIS payments and checkout on platforms such as Tokopedia.
!Not a bank. OVO is a Bank Indonesia-licensed e-money issuer. Balances are electronic money, not bank deposits, and are not insured by LPS.
Not recommended for short-stay tourists. Registration needs an Indonesian number and upgrading to OVO Premier (full functionality) normally requires an Indonesian KTP or KITAS, leaving visitor-visa holders on a low-limit basic account. Long-term residents with a KITAS can use it normally. Tourists are better off with GoPay.
No mandatory minimum; basic accounts have a low balance cap｜Free to open. Reloads at convenience stores or via banks may carry a small fee; QR payments to merchants are generally free.
Basic accounts have low balance and monthly transaction limits that change with regulation; upgrading to Premier raises them. Check the app for current figures. Balances are e-money and are not insured by LPS.
Not recommended for short-stay tourists. Registration needs an Indonesian number and upgrading to OVO Premier (full functionality) normally requires an Indonesian KTP or KITAS, leaving visitor-visa holders on a low-limit basic account. Long-term residents with a KITAS can use it normally. Tourists are better off with GoPay.
Local bank account: Not required. Items typically needed: An Indonesian mobile number; Indonesian ID card (KTP) or KITAS/KITAP; Passport (for basic registration); An Indonesian bank account or cash for reloads.
Typically: An Indonesian mobile number; Indonesian ID card (KTP) or KITAS/KITAP; Passport (for basic registration); An Indonesian bank account or cash for reloads.
How to sign up: Fully online — register an Indonesian number in the app and verify with KTP/KITAS (Registration takes about 10 minutes; verification usually 1–3 working days). Steps: 1) Download OVO and register with an Indonesian number 2) Set a 6-digit PIN and complete SMS verification 3) Submit your KTP/KITAS and a selfie on the upgrade page 4) Wait for review (usually 1–3 working days) 5) Top up via bank transfer, convenience store or an OVO agent 6) Pay by scanning the QRIS code Fees: Free to open. Reloads at convenience stores or via banks may carry a small fee; QR payments to merchants are generally free.
Basic accounts have low balance and monthly transaction limits that change with regulation; upgrading to Premier raises them. Check the app for current figures. Balances are e-money and are not insured by LPS.
E-wallet rules change often — always follow the latest instructions in the official app.