Indonesia card payments to hit $61.3b in 2026

Inclusion and policy support fuel growth.

Indonesia’s card payments market is forecast to reach $61.3b (IDR1,010t) in 2026, driven by financial inclusion efforts and wider merchant acceptance, according to GlobalData.

The research firm said total card payment value grew at a compound annual growth rate of 14.4% from 2021 to 2025 to reach $59.7b (IDR984t) last year, as payment acceptance infrastructure expanded and consumers grew more familiar with electronic payments.

Debit cards remained the largest segment, accounting for 53% of total card payment value in 2025, supported by cashback and discount campaigns, the rise of digital banks, and inclusion measures such as the KEJAR student account programme and Laku Pandai agent networks.

Credit and charge cards made up the remaining 47% of card payment value in 2025, up from 41.4% in 2021, as consumers were drawn to rewards, co-branding, and instalment plans.