When can I send money to Indonesia with Peanut?

Peanut is actively working on the Indonesia QRIS integration. A confirmed launch date has not been announced yet. Sign up now to get notified the moment it goes live — you will be among the first to access it.

What payment methods will be supported in Indonesia?

Peanut is integrating with QRIS, Bank Indonesia's national unified QR payment standard. QRIS connects all major e-wallets (GoPay, OVO, DANA, ShopeePay, LinkAja) and bank apps under one interoperable QR code. Recipients will scan a single QRIS code at merchants and pay in rupiah instantly. Bank withdrawals to Indonesian accounts will also be available.

How do I get early access?

Sign up for a Peanut account today. You can already deposit digital dollars and hold a balance. When the QRIS integration launches in Indonesia, you will be notified and can start spending immediately.

Will I need a KTP or Indonesian bank account?

No. Peanut will not require a KTP (national ID card), KITAS (residency permit), or an Indonesian bank account. You verify with any passport or national ID card from any country. This is a major advantage for tourists and digital nomads in Bali who currently have limited access to QRIS and local e-wallets.

How much will it cost to send money to Indonesia?

Peanut charges no fees on deposits, transfers, or spending. The exchange rate model for IDR is being finalized, but the approach is the same: digital dollars convert directly to local currency at the market rate, without hidden charges. Compare that to Wise (0.4-1.5% fee), credit cards (3-4% foreign transaction fee), or airport currency exchange booths (5-10% markups in tourist areas).

Can I already deposit and hold funds for when Indonesia launches?

Yes. Create a Peanut account today, deposit digital dollars on any supported network, and hold a balance. When QRIS spending goes live, your balance will be ready to spend at any QRIS merchant across Indonesia.

Will QRIS work with GoPay, OVO, DANA, and ShopeePay?

QRIS is fully interoperable — a single QRIS QR code at a merchant works with all participating banks and e-wallets. When Peanut integrates with QRIS, you will be able to pay at any QRIS-enabled merchant regardless of which e-wallet the merchant originally set up with. That is the whole point of QRIS: one code, every provider.

Send Money to Indonesia with Peanut — Coming Soon

Peanut is expanding to Indonesia. Soon you'll send money and have recipients spend locally via QRIS — no fees, no KTP needed.

Send Money to Indonesia with Peanut — Coming Soon

Peanut is expanding to Indonesia. Soon you will be able to send money to anyone in Indonesia and have them spend locally using QRIS, Bank Indonesia's national unified QR payment standard. The recipient will not need a KTP (national ID card) or an Indonesian bank account to receive and spend money through Peanut. Just a passport and the Peanut app.

Indonesia is Southeast Asia's largest economy and a rapidly growing digital payments market. QRIS has unified the previously fragmented QR ecosystem — replacing separate GoPay, OVO, DANA, and ShopeePay QR codes with a single interoperable standard accepted at millions of merchants nationwide. But accessing QRIS requires a local bank account or e-wallet, which requires a KTP or residency permit (KITAS). The millions of tourists and digital nomads who visit Bali, Jakarta, and Yogyakarta every year are locked out. Peanut will change that.

Why Peanut Will Be the Best Way to Send Money to Indonesia

No Fees

Peanut charges nothing on deposits, transfers, or spending. Whether you fund your account via ACH from a US bank, SEPA from a European bank, or digital dollars from an exchange, the deposit is free. Sending to the recipient is free. Spending in Indonesia via QRIS will be free. Compare that to the alternatives:

Wise: 0.4-1.5% in additional charges on every transfer
PayPal: 3-4% cross-border fee, plus an unfavorable exchange rate markup
Western Union: $5-$15+ flat fee per transfer, plus a rate markup built into the rate

For digital nomads in Bali spending $2,000-$3,000 per month, traditional payment methods cost an extra $60-$200 per month in fees and poor exchange rates.

Better Exchange Rate

Peanut's exchange rate model converts digital dollars directly to the local currency at the market rate, bypassing the markups that traditional providers embed. While the exact rate mechanism for IDR is being finalized, the approach eliminates the 0.5-2% exchange rate markup that services like Wise and credit cards add on top.

Indonesia uses the rupiah (IDR), which operates under a managed float. Exchange rates at airport and tourist-area counters are often 5-10% worse than mid-market rates. Even Wise and PayPal add their own markup. Peanut's model is designed to deliver a consistently better rate without the variability of physical money changers.

Instant Local Spending via QRIS

Once Peanut launches in Indonesia, recipients will be able to pay instantly by scanning QRIS QR codes at merchants across the country. QRIS is fully interoperable — one QR code works with all participating banks and e-wallets.

QRIS is accepted at:

Warungs (small local shops) and street vendors
Supermarkets and convenience stores: Indomaret, Alfamart
Restaurants, cafes, and bars — including many in Bali's tourist areas
Online merchants
Transportation and parking
Government services

QRIS replaced the fragmented QR ecosystem where merchants needed separate QR codes for GoPay, OVO, DANA, and ShopeePay. Now a single QRIS code works with all of them, dramatically expanding merchant coverage.

No KTP or Residency Permit Needed

Info

Peanut will not require a KTP (national ID card) or KITAS (residency permit). Verify with any passport and start spending via QRIS — no Indonesian bank account needed.

Indonesia's KTP (Kartu Tanda Penduduk) is required for bank accounts, full e-wallet verification, and SIM card registration. Foreigners need a KITAS (residency permit) for full access to financial services. Tourists and digital nomads on short-term visas can register for e-wallets with limited functionality, but full access remains restricted.

Peanut will bypass all of these requirements. Recipients verify with any passport or national ID card — no KTP, no KITAS, no Indonesian bank account needed. This is especially valuable for the massive digital nomad community in Bali (Canggu, Ubud, Seminyak) and the growing number of tourists visiting Jakarta, Yogyakarta, and the Indonesian islands.

How It Will Work

1
Sign up and verify your identity
Create a Peanut account and complete identity verification. Submit a photo of your passport or national ID card plus a selfie — the process takes under 2 minutes for most users. No KTP or KITAS required.
2
Deposit funds
Fund your account using the method that fits your location. US users deposit via ACH (free, 1-3 business days) or digital dollars. European users deposit via SEPA (free, 90% under 20 minutes). Australian and Singaporean users send digital dollars from a local exchange. Anyone can send USDC, USDT, or DAI on Solana, Arbitrum, Base, Tron, Avalanche, Polygon, or Ethereum — all deposits are free and arrive in minutes.
3
Send to the recipient (or spend yourself)
If sending to someone in Indonesia, the recipient creates their own Peanut account and verifies with a passport. Send them money directly — Peanut-to-Peanut transfers arrive instantly. If you are the one visiting Indonesia, spend directly from your own account.
4
Spend locally via QRIS
Open the Peanut app, scan a QRIS QR code at any merchant, review the payment in IDR, and confirm. The merchant receives rupiah instantly. The merchant sees a normal QRIS payment — they have no idea Peanut is involved.

What the Recipient Will Be Able to Do

QRIS Payments

QRIS (Quick Response Code Indonesian Standard) is Bank Indonesia's national unified QR payment system. When Peanut integrates with QRIS, recipients will be able to:

Scan QR codes at any QRIS merchant — from warungs and street vendors to supermarkets, malls, and restaurants
Pay at Bali's tourist areas — restaurants, shops, and cafes in Canggu, Ubud, Seminyak, and Kuta increasingly accept QRIS
Shop online — select a QRIS-compatible payment method at checkout
Pay government services — transportation, parking, and official fees

QRIS is fully interoperable across all major Indonesian e-wallets (GoPay, OVO, DANA, ShopeePay, LinkAja) and bank apps. One QR code works with every participating provider. This interoperability is a major advantage — merchants display a single QRIS code instead of multiple app-specific codes.

QRIS adoption accelerated significantly during and after the pandemic. Bank Indonesia aims for QRIS to be the backbone of Indonesia's cashless economy push, and merchant coverage is expanding rapidly even in smaller cities and rural areas.

Cross-Border QR Interoperability

QRIS has cross-border QR links being developed with Thailand (PromptPay), Malaysia (DuitNow), and Singapore (PayNow/NETS). As Peanut expands across Southeast Asia, users will benefit from the growing interoperability between these national QR systems.

Bank Withdrawal

Recipients will also be able to withdraw their Peanut balance to a local Indonesian bank account for rent, bills, and other expenses.

Digital Dollar Withdrawal

Recipients who prefer to hold digital dollars can withdraw USDC, USDT, or DAI to any external wallet on supported networks. This is available today — even before the Indonesia spending integration launches.

Get Notified

Key Corridors

Send Money from the United States to Indonesia

US tourists and digital nomads frequently visit Bali and Jakarta. US-based senders will deposit via ACH (free, 1-3 business days) or digital dollars (free, arrives in minutes). The recipient in Indonesia will spend immediately via QRIS at any merchant. Travelers can pre-load their account before the trip and pay at QRIS merchants from the moment they land in Bali — no exchanging cash at the airport, no overpaying with credit cards.

Send Money from Australia to Indonesia

Australia has one of the strongest travel corridors to Indonesia, driven by Bali's popularity as the top Australian holiday destination. Australian senders will deposit via digital dollars from a local exchange. The recipient in Indonesia spends via QRIS instantly. For families and regular travelers, this eliminates the need for airport currency exchange booths with their 5-10% markups.

Send Money from Singapore to Indonesia

Singapore and Indonesia have deep economic ties, with frequent cross-border travel for business and leisure. Singaporean senders deposit via digital dollars. QRIS's cross-border interoperability with Singapore's PayNow/NETS is in development, which will further strengthen this corridor. For now, Peanut provides the bridge.