Overview

Buy Now Pay Later V1.1

Paylater is a cardless installment method, allowing users to make purchases in installments without the need for a credit card. Users simply need to register through a Paylater provider's application to create an account and receive a credit limit. The payment process is straightforward—users select an installment period (tenor), which is determined based on the total transaction amount, and then confirm the payment.

Currently, we offer Paylater payment through Indodana. For online transactions, we provide the Generate Checkout URL feature, which generates a payment link. When the user opens the link, they will be directed to the Indodana payment page.

For offline transactions, we offer the POS Checkout feature. In this method, the user scans a QR code from the merchant’s application, which will then open the Indodana payment page within the user’s app.

We have two versions, with the main differences as follows:

In Version 1.0, the PG2 authorization format is used. In contrast, Version 1.1 implements an asymmetric signature scheme for generating payment authentication and a symmetric signature for verifying payment notifications.

Available Paylater or Cardless installment

Classification	Channel ID	Channel Name
BNPL	PL001	INDODANA

List of the APIs Available for Payment with Cardless installment or Pay Later are below:

• Get Payment Calculation
• Generate Checkout URL
• POS Checkout
• Payment Notification
• Check Transaction Status

Payment Simulator

Merchants can use a payment simulation link to make dummy payments.