Export business requires persistence and patience especially if you live in Indonesia where documentation and licensing is still an issue. With the adoption of one single submission system, however, situation has been relatively better. Documentation and licensing become much easier.

 

What about payment in export? When it comes to money, it is always a sensitive issue. Everyone in the business, both sellers and buyers, want a trusted and safe payment system.

 

Madeinindonesia.com was established, in part, to respond to this sensitive issue and to provide solutions. Thus, it worked to provide local and cross-border payment in multiple currencies.

 

The export solutions platform supports a variety of payment options, from credit cards, telegram transfer (TT), online payments, partial payments with some of the most reputed national and international banks and Indonesia's most secure payment gateway licensed under monetary authority of Indonesia (OJK).

 

Other payment options including letter of credit (LC) and cash on delivery are provided under special cases.

 

So, how is the secured payment system at Madeinindonesia.com?

 

The platform strictly bans vendors from receiving payments directly in their account in any case. Madeinindonesia.com states it is not responsible for any transactions outside the platform. Thus, it tells members to only use payment options designated on the platform’s payment page.

 

This secured payment will protect online orders when payment is made through the platform. The hassle-free and secure transaction system on the platform allows buyers peace of mind as the vendors will not get paid till the buyers get the desired products.

 

Once your payment is processed, your order status will change to “waiting for supplier to ship order”. If the buyer opted for installments, the status will change to “awaiting balance payment”. If the amount received for your initial payment is less than the amount agreed in your contract, your order status will change to “insufficient payment”. This may be because bank charges were deducted form your payment.

 

If this is the case, please contact the supplier and ask them to confirm your payment (sellers can view the incoming payment but cannot withdraw it). If the amount received is significantly less than the amount agreed in the contract (more than 5% or more than US$100), please first complete your payment.

 

Madeinindonesia.com offer multiple bank transfer options for large transactions with low transaction fee (please check the transaction fee list) and for real-time transaction.

 

The tech platform partnered with some international banking and secure payment gateway licensed under monetary authority of Indonesia (OJK). Madeinindonesia.com uses cutting edge technology to secure your payment to make sure it gets to the supplier safely.

 

This platform is also developing Transaction Center to help users track and reconcile the funds flow. Various payment methods are available on MadeinIndonesia.com that you can use.

 

For more information please visit: https://madeinindonesia.com/mind-secure-payment-system/