Settlement of funds on the iFortePay platform is done automatically, without periodic submissions. Users only need to complete account verification then the funds will automatically be settled directly to the account within D+2 working days. Funds that are settled into your account have been charged a service fee or MDR according to the payment method chosen by the customer. Learn about service fees (redirected to page pricing)

Example: there is a customer who made a transaction worth IDR 100,000. If the customer pays using QRIS, the service fee is 0.7% or IDR 700. Settled funds to the merchant's account are IDR 99,300. This service fee is known as the Merchant Discount Rate or MDR.

How to settle funds at iFortePay?

"iFortePay merchants can provide in-store payment with 2 features, EDC and QRIS Static. EDC is available on our service, there are EDC iFortePay X BRI and EDC Instapay options. Learn more about EDC >>> (go to EDC page)

In addition, there is also a Static QRIS payment that can be printed to receive payments. Customers can scan the QRIS code at your store, then customers can fill in the nominal payment according to the product purchased.

To create a Static QRIS, merchants can apply directly through [Instapay mobile application](https://instapay.id/id/).

Is it possible to provide in-store payment?

We will assist you with the process of activating your payment channel coherently. The iFortePay integration PIC will send the production credential after completing the integration and administration process.

As an overview, please read our integration guide here.

How do I activate a payment channel?

"Individual businesses can use the iFortePay payment service. The legal documents needed are KTP, NPWP of individual business owners, and NIB.

If you have further questions, don't hesitate to contact us at sales@ifortepay.co.id
"

Can individual businesses use the iFortePay service?

All of your business transaction data made in the iFortePay system can be accessed through a special merchant dashboard. Special access for merchants will be given after successful account registration.

How do I manage transactions for my business?

The Static QRIS feature is a fixed QRIS that can be printed to accept customer payments. Merchants can create Static QRIS easily through the Instapay application for FREE and 100% online. Download the Instapay application on the App Store or Play Store, then register the Instapay account. Then Merchants are MANDATORY to verify by completing the required data and documents.

Submit a QRIS for your store on the Static QRIS page. The submission process takes 14 working days. Your QRIS file will be sent to the email or contact number that you have registered. Read more [here](https://instapay.id/blog/terima-pembayaran-praktis-dengan-qris-statis-dari-instapay/).

How to create a Static QRIS?

Business owners can accept payments from international customers using the credit/debit card method with the Visa, Mastercard, and JCB logo on the iFortePay payment platform. Merchants can provide a payment page or payment page that is directly integrated with the credit card payment method on your website. Our credit/debit card payments have a superior security system to support the smooth running of your transactions with customers.

Make sure the credit card transaction limit in your account matches the invoice you made. Settled funds into your account will be received in Rupiah units. Learn more about credit card limits here. (navigate to help center >> account >> limit question).

Can I accept overseas payments?

Merchants can access all iFortePay features for FREE, without paying regular monthly fees. Service fees are only charged on invoices that have been paid, so you can start connecting your business with digital payments without being charged an activation fee at the start of registration.

Service fees vary according to the payment method the customer chooses, starting from 0.7% per transaction. You can learn all the service fees in detail by clicking here. (navigate to page pricing)

Have a large number of transactions? Contact our team at sales@ifortepay.id for price flexibility. 

How much does the iFortePay service cost?

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