What is DANA? DANA Review

What is DANA? DANA Review
DANA Wallet is one of the mainstream e-wallets in Indonesia. In 2017, Ant Financial and Indonesia Emtek Group jointly founded DANA, so DANA is also known as the "Indonesian Alipay". Founded in 2017 Founder Vincent Iswara Industry Payment


Background

In 2018, Jack Ma's Ant Financial and Indonesia's Emtek Group jointly launched the e-wallet "DANA", known as the "Indonesian version of Alipay". The emergence of DANA will provide mobile payment and financial services to more than 50 million Indonesian BBM (Indonesia's second largest chat tool) users. The emergence of DANA e-wallet combined with BBM will realize the same social mobile payment system as WeChat.

DANA aims to provide Indonesia with a reliable and fast mobile payment system. Indonesian users can use DANA wallet to pay for their mobile phones, landline bills, water and electricity bills, social security and other life services very conveniently. Ant Financial's involvement has given DANA wallet a Chinese pedigree.

Advantages

DANA Protection - Money Back Guarantee

Provide you with a multi-layer security system to ensure the safety of all DANA transactions.

Scan QR code to pay

Simply scan your DANA QR code for quick and easy payment at the cashier.

Easily collect and pay

Simply scan your DANA QR code to send money instantly using your mobile number at no additional cost.

No-hassle bill payments

Save more on mobile charging while paying all your bills including electricity, water, BPJ and installments!

Main features of Indonesian DANA payment

Covered regions/countries: Indonesia

Payment type: E-wallet

Supported currencies: IDR

Suitable industries: foreign trade e-commerce, game distribution, video live broadcast...

Coverage users: >20 million

Arrival time: Real-time arrival

Whether to support chargeback: Not supported

Whether to support refund: Yes

Development

In September 2018, Bukalapak announced that BukaDana, a new e-wallet service developed in cooperation with Dana, was officially launched.

In August 2019, third-party market research companies iPriceGroup and AppAnnie recently released the Indonesian e-wallet rankings for the second quarter of 2019. In terms of monthly active users, DANA has surpassed LinkAja and ranked third among Indonesian e-wallets, second only to GoPay and OVO.

In November 2019, the open platform mobile application was officially released.

In February 2020, DANA e-wallet became a payment method for Apple services in Indonesia.

References

  • 1. Indonesian version of Alipay DANA is launched: Sohu [cited on 2018-03-19T16:00:00.000Z]

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