Despite being present in Indonesia since 2015, Shopee's payment service was only formally introduced in August of the previous year.
How to Activate Shopeepay: ShopeePay, owned by Sea Group, has emerged as a significant player in Indonesia’s e-payment market. According to a recent survey conducted in March by market research firm Snapcart, it was the most widely utilised e-wallet in the nation.
According to local media Bisnis Indonesia, 76% of respondents said they use ShopeePay, with GoPay (57%), Ovo (54%), Dana (49%), and LinkAja (21%), following in order.Users regularly use their e-wallets to pay for offline transactions, according to the poll. Astrid Williandry, director of Snapcart Indonesia, attributed the high usage to partnerships and promotions with numerous businesses, including eateries and stores.
According to Snapcart, ShopeePay has a 38% market share as of this month and is closing the gap with rivals. Only half of ShopeePay’s market share was attained by Ovo and GoPay, with Dana (10%) and LinkAja (4%) lagging behind.
Despite being present in Indonesia since 2015, Shopee’s payment service was only formally introduced in August of the previous year. That was then, and it took off. In a previous MarkPlus poll, ShopeePay had the largest market share between June and September, coming in at 26%. ShopeePay also has the greatest e-wallet penetration rate in Indonesia, according to an August Ipsos report (48%).
1) To activate your ShopeePay account, go to “Me” and click on ShopeePay.
2) To begin configuring your ShopeePay account, tap “Set up ShopeePay.”
3) After that, your registered Shopee phone number will receive a verification code. Enter the verification code and hit “Continue” to move forward.
4) Following the verification procedure, a ShopeePay PIN creation prompt will appear. To validate your PIN, enter it one more into ShopeePay. After tapping “Continue,” your ShopeePay account setup is complete. To conduct any ShopeePay transactions, you will require this PIN.DO NOT SHARE THIS PIN WITH ANYONE, PLEASE.
To disable the Pay Without PIN feature, navigate to the ShopeePay page, click Settings, then Connected Services, and finally deactivate the Pay Without PIN button (only to ShopeeFood).
Please access the ShopeePay page, click Settings, then Connected Services, then activate the Pay Without PIN (Shopee Food only) button, then enter your ShopeePay PIN if you wish to reactivate the service.
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