Kredivo is one of the largest paylater and personal-credit apps in Indonesia, with limits up to IDR 50,000,000 and a merchant network spanning Tokopedia, Shopee, Lazada, Tiket.com, IKEA, Erafone, and 10,000 more. The pay-in-30 product runs at 0% interest with no admin fee, which is the best part of the offer. The catch is the longer installment side: rates start at 1.99% per month but the maximum APR climbs to 41.51%, and approvals tighten for thinner credit profiles. If any of that pushes you to compare, here are seven Kredivo alternatives worth installing.
Why people leave Kredivo
- Installment APR can reach 41.51%. The headline 1.99% monthly figure is the floor; longer tenors or higher-risk applicants see meaningfully higher annualized rates.
- Approval depends on the verification stack. Users with thinner digital footprints sometimes hit rejection or lower limits than expected.
- 24-month tenor caps stretch repayment. Long-running plans accrue more total interest even at lower monthly rates.
- Pay-in-30 only works if you actually pay in 30. Missing the window flips the transaction onto an installment plan with interest.
- Merchant set tilts toward e-commerce. In-person merchants and smaller retailers are less consistently covered than ShopeePay’s QRIS or Atome’s offline network.
Which app should you choose?
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Akulaku if you want the closest like-for-like to Kredivo. Online shop and paylater across Indonesia, Philippines, and Vietnam.
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ShopeePay if Shopee is your main marketplace. SPayLater 0% installments built into the same app.
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Indodana if you want paylater across e-commerce and travel. PayLater limits with cashback at partner merchants.
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Atome if you prefer split-into-3 over long installments. Three equal payments, no interest on selected merchants.
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Honest if you want a virtual credit card with QRIS. Card-style limits with paylater behavior.
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GoPay if you already use Gojek and Tokopedia. GoPay Later for paylater inside the super-app, plus GoPay Pinjam for cash.
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Kredit Pintar if you want pure cash loans, not paylater. Online cash with longer tenors and no merchant tie-in.
Stay on Kredivo if pay-in-30 covers most of your usage and you want broad merchant coverage with a single app. The 0% pay-in-30 product is genuinely competitive when you settle on time.
Comparison table
| App | Best for | Product type | Tenor | Headline rate |
|---|---|---|---|---|
| Akulaku | Like-for-like paylater | Paylater + cash loan | Up to 12 months | Tiered |
| ShopeePay | Shopee shoppers | Wallet + SPayLater | Up to 24 months | 0% on selected terms |
| Indodana | E-commerce paylater | Paylater + cashback | Up to 12 months | Per-merchant |
| Atome | Split-into-3 plans | Pay in 3 | 3 payments | 0% on selected |
| Honest | Virtual credit card | Card with QRIS | Revolving | Card-style |
| GoPay | Gojek users | Wallet + paylater | Plan-dependent | Plan-dependent |
| Kredit Pintar | Pure cash loans | Cash loan | Plan-dependent | Per OJK schedule |
1. Akulaku — closest like-for-like to Kredivo
Akulaku is the closest direct competitor to Kredivo. The app pairs an online marketplace with paylater, installment plans, and a cash-loan service across Indonesia, Philippines, and Vietnam. Users buy electronics, fashion, and household items inside the app on installment, or apply for cash loans through Akulaku Finance. Limits and rates depend on profile and tenor, with terms shown at checkout.
Kredivo vs Akulaku is the cleanest comparison in the paylater pack. Both run their own catalog, both offer cash loans, and both clear OJK supervision. Akulaku tends to win on in-app catalog promos, Kredivo on merchant breadth.
Advantages:
- Built-in marketplace plus external merchant paylater
- Cash loans through Akulaku Finance
- Operates across Indonesia, Philippines, and Vietnam
- Promotional cadence on flagship sale days
Disadvantages:
- Catalog quality varies versus Tokopedia or Shopee
- APRs and fees disclosed at sign-up vary by profile
- Strongest deals require full KYC
Pricing: Free app. Installment interest rates and admin fees vary by tenor and product, disclosed at sign-up.
2. ShopeePay — best for Shopee shoppers with SPayLater
ShopeePay bundles a wallet and SPayLater inside one app. SPayLater opens 0% installment terms on selected tenors at QRIS merchants and Shopee checkouts, with longer plans available at higher rates. The maximum APR is capped at 36%, lower than Kredivo’s 41.51% maximum. SPinjam by PT Lentera Dana Nusantara adds a separate cash-loan service.
Kredivo vs ShopeePay leans on merchant choice. Kredivo covers more external merchants. ShopeePay wins inside Shopee and at QRIS merchants where SPayLater is offered.
Advantages:
- 0% SPayLater installments on selected terms
- Maximum APR capped at 36%
- Wallet plus paylater in one app
- 4.8 user rating on 56M+ downloads
Disadvantages:
- SPayLater accrues interest if you skip the 0% terms
- Merchant network outside Shopee is narrower than Kredivo’s
- Best rates require active Shopee orders
Pricing: Free app. SPayLater rates start at 0% on selected terms and rise from there. Maximum APR 36%.
3. Indodana — best paylater across e-commerce and travel
Indodana focuses on paylater across e-commerce, travel, and offline retail with periodic cashback campaigns at partner merchants. The app exposes a clear limit, term selector, and repayment schedule before purchase, and the merchant partner list covers consumer electronics, lifestyle, and travel bookings. Indodana is licensed and supervised by OJK.
Kredivo vs Indodana is closely matched. Both run paylater with multi-month tenors. Indodana’s cashback promotions can beat Kredivo on selected merchants, while Kredivo wins on raw merchant breadth.
Advantages:
- Paylater plus cashback at partner merchants
- Clear repayment schedule before purchase
- Coverage across e-commerce, travel, and offline retail
- Periodic 0% promotion partners
Disadvantages:
- Limit and rate depend on profile review
- Merchant list narrower than Kredivo
- Promotions concentrated on selected partners
Pricing: Free app. Per-merchant rates and admin fees disclosed at sign-up.
4. Atome — best split-into-3 paylater
Atome runs the pay-in-3 model: split a purchase into three equal payments, with the first paid at checkout and the next two at 30-day intervals. On selected merchants the plan is 0%, with no interest if paid on schedule. The merchant network covers fashion, beauty, lifestyle, and selected electronics in Indonesia and across Southeast Asia.
Kredivo vs Atome is a tenor question. Kredivo offers pay-in-30 (single payment) and longer 3 to 24-month plans with interest. Atome offers a tighter three-payment structure that limits exposure. Atome wins on simplicity, Kredivo on flexibility.
Advantages:
- Three equal payments structure
- 0% on selected merchants
- Cleaner repayment math than long-tenor plans
- Coverage across fashion, beauty, and lifestyle
Disadvantages:
- Smaller merchant network than Kredivo
- Tenor limited to three payments
- Late fees apply if a payment is missed
Pricing: Free app. 0% on selected merchants when paid on schedule. Late fees apply per the disclosed schedule.
5. Honest — best virtual credit card with QRIS
Honest offers a virtual credit card paired with QRIS payments and a paylater behavior pattern. Users get card-style revolving credit that can be used at QRIS merchants, e-commerce sites, and online subscriptions. The product is closer to a Visa or Mastercard credit card than to Kredivo’s purchase-based paylater, with a billing cycle and minimum payment instead of fixed installments.
Kredivo vs Honest is paylater versus virtual credit card. Kredivo locks each purchase into a tenor at sign-up. Honest gives a revolving line that can be paid in full or rolled over, with interest on the rolled balance.
Advantages:
- Virtual credit card behavior with QRIS support
- Revolving credit instead of per-purchase plans
- Online subscription compatibility
- OJK-licensed lender
Disadvantages:
- Revolving balance accrues interest at card-style rates
- Minimum-payment habits can stretch repayment
- Limit depends on profile review
Pricing: Free app. Card-style interest disclosed at sign-up. Late fees apply per disclosed schedule.
6. GoPay — best for Gojek users with paylater inside
GoPay is a wallet first, with GoPay Later as the paylater option and GoPay Pinjam for cash loans. GoPay Later covers Gojek transactions and select Tokopedia and other-merchant purchases, with installments up to 12 months. GoPay Pinjam offers online cash loans with limits up to IDR 25 million and tenors up to 183 days, regulated and disclosed in-app.
Kredivo vs GoPay is paylater-as-a-feature versus paylater-as-the-product. Kredivo’s limit ladder runs higher, but GoPay packages the paylater inside the same app you already use for QRIS and rides.
Advantages:
- 100 free interbank transfers per month
- GoPay Later for paylater within Gojek and partner merchants
- GoPay Pinjam for cash loans up to IDR 25M
- 4.6 user rating on 93M+ downloads
Disadvantages:
- GoPay Later limits and merchant set narrower than Kredivo
- Loan and paylater run separate KYC flows
- Strongest perks lean on Gojek transactions
Pricing: Free app. Paylater and loan rates disclosed in-app per OJK schedule.
7. Kredit Pintar — best for pure cash loans
Kredit Pintar is a dedicated online cash-loan app, not a paylater. The product is a clean cash advance disbursed to a bank account, with terms set per OJK schedule. There is no merchant tie-in, no in-app catalog, and no paylater layer. The pitch is straightforward access to cash for users who do not need a purchase-based plan.
Kredivo vs Kredit Pintar is paylater versus cash loan. If your reason for switching is that you want money in a bank account rather than a credit line at checkout, Kredit Pintar is the cleaner fit.
Advantages:
- Pure cash loan disbursed to bank account
- No merchant or marketplace dependency
- Terms set per OJK schedule
- Faster path to cash than purchase-tied paylater
Disadvantages:
- No paylater behavior at merchants
- Interest applies on every loan, no 0% pay-in-30 option
- Approval and limit depend on profile
Pricing: Free app. Loan interest, admin fees, and tenors disclosed in-app per OJK schedule.
Frequently asked questions
What is the best Kredivo alternative?
Akulaku is the closest like-for-like, with paylater plus a built-in catalog and cash loans. ShopeePay edges ahead inside the Shopee ecosystem with SPayLater 0% installments, and Atome wins for users who prefer a tighter pay-in-3 structure over long tenors.
Is Kredivo cheaper than SPayLater?
It depends on the plan. Kredivo’s pay-in-30 is 0% interest with no admin fee, which beats most SPayLater terms. On longer tenors, SPayLater caps the maximum APR at 36% versus Kredivo’s 41.51%, so SPayLater can be cheaper for multi-month plans on selected merchants.
Can users have both Kredivo and a Kredivo alternative?
Yes. Each paylater app runs a separate credit line, so users can keep Kredivo and apply for Akulaku, Indodana, Atome, or SPayLater alongside. Coordinate due dates carefully when stacking plans, since OJK supervises lender behavior but expects borrowers to stay solvent across providers.
Are Kredivo alternatives regulated?
Yes. Akulaku, Indodana, Atome, Honest, GoPay’s paylater and loan products, and Kredit Pintar are all licensed and supervised by the Financial Services Authority (OJK). Pricing, fees, APRs, and late charges are disclosed at sign-up per OJK rules.
What is the cheapest Kredivo alternative for paylater?
For purchase-based paylater, Kredivo’s pay-in-30 at 0% and Atome’s pay-in-3 at 0% on selected merchants are the cheapest options when paid on schedule. ShopeePay’s 0% SPayLater terms also reach 0% on selected installment plans. Past the promotional terms, all three apps charge interest disclosed in-app.
