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Title: Xepeng Introduces Crypto-to-Rupiah Settlement Platform for Indonesian Merchants
Bali, Indonesia — BaliCASH proudly introduces XEPENG (xepeng.com), a next generation crypto to Rupiah payment solution that enables Indonesian merchants to accept global crypto payments while receiving smooth and reliable settlements in Rupiah.XEPENG is a payment conversion platform that enables Indonesian merchants to receive Rupiah settlement from international digital payments including Crypto. The platform emphasizes security, verification, and regulatory alignment, allowing merchants to accept global payments without holding or managing digital assets.XEPENG exists to simplify how merchants serve international customers while keeping all merchant settlements in Rupiah,” said Penke Pancapuri, CEO of Xepeng. “Our priority is to deliver a secure process that aligns with local regulatory frameworks and compliance requirements.”Key features of Xepeng’s offering include:Identity verification for buyers and face-to-face verification where appropriate.AML screening for counterparty identity, using broad, authoritative watchlists and media checks.Invoice/booking validation to ensure every conversion corresponds to a legitimate underlying transaction.Rupiah settlement to merchant bank accountsTo support transaction security, Xepeng implements layered verification and monitoring measures. These include identity verification of buyers, validation of transaction purpose, and risk screening against multiple compliance indicators. The platform applies anti-fraud controls to prevent misuse, unauthorized payments, and suspicious transaction patterns.XEPENG does not position itself as a crypto exchange and does not require merchants to hold or manage crypto assets. Instead, the platform acts as a payment facilitator that coordinates verification, conversion, and settlement...
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