Finding a suitable payment gateway in Sri Lanka for a website is challenging for local entrepreneurs. Most of them give up and some of them jump through all regulations. This article aims to assist you to get an internet payment gateway for your business.
If you have a website or mobile app, and if you looking to expand your Instagram or Facebook shopping experience as a custom-made website or a mobile app, you can find many free options or paid custom design services in Sri Lanka. Aside from web or mobile app design, you will need a payment gateway partner to handle your website sales transactions. Most of the small-scale business owners, who do their business online, don't have a Business registration. Most of the time Sri Lankan banks and internet payment gateway service providers in Sri Lanka are actively looking for business registration of any sort(registered as a limited liability company or Sole Proprietorship registration). Even though getting a business registered for business work is highly recommended, most startup businesses do not have enough capital to invest in their business registration therefore most of the budding entrepreneurs have step down their effort on making a website or an app for doing business online.
But now there is a way to get an internet payment gateway(IPG) for your business even if you don't have a business registration at this initial stage of your online business. Here are some internet payment gateway providers, which offers their services without a business registration.
OnePay Payment Gateway - onepay.lk
Document Requirements
- NIC
- Facebook Page/Website
- Professional/Academic Certificate
Pros
- Payment Links
- Lanka QR
- Web Application
- Mobile Application [iOS/Huawei/Android]
- Minimum Setup Fee [Rs 1500/]
- Free Plan for Small Businesses [No Monthly Fee]
- Plugin(s) Available for WordPress
Cons
- Checkout page UI is not user friendly and not optimized for mobile devices
- 3 Days for Settlements
- Lot of information to be filled in when creating Payment links
- Commission Rate 2.5%
- No Static QR [Only Dynamic QR]
- Free Plan Transaction limit per Transaction Rs 50,000/=
- Free Plan Transaction limit per Month Rs 100,000/=
Ipay Merchant by LOLC - ipay.lk/merchant
Document Requirement
- NIC
- LOLC Merchant Savings Account needs to be create
- Facebook Page/Website
Pros
- Payment Links
- Lanka QR [Dyanamic and Statics]
- LankaQR Settlement on Real-Time
- Web Application
- Mobile Application[ios/Huawei/Android]
- No Setup Fee
- No Monthly Fee
- Daily Settlements
- Plugins Available
Cons
- Web UI is not user friendly
- Commission Rate 2.5%
- LOLC Merchant Savings Account need to be create
Genie Business by Dialog - genie.lk/genie-business
Document Requirement
- NIC
- Facebook Page/Website
Pros
- Self onboarding Merchants
- Payment Links
- Lanka QR [Statics]
- Web Application
- Mobile Application[iOS/Huawei/Android]
- No Setup Fee
- No Monthly Fee
- No Transaction Limit per Transaction and for the Month
- Daily Settlements
- E-Store
- Checkout page Customization
- Tax Handling / Transaction fee Handling
- Branding Handling
- Refunds handling
- Order Management
- Web hooks and API
- Plugins Available
Cons
- Commission Rate 2.5%
- Customer Support is slow