In the fast-evolving world of e-commerce, the need for reliable online payment gateways has become paramount. These gateways offer a convenient, efficient, and speedy way for businesses to receive payments. In Bangladesh, where the e-commerce sector is experiencing rapid growth, having a secure payment gateway is essential. In this article, we will introduce you to the top 10 online payment gateways in Bangladesh. Well, Now Here’s a table presenting the data for the top 10 online payment gateways in Bangladesh:
Payment Gateways | Setup Fee | Annual Fee | Commission Per Transaction | Fraud and Risk Management |
---|---|---|---|---|
SSLCOMMERZ | BDT 15,000 | Free | 2.5% | Yes |
ShurjoPay | Corporate: BDT 10,000, Education: BDT 5,000 | Free | 2.5% | Yes |
AamarPay | BDT 4,000-15,000 | Free | 2.5%-3.25% | Yes |
PortWallet | Starter: BDT 5,000, Business: BDT 20,000 | Business: BDT 24,000 | Starter: 3.8% + BDT 2, Business: 3.5% + BDT 1 | Yes |
2Checkout | Free | Free | 3.9% + $0.45 | Yes |
FastSpring | Free | Free | 8.9% + $0.75 or 5.9% + $0.95 | Yes |
Easy Pay Way | BDT 5,000-20,000 | Basic: Free, Starter: BDT 500, Professional: BDT 2,000, Corporate: BDT 2,500 | Basic: 6.5%, Starter: 5%, Professional: 3.90%, Corporate: Agreed upon | Yes |
Authorize.net | Free | $25 per month | Per Transaction 10 cents, Daily batch fee 10 cents | Yes |
Paddle | Free | Free | 1.6% | Yes |
Payoneer | Free | $29.95/year (if you take a MasterCard, otherwise there is no annual charge) | $3 per transaction | Yes |
You Must Know: How To Transfer Money From PayPal To bKash?
The Top 10 Online Payment Gateways in Bangladesh
“The Top 10 Online Payment Gateways in Bangladesh” showcases the leading digital payment solutions in a rapidly evolving e-commerce landscape. From SSLCOMMERZ to Payoneer, this list highlights secure, efficient, and cost-effective platforms driving financial transactions, fostering economic growth, and meeting the demands of Bangladesh’s expanding digital marketplace. The number of online shoppers in Bangladesh is growing rapidly, and with that comes the need for reliable and secure online payment gateways. Here are the top 10 online payment gateways in Bangladesh:
1. SSLCOMMERZ
SSLCOMMERZ is the most popular and leading online payment gateway in Bangladesh. It is a PCI DSS Level 1 compliant gateway, which means it has the highest level of security. SSLCOMMERZ accepts a variety of payment methods, including credit cards, debit cards, bKash, Rocket, and Nagad. It also offers fraud and risk management features to protect businesses from fraud.
- Setup Fee: BDT 15,000
- Annual Fee: Free
- Commission per Transaction: 2.5%
- Fraud and Risk Management: Yes
SSLCOMMERZ stands out as the most popular and leading online payment gateway in Bangladesh. It has earned recognition from Bangladesh Bank for its exceptional performance and reliability. SSLCOMMERZ boasts a strong privacy policy, collecting only user-provided information, and adheres to DSS PCI compliance standards. To utilize this gateway, a VAT/TIN is required.
2. ShurjoPay
ShurjoPay is another popular online payment gateway in Bangladesh. It is also a PCI DSS Level 1 compliant gateway and accepts a variety of payment methods. ShurjoPay offers a variety of features, including recurring billing, offline payments, and mobile payments.
- Setup Fee: Corporate: BDT 10,000, Education: BDT 5,000
- Annual Fee: Free
- Commission per Transaction: 2.5%
- Fraud and Risk Management: Yes
ShurjoPay is another widely recognized online payment gateway in Bangladesh, holding a PSO license from Bangladesh Bank. It caters to both business merchants and consumers, offering a universal payment solution. ShurjoPay’s privacy policy emphasizes proper verification, validation, and strong security measures. Users need a VAT or Tax Identification Number (TIN) and National ID for registration.
3. AamarPay
AamarPay is a fast-growing online payment gateway in Bangladesh. It is a PCI DSS Level 2 compliant gateway and accepts a variety of payment methods. AamarPay offers a low-cost option for businesses, with no setup fee and a low transaction fee.
- Setup Fee: BDT 4,000-15,000
- Annual Fee: Free
- Commission per Transaction: 2.5%-3.25%
- Fraud and Risk Management: Yes
AamarPay is a swift and secure online payment gateway in Bangladesh, known for its low fees. It prioritizes fast checkout, a highly sought-after feature for online payments. Security is a top concern, with three layers of protection and instant payment notifications. Registration requires a Tax Identification Number and Passport/National ID.
4. PortWallet
PortWallet is a newer online payment gateway in Bangladesh. It is a PCI DSS Level 1 compliant gateway and accepts a variety of payment methods. PortWallet offers a variety of features, including instant payments and payment tracking.
- Setup Fee: Starter: BDT 5,000, Business: BDT 20,000
- Annual Fee: Business: BDT 24,000
- Commission per Transaction: Starter: 3.8% + BDT 2, Business: 3.5% + BDT 1
- Fraud and Risk Management: Yes
PortWallet is an advanced and user-friendly online payment gateway in Bangladesh, renowned for its connectivity solutions and API system. It emphasizes instant notifications, a 3D security system, and robust PCI DSS-compliant security measures. Registration requires a TIN/VAT.
5. 2Checkout
2Checkout is an international payment gateway that can be used in Bangladesh. It is a PCI DSS Level 1 compliant gateway and accepts a variety of payment methods, including credit cards, debit cards, and PayPal. 2Checkout offers a variety of features, including recurring billing and international payments.
- Setup Fee: Free
- Annual Fee: Free
- Commission per Transaction: 3.9% + $0.45
- Fraud and Risk Management: Yes
2Checkout is an internationally recognized payment gateway suitable for use in Bangladesh. It provides a convenient platform for global payments, allowing businesses to transact with foreign customers effortlessly. To utilize 2Checkout, a trade license and Tax/VAT Identification Number are required.
6. FastSpring
FastSpring is an online payment gateway for software and SaaS businesses. It is a PCI DSS Level 1 compliant gateway and accepts a variety of payment methods, including credit cards, debit cards, and PayPal. FastSpring offers a variety of features, including recurring billing and subscription management.
- Setup Fee: Free
- Annual Fee: Free
- Commission per Transaction: 8.9% + $0.75 or 5.9% + $0.95
- Fraud and Risk Management: Yes
FastSpring offers a seamless online payment experience in Bangladesh. It is known for its feature-rich platform and supports SaaS and software, helping businesses increase their revenue. Personal data is encrypted, and the platform adheres to the Privacy Shield framework. Registration may require a driving license, GST, VAT, or Tax exemption number.
7. Easy Pay Way
Easy Pay Way is an online payment gateway that is focused on providing a secure and convenient payment experience for businesses and consumers. It is a PCI DSS Level 1 compliant gateway and accepts a variety of payment methods, including credit cards, debit cards, and bKash. Easy Pay Way offers a variety of features, including instant payments and payment tracking.
- Setup Fee: BDT 5,000-20,000
- Annual Fee: Basic: Free, Starter: BDT 500, Professional: BDT 2,000, Corporate: BDT 2,500
- Commission per Transaction: Basic: 6.5%, Starter: 5%, Professional: 3.90%, Corporate: Agreed upon
- Fraud and Risk Management: Yes
Easy Pay Way is a fantastic online payment gateway offering secure, hassle-free, and time-saving payment options. It ensures user data is collected for internal use only and may be shared with 3rd parties under strict safety measures. Users need a trade license and Tax Identification Number for registration.
8. Authorize.net
Authorize.net is a leading online payment gateway that is used by businesses of all sizes. It is a PCI DSS Level 1 compliant gateway and accepts a variety of payment methods, including credit cards, debit cards, and PayPal. Authorize.net offers a variety of features, including fraud protection and recurring billing.
- Setup Fee: Free
- Annual Fee: $25 per month
- Commission per Transaction: 10 cents, Daily batch fee: 10 cents
- Fraud and Risk Management: Yes
Authorize.net is a remarkable and leading online payment gateway with a strong focus on privacy and data protection. It offers a smooth and enjoyable online payment experience, prioritizing PCI DSS compliance and data security. Registration requires order and payment information, contact information, and consumer names.
9. Paddle
Paddle is a newer online payment gateway that is gaining popularity. It is a PCI DSS Level 1 compliant gateway and accepts a variety of payment methods, including credit cards, debit cards, and PayPal. Paddle offers a low-cost option for businesses, with no setup fee and a low transaction fee.
- Setup Fee: Free
- Annual Fee: Free
- Commission per Transaction: 1.6%
- Fraud and Risk Management: Yes
Paddle is another popular online gateway in Bangladesh, known for its low-cost advantage. While there may be a signup charge, there are no monthly or yearly fees. Paddle’s privacy policy emphasizes the integrity, safety, and confidentiality of personal information. Users need a trade license and VAT/Sales Tax codes.
10. Payoneer
Payoneer is an online payment gateway that is popular among freelancers and businesses that do international transactions. It is a PCI DSS Level 1 compliant gateway and accepts a variety of payment methods, including credit cards, debit cards, and PayPal. Payoneer offers a variety of features, including international payments and currency exchange.
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- Setup Fee: Free
- Annual Fee: $29.95/year (if a MasterCard is taken, no annual charge otherwise)
- Commission per Transaction: $3 per transaction
- Fraud and Risk Management: Yes
Top 10 Payment Gateways In Bangladesh
There are many payment gateways available in Bangladesh, but the top 10 include SSLCOMMERZ, ShurjoPay, AamarPay, PortWallet, 2Checkout, FastSpring, Easy Pay Way, Authorize.net, Paddle, and Payoneer. These gateways offer a variety of features and services, so it is important to choose the one that best meets your needs.
However, factors to consider when choosing a payment gateway:
- The types of payment methods you want to accept
- The fees charged by the gateway
- The level of security offered
- The customer support available
Top 10 Payment Gateways in Bangladesh” highlights the leading digital payment solutions powering the country’s growing e-commerce sector. From SSLCOMMERZ to Payoneer, this list showcases secure, efficient, and diverse platforms fueling financial transactions and supporting businesses in Bangladesh’s expanding digital economy.
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SSLCOMMERZ: A leading payment gateway known for its reliability and security, widely used by businesses in Bangladesh.
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ShurjoPay: Offers a versatile payment solution and is favored for its strong privacy policies and low rates.
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AamarPay: Known for its speed and security, AamarPay offers fast checkouts and competitive fees.
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PortWallet: An advanced payment gateway with a focus on connectivity solutions and robust security.
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2Checkout: An international payment gateway that facilitates global transactions for businesses in Bangladesh.
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FastSpring: Known for its smooth payment experience and support for SaaS and software transactions.
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Easy Pay Way: Offers a secure and hassle-free payment experience, catering to various business needs.
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Authorize.net: Renowned for its data protection and smooth online payment experience.
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Paddle: Popular for its cost-effectiveness and low-cost advantages.
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Payoneer: Widely used by freelancers in Bangladesh for its affordability and reliability.
Please note that the payment gateway landscape can change over time, so it’s essential to verify the current top options and their features when making a choice.
Good To Know: How to Send Money From Bangladesh to India by bKash?
FAQs on Online Payment Gateways in Bangladesh
Q: Which payment gateway is best in Bangladesh?
A: The choice of the best payment gateway in Bangladesh depends on individual business needs. SSLCOMMERZ and ShurjoPay are often considered top options due to their popularity and reliability. However, the best choice may vary based on factors like transaction volume and specific features required.
Q: Which payment option is popular in Bangladesh?
A: In Bangladesh, various payment options are popular. These include credit and debit cards, mobile banking services like bKash and Nagad, and online bank transfers. Additionally, digital wallets like Rocket and SureCash have gained popularity for online transactions.
Q: Which online payment method is available in Bangladesh?
A: Bangladesh offers a range of online payment methods, including credit/debit cards, mobile banking, direct bank transfers, and digital wallets. Major banks also provide internet banking facilities, further expanding the options for online payments.
Q: What is the alternative to PayPal in Bangladesh?
A: PayPal is not widely available in Bangladesh. Instead, online payment gateways like SSLCOMMERZ, ShurjoPay, and AamarPay serve as alternatives, allowing businesses and individuals to make and receive payments securely within the country and globally. Well, PayPal alternative many payments method available in Bangladesh.
Final Words:
Hope to understand all about details of The Top 10 Online Payment Gateways in Bangladesh. We know the number of internet users continues to rise and e-commerce businesses flourish in Bangladesh, the importance of online payment gateways cannot be overstated. These gateways enable cross-border payments and provide a secure and efficient way for businesses to transact online. We hope this article has helped you discover the best-suited payment gateway for your needs. Please note that the setup fees, annual fees, and commission rates may vary over time, so it’s essential to verify the current rates with your prospective payment gateway provider.
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