Best 12 Online Payment Gateways in Bangladesh

Payment gateways are crucial in transferring money smoothly from customer to merchant account and protecting their clients from fraud. Many Fintech companies offer payment gateway services in Bangladesh. Users and organizations may compare these firms to choose the best payment option. In recent years, Bangladesh saw the emergence of several online payment gateways. In this post, we’ll discuss the best 12 online payment gateways in Bangladesh among them.

In recent years, Bangladesh has experienced tremendous growth and economic development. The purchasing power of Bangladeshi citizens is increasing, which has also increased the demand for goods at retail stores. Online payment gateways were implemented in Bangladesh to facilitate commerce. They are currently succeeding greatly in the commercial world. A feature like an online payment getaway is truly a blessing that is making things easier as internet business is increasing.

Best Online Payment Gateways in Bangladesh

According to our research, the online payment gateways listed below are the most dependable, and all the required information about them is provided below:

SSLCOMMERZ

SSLCOMMERZ, which was established in 2010, is the oldest and most prominent digital payment gateway in Bangladesh. It has been a market leader since its inception. Bangladesh Bank gave it the Gold Medal for outstanding performance and reliability.

Fees:

• Step Fee: 15000 BDT
• Visa and MasterCard Transactions: 5 % Commission
• Internet and mobile banking: 2% to 4%

Requirements:

• VAT certificate
• Certificate of TIN

Supported Currencies:

• BDT, EUR. GBP. AUD. USD. CAD

Payment Options:

• Visa, MasterCard, and Mutual Trust Bank Net Banking. DBBL NEXUS Cards. Islamic Bank Net Banking. Bank Asia Net Banking. City Bank/ Amex.

Privacy Policy:

• Compliance with PCI and DSS
• Only the user can provide any information.

Refund Policy:

• There are no refund fees
• Within 5-7 working days, refunds will be issued

PortWallet

PortWallet is the fastest and most efficient payment gateway in Bangladesh. PortWallet has an integrated API system and internal processing options.

Fees:

• For starters, the setup fee is BDT 55,000 and for businesses BDT 20,000.
• Businesses receive BDT 24,000 annually
• For starters, credit/debit card fees are 3.8% + BDT 2, and for businesses 3.5% + BDT 1.
• Starter charges: 3% + BDT 2, for businesses 2.5% + BDT 1.

Requirements:

• TIN Certificate
• VAT Certificate

Supported Currencies:

• Multi-currency support

Payment Options:

• Visa, MasterCard, and bKash are all accepted. Nexus is not accepted.

Privacy Policy

• Compliance with PCI and DSS
• Instant notifications and 3rd-tier security

Refund Policy

• No extra charges for refunds

Aamarpay

Aamarpay offers fast, safe, and secure payment solutions. They are highly regarded by merchants for their low fees and speedy checkouts. They are a trusted platform in Bangladesh. A host of APIs makes transactions safer and more secure.

There are four plans available: Aamar SME , Aamar B2B , Aamar Enterprise and Aamar Corporate.

Fees:

• There are four types of plans available, ranging in price from BDT 4,000 up to BDT 15,000
• There are no annual fees
• Visa and Mastercard: Commissions from 55% to 3.25%
• Mobile payments like Rocket and bKash can be charged a 2% to 8% commission

Requirements:

• Passport or National ID
• TIN Certificate

Payment Options:

• bKash and Rocket, SureCash and MasterCard, qCashu and UnionPay, Visa and MasterCard, bKash and Rocket, SureCash and MasterCard, bKash and Rocket, SureCash and MasterCard, qCashu and UnionPay, and Amex

Privacy Policy:

• Instant notification upon payment
• There are three layers of security
• They place high importance on protecting your information

Refund Policy:

• Rapid resolution of disputes and quick return of money
• Returns are free

ShurjoPay

ShurjoPay is another popular payment gateway for Bangladesh. They were the first to be granted a PSO license by Bangladesh Bank. They are loved by both merchants and customers. They charge a higher sign-up fee than other providers, but there are no annual maintenance fees.

Fees:

• Corporate customers pay BDT 10,000 for the sign-up fee and BDT 10,000 for the integration fee
• For customers in the Education Industry, the sign-up fee is BDT 10,000 and the integration fee is BDT 5,000
• There are no annual or monthly fees
• Visa and Mastercard charges: Corporate customers pay 2.5% and the Education industry pays 1.5%
• American Express charges: Corporate customers pay 3.5% and Education industry members pay 1.5%
• Charges for mobile wallets (bKash Rocket, Rocket): Corporate customers pay 2.5%, while the Education sector pays 1.5%

Requirements:

• National ID
• TIN Certificate or VAT certificate

Supported Currencies

• All currencies

Privacy Policy

• All customer data is protected and shared with no third parties.
• Transactions require proper verification and validation

Refund Policy

• Before being reimbursed, customers must provide proof.

Easy Pay Way

Easy Pay Way is one the most flexible and secure payment gateways in Bangladesh. There are four basic plans: Basic, Starter,  Corporate and Professional. The commission rate depends on how many transactions you make.

Fees:

• Setup fee: Basic BDT 5,000; Starter BDT 10,000; Professional BDT 18,000; Corporate BDT 24,000
• Annual Fees: Basic does not have any yearly fees. Starter BDT 500, Professional DT 2,000, and Corporate BDT 2500.
• Transaction commissions: Basic 6.5%; Starter 5%; Professional 3.9%. You can request a quote from the corporate.

Requirements:

• TIN Certificate
• Trade License

Privacy Policy:

• They may give your information to third parties but it is done with safety and proper vetting.

Refund Policy:

• Although the refund will be initiated as soon as you select the refund option, it may take several business days for reconciliation.

Paddle

Paddle is a well-known payment gateway that works both locally and internationally. They work exclusively with SaaS and have clients with both B2B as well as B2C. This makes them a major player. This platform has no monthly fees or sign-up fees.

Fees:

• There are no sign-up fees
• There are no monthly fees
• After discussion, commissions per transaction may be determined

Requirements:

• VAT Certificate or Sales Tax Certificate
• Trade License

Privacy Policy:

• They take customer data security very seriously and consider it a top priority.

Refund Policy:

• They have a strict refund policy and require proof to initiate refunds.

Payoneer

Payoneer, an online payment gateway that is reliable and cheap, is available in more than 200 countries. This payment gateway is especially popular with freelancers from Bangladesh. To receive remittances, you can link Payoneer with bKash.

Fees:

• Transaction fees of 3% will be charged
• You will be charged $29.95 if your account remains inactive for more than 12 months.

Privacy Policy:

• Passwords can be encrypted
• All user data are encrypted
• Secure Firewalls

Requirements:

• Passport/National Identity Card

Refund Policy:

• Standard refund policy

Fast Spring

Fast Spring is a reliable payment gateway, especially for international transactions. This payment gateway is ideal for businesses that deal with foreign clients.

Fast Spring has no long-term contracts. This is one of the greatest things about it. Fast Spring is perfect for eCommerce, and has allowed SaaS companies to increase their revenues by 30%.

Fees:

• There are no sign-up fees or contracts
• 9.5% per transaction, or 5.9% + $.95

Requirements:

• GST/ VAT Certificate/ Tax Exemption No/ Driving License

Privacy Policy:

• When transferring personal information, they use the EU-US Privacy Shield Framework.
• They can encrypt your data.

Refund Policy:

• After investigating the problem and resolving it, the refund process is initiated
• Refund fees are $5.00

Authorize.net

Authorize.net is a leading payment gateway in Bangladesh. They are a Visa subsidiary. Their strict privacy and security policies make them popular. They offer a smooth and enjoyable online payment experience.

Fees:

• Setup fees are free
• $25 per month
• $0.1 per transaction
• $0.1 per Day Batch Fee

Privacy Policy:

• Compliance with PCI and DSS
• Standard Data Security
• Privacy of Personal Data

Requirements:

• Information about Orders and Payments

Refund Policy:

• Standard refund policy

2Checkout

2Checkout provides many options for businesses and is one of the most popular payment gateways in the nation. They offer seamless global transactions which can help businesses generate high revenues. There is no annual or sign-up fee required for their surfaces.

Fees:

• There are no annual or setup fees
• The commission per transaction: 3.9% +$0.45 & 1.5% cross-borders

Requirements:

• VAT Certificate or TIN Certification
• Trade License

Privacy Policy:

• Privacy shield for EU-US and Swiss-Us
• Partner companies will have access to customer information

Refund Policy:

• Within 30 days of the transaction, refunds will be accepted

Stripe

Stripe is an online payment API that allows for both payment processing and payment gateway. To use their services in Bangladesh, however, you must register as a foreign company.

Fees:

• Credit and debit cards: 9% transaction commission
• International cards and money conversions 1%
• 1% for immediate payments and 3.9% for global sales

Requirements:

• TIN Certificate or Social Security Number
• Trade License

Supported Currencies:

• 135+ currencies

Privacy Policy:

• All customer information is encrypted and not shared with anyone
• Compliance with PCI

Refund Policy:

• Standard Refund Policy

BTTPay

BTTPay offers its services throughout Asia. BTTPay is a pioneer in FinTech, offering payment gateway services to small and large businesses.

Supported Currencies:

• Support for more than 100 currencies

Payment Options:

• All major Credit and Debit Cards
• Integration of Markets
• APIs, Mobile SDK, and Plug-in Integrations

Privacy Security:

• PCI-DSS Level 1

Fees:

• Annual Fee/Setup Charges
• There are no fees
• Commission Fee: 3.8% + $2.00

FAQ

Final words

Payment gateway services are provided in Bangladesh by several Fintech businesses. Users and organizations may contrast these businesses to determine which payment method is better. A number of online payment gateways have appeared in Bangladesh in recent years. We have included all of the important information in this post to assist you in selecting the ideal online payment gateway in Bangladesh.

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