Date of article publication: June 2023

The Ultimate Guide to Payment Systems in Bangladesh: A Comparative Analysis of the Top Payment Operators

Payment Systems in Bangladesh

In the era of digitalization, payment systems play a crucial role in facilitating secure and convenient transactions. Bangladesh has witnessed significant advancements in its payment landscape, with numerous operators offering diverse solutions. In this comprehensive guide, we will explore the payment systems in Bangladesh, highlighting the top operators and conducting a comparative analysis of their features, advantages, and limitations. We will also address frequently asked questions to provide you with a well-rounded understanding of the payment ecosystem in Bangladesh.

Payment Gateway Bangladesh: Empowering E-commerce

Payment gateways serve as a bridge between customers, merchants, and banks, ensuring seamless and secure online transactions. Bangladesh boasts several prominent payment gateways, including SSLCOMMERZ, ShurjoPay, AamarPay, PortWallet, and Paddle. These gateways offer integration with popular e-commerce platforms and a range of features such as multiple payment methods, fraud protection, and customizable checkout options. However, it’s important to consider factors like transaction fees, customer support, and compatibility with your business requirements when selecting a payment gateway.

bKash Bangladesh: The Pioneer of Mobile Financial Services

bKash has emerged as a game-changer in the mobile financial services sector in Bangladesh. With its vast agent network and user-friendly interface, bKash provides a wide range of services, including fund transfers, bill payments, and online purchases. Its extensive reach, particularly in rural areas, has made it a preferred choice for many. However, bKash has limitations, such as transaction limits, network connectivity issues, and limited international payment options, which may impact certain business requirements.

PayPal Bangladesh: Empowering International Transactions

PayPal, a globally recognized payment platform, has gained traction in Bangladesh for its ability to facilitate international transactions. It offers secure payment solutions, buyer and seller protection, and supports multiple currencies. However, PayPal’s availability in Bangladesh is limited due to regulatory restrictions, and it primarily caters to freelancers and individuals rather than businesses. Additionally, PayPal transactions may incur higher fees and longer processing times compared to local payment solutions.

Nagad Bangladesh: Enabling Financial Inclusion

Nagad, a government-backed digital payment service, focuses on providing financial inclusion to the unbanked population in Bangladesh. It offers services such as money transfer, utility bill payments, and merchant payments. With its wide agent network and simplified registration process, Nagad aims to bring digital financial services to all corners of the country. However, Nagad’s limited third-party integrations and lower acceptance rates in some establishments may pose challenges for certain businesses.

Payza Bangladesh: Facilitating Global Payments

Payza allows individuals and businesses in Bangladesh to send and receive payments globally. It supports multiple currencies and offers features such as fraud prevention, recurring billing, and mass payouts. However, similar to PayPal, Payza’s availability and usage are subject to regulatory constraints, and its user base in Bangladesh may be relatively smaller compared to local alternatives.

SSLCOMMERZ Bangladesh: Customized Solutions for Seamless Payments

SSLCOMMERZ, a leading payment operator in Bangladesh, offers a wide range of customized solutions for businesses. With SSLCOMMERZ, merchants can integrate multiple payment methods, including credit cards, debit cards, mobile banking, and digital wallets. Its robust fraud prevention mechanisms and seamless checkout experience contribute to higher conversion rates. However, SSLCOMMERZ may lack the same level of brand recognition as international payment operators, which could potentially impact customer trust.

AamarPay Bangladesh: Simplifying Payments for Businesses

AamarPay is a local payment operator that has gained popularity due to its ease of integration and user-friendly solutions. It offers a comprehensive suite of payment options, including cards, mobile banking, and digital wallets, ensuring convenience for businesses and customers alike. The simplicity of AamarPay’s setup process and its focus on addressing the specific needs of local businesses contribute to its widespread adoption. However, AamarPay’s limited merchant base and the absence of some advanced features may restrict its suitability for certain businesses with more complex requirements.

ShurjoPay Bangladesh: Integrated Payment Solutions for Diverse Industries

ShurjoPay is renowned for its extensive integration capabilities, allowing businesses to seamlessly incorporate its payment solutions into their websites and applications. It supports various payment methods, including cards, mobile banking, and digital wallets, facilitating a convenient payment experience for customers. ShurjoPay’s widespread adoption across diverse industries, including e-commerce, education, and government services, highlights its versatility. However, customer support responsiveness could be improved to ensure prompt issue resolution.

PortWallet Bangladesh: Multiple Payment Methods for Enhanced Flexibility

PortWallet offers a wide range of payment methods, providing flexibility for both businesses and customers. It supports cards, mobile banking, digital wallets, and even cash-on-delivery options. PortWallet’s compatibility with major e-commerce platforms and its commitment to data security make it a reliable payment operator. However, the transaction fees associated with PortWallet may be higher compared to some of its competitors, which could impact cost-conscious businesses.

Paddle Bangladesh: User-Friendly Interface and Seamless Integration

Paddle boasts a user-friendly interface that simplifies the payment experience for both merchants and customers. It offers robust features such as recurring billing, subscription management, and fraud prevention, making it an ideal choice for subscription-based businesses. Paddle’s seamless integration with popular e-commerce platforms ensures a hassle-free setup process. However, Paddle’s availability and usage may be limited to certain industries, and it may not be suitable for businesses with unique payment requirements.

Payoneer Bangladesh: Enabling Global Payments and Cross-Border Commerce

Payoneer facilitates secure cross-border transactions, enabling businesses and freelancers in Bangladesh to receive payments from international clients. Its features, such as multi-currency accounts, swift transfers, and global payment options, position it as a preferred choice for those engaged in global commerce. However, Payoneer’s availability and usage may require adherence to specific terms and conditions, and some services may be subject to transaction fees.

Comparing the Top 3 Payment Operators in Bangladesh: SSLCOMMERZ, Payza, and Payoneer

online payment gateway bangladesh


  1. SSLCOMMERZ Bangladesh: Customized Solutions and Wide Range of Payment Options SSLCOMMERZ stands out for its ability to provide customized payment solutions tailored to the needs of businesses in Bangladesh. One of its notable strengths is the wide range of payment options it offers, including credit cards, debit cards, mobile banking, and digital wallets. This versatility ensures a convenient and seamless payment experience for customers. SSLCOMMERZ is also known for its robust fraud prevention mechanisms, enhancing transaction security.
  2. Payza Bangladesh: Facilitation of Global Transactions and User-Friendly Interface Payza is recognized for its ability to facilitate global transactions, enabling businesses and individuals in Bangladesh to engage in cross-border commerce with ease. Its user-friendly interface simplifies the payment process, making it easy for users to navigate and complete transactions. Additionally, Payza offers buyer protection measures, instilling confidence in users when making online payments.

  3. Payoneer Bangladesh: Enabling Global Payments and Supporting Multiple Currencies Payoneer has gained popularity for its seamless global payment capabilities, allowing businesses and freelancers in Bangladesh to receive payments from international clients. Payoneer supports multiple currencies, making it convenient for cross-border transactions. Moreover, Payoneer offers additional services such as multi-currency accounts and swift transfers, catering to the specific needs of businesses engaged in global commerce.    Disadvantages

  1. SSLCOMMERZ Bangladesh: Limited Brand Recognition While SSLCOMMERZ offers customized solutions and a wide range of payment options, one of its notable drawbacks is its relatively limited brand recognition compared to international payment operators. This may pose a challenge when establishing trust with customers who are more familiar with renowned global brands. However, SSLCOMMERZ compensates for this limitation by focusing on providing exceptional service tailored to the local market.

  2. Payza Bangladesh: Regulatory Constraints and Limited Availability Payza’s primary disadvantage lies in the regulatory constraints it faces in Bangladesh. These constraints can limit the availability and usage of Payza within certain sectors and regions. It’s essential for businesses and individuals to verify whether Payza is widely accepted and supported within their specific industry or geographic area before fully relying on it as a payment solution. Despite this, Payza’s global transaction facilitation and user-friendly interface remain significant advantages.

  3. Payoneer Bangladesh: Specific Terms and Conditions and Transaction Fees While Payoneer enables global payments and supports multiple currencies, it is crucial to consider the specific terms and conditions associated with its services. Payoneer operates on its own set of rules, which may include transaction fees and other charges that users must navigate. It’s important for users to thoroughly review and understand these terms to avoid any unexpected costs. However, for businesses engaged in international transactions, Payoneer’s additional services, such as multi-currency accounts and swift transfers, can outweigh these disadvantages.


It depends on your specific requirements. Consider factors like transaction fees, customer support, integration options, and the target customer base when making your decision. SSLCOMMERZ and ShurjoPay are popular choices due to their extensive features and broad integration capabilities.

No, bKash primarily focuses on domestic transactions within Bangladesh. For international transactions, consider platforms like PayPal or Payoneer.

Yes, PayPal imposes certain transaction limits, which may vary based on your account type and verification status. It’s recommended to check PayPal’s website or consult their customer support for the most up-to-date information.

Nagad can be used for online purchases on selected platforms and merchants. However, its acceptance may vary, and it’s advisable to confirm the availability of Nagad as a payment option before making a purchase.

 The Bangladesh government has introduced online payment systems for passport fees. You can visit the designated government website and follow the instructions to make the payment online securely.

Electronic Funds Transfer (EFT) allows individuals and businesses to transfer funds electronically between bank accounts. EFT payment is widely used for various purposes, including salary disbursements, vendor payments, and utility bill payments.

PortWallet and Paddle are known for their wide range of payment methods, including credit cards, mobile banking, and digital wallets.

Yes, ShurjoPay provides easy integration options for websites, enabling businesses to seamlessly integrate their payment gateway and facilitate online transactions.

AamarPay charges transaction fees based on the volume and nature of transactions. It’s recommended to consult AamarPay’s pricing information or contact their support team for detailed fee structures.

Yes, Payza allows you to receive payments from international clients. It supports multiple currencies, making it suitable for businesses with global clientele.

Respectfully, Ibrahim Kahari, the author of this article and an avid player.

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