Finding a suitable payment gateway in Bangladesh is like expecting good customer care.
And that is an understatement.
There are about 80 lakhs of small and medium businesses in Bangladesh. And they would massively benefit from suitable payment gateways. That’s why we have taken it upon our tiny shoulders to collect information about the best 5 payment gateways in BD.
Just get your coffee or tea and enjoy the ride.
The 5 best examples
Here are the five payment gateways for Bangladeshi merchants that we have shortlisted:
Per-transaction fee SSLCOMMERZ offers three solutions to merchants.
- 2SELL (for selling any item online)
- 2SUBSCRIBE (for receiving recurring subscription fees)
- 2MONETIZE (for selling digital goods)
The per-transaction fees of the three solutions above are:
- 2SELL—3.5% + $0.35/successful sale
- 2SUBSCRIBE—4.5% + $.45/successful sale
- 2MONETIZE—6.0% + $0.60/successful sale For detailed features have a look at the image below.
You can view these plans by visiting the 2checkout pricing page as well.
Setup fee: 2checkout has no setup fee which delighted our hearts.
Accepted payment methods: 2checkout lets you accept payments from all VISA, MasterCard, AMEX cards.
This is great for small and medium businesses who want to sell online in Bangladesh since there are over 2 crore and 20 lakhs credit, debit, and prepaid card users.
Rating: 2checkout has received 4.0/5.0 based on 136 reviews (based on g2 review data) The following is a breakdown of its review.
Payout methods and frequency:
2checkout pays merchants in 3 ways.
Those are: ·
Wire transfer from your 2checkout account to your bank account takes about 2-5 days. There is a $15 fee for every transfer.
If you have a PayPal account, you can transfer money from your 2checkout account there. The transfer happens instantly with no fees.
2checkout MasterCard (powered by Payoneer)
You can register for a Payoneer card from your 2checkout merchant dashboard. Transfer money from your 2checkout account to this card takes 1 business day with no fee.
The payout frequency of 2checkout is weekly, bi-weekly and monthly.
You can find more here.
Integration resource: You can find the API resources for integration here 2checkout API integration resource
Setup and Per-transaction fee SSLCOMMERZ has a setup fee of BDT 15,000.
For every VISA and MasterCard transaction, it charges 2.5% of the transaction amount.
For online banking and other cards, its per-transaction fee varies from 2%-4%.
If you are a merchant, do have a look at its.
Accepted payment methods: SSLCOMMERZ lets you accept payments from all VISA, MasterCard, AMEX cards.
Rating: We didn’t find any reviews or ratings of SSLCOMMERZ unfortunately.
Integration resource: You can find the API resources for integration here:
Setup and Per-transaction fee. AamarPay has 4 pricing plans.
Aamar Education: It has a one-time non-refundable setup fee of BDT 4,999. ·
Aamar B2B: The one-time non-refundable setup fee of this plan is BDT 6,999.
Aamar Enterprise: This plan has a higher one-time non-refundable setup fee of BDT 10,999.
Aamar Corporate This has the highest one-time non-refundable setup fee of BDT 15,999.
For more details about these plans, have a look at the image below.
You can view these plans by visiting the AamarPay pricing plans page.
Accepted payment methods: AamarPay, like SSLCOMMERZ, lets you accept payments from all VISA, MasterCard, AMEX, and Discover cards.
Furthermore, it lets you collect payments from BKash, DBBL, Nogod, Rocket, and ONE bank wallet.
Rating: The AamarPay android app for online shoppers has a rating of 4.96/5.0 based on 14 reviews.
The AamarPay Merchant app has no reviews yet.
Integration resource: You can find the API resources for integration here: AamarPay API integration resource
Setup and Per-transaction fee There is no setup fee for authorize.net which we found surprising. This is good news for Bangladeshi e-commerce merchants.
It offers 3 pricing plans with their separate per-transaction fees.
All-in-one option: It has a monthly gateway fee of $25. For every transaction, it charges 2.9% + $0.30 ·
only Like the one above, it has a monthly gateway fee of $25. For every transaction, there is a ·
Enterprise solutions: This plan is for those who process more than $500K every year. You will be able to negotiate pricing under this plan.
You can view more details of these plans by visiting the Authorize.net pricing plans page.
Accepted payment methods: Authorize.net, being an international entity, lets you accept payments from all credit and debit cards including VISA, MasterCard, AMEX, Discover, JCB, PayPal, Apple Pay, and many more.
Rating: Authorize.net has received a 4.0/5.0 based on 105 reviews (based on g2.com data). If you want a little more detailed review, then have a look at the image below.
Integration resource: You can find the API resources for integration here: Authorize.net API integration resource
Setup and Per-transaction fee: ShurjoPay offers you 2 pricing plans with the same setup fees but different per-transaction fees.
The plans are-
Corporate: For local/international VISA, MasterCard, and Nexus cards, the per-transaction fee is 2.5%. For American Express cards, this rises to 3.5%. For mobile wallets, this fee is 2.0%. ·
Education: For local/international VISA, MasterCard and cards, the per-transaction fee is 1.50%. For American Express cards and mobile wallets, it is 1.50% as well.
You can view the other features of these plans in the image below.
Accepted payment methods: ShurjoPay lets merchants in Bangladesh accept payments from VISA, American Express, MasterCard, DBBL Nexus, EBL SkyPay, Islami Bank Bangladesh online banking, Q Cash, Nogod, Rocket, M Cash, UPay, and City bank online banking platform.
Rating: We couldn’t find any rating for ShurjoPay online.
Integration resource: To get the integration API of ShurjoPay, you have to fill out a form.
You can find the form here: https://shurjopay.com.bd/be-a-merchant/
Let’s have a recap of the 5 payment gateways for Bangladeshi merchants.
In Bangladesh, the payment gateway arena has huge room for growth and improvement. However, it is changing thanks to the boost in online banking customers. Over the next ten years, more players will likely enter the game. So, tell us. What do you sell online? And how do you accept payments?