iPay
Payment gateways play a critical role in the progressive world of digital commerce. They bridge businesses and clients. lPay payment gateway has become a dependable and effective solution in Sri Lanka. It satisfies the altering needs of online transactions.
lPay is developed with advanced technology and a user-centric approach. It simplifies the payment process and ensures trouble-free integration for businesses of all scales. lPay’s intuitive interface and multilingual backing make it accessible to a diverse customer base. This promotes credence and convenience.
lPay gateway upholds an extensive array of payment variants, in particular, credit and debit cards, mobile wallets, and bank transfers. It is applicable for e-commerce platforms, subscription services, utility bill payments, and other objectives. Its dependable safeness measures and adherence to global standards guarantee shielded and transparent transactions.
| Characteristic | Details |
|---|---|
| Regions | Sri Lanka |
| Getting started | Merchant registration via the official website |
| Setup fee | Absence of setup fee for basic plans; premium plans may vary |
| Annual fee | Absence of annual fee for standard users; charges applicable for advanced services |
| Commission per transaction | Competitive rates (according to agreement) |
| Payment variants accepted | Credit/debit cards (Visa, Mastercard), bank transfers, and mobile payments |
| Fraud & risk governance | Integrated fraud detection and risk governance instruments |
| Accepted currencies | Sri Lankan rupee |
| Set up type | Fully online; lPay gateway API integration available |
| Onboarding & approvals time | 2-5 business days (depending on the verification procedure) |
| Recurring billing | Applicable for subscription-based models |
| Charges on refunds | Minimal handling fees may apply; commission is ordinarily not refunded |
| SDK stacks | Upholds SDKs for iOS, Android, and Web platforms |
| Settlement time | 1-3 business days |
| Payouts support | Direct bank transfers to merchant accounts |
| Split payments | Applicable for multiple beneficiaries in a single transaction |
| RegionsSri Lanka | |
| Getting startedMerchant registration via the official website | |
| Setup feeAbsence of setup fee for basic plans; premium plans may vary | |
| Annual feeAbsence of annual fee for standard users; charges applicable for advanced services | |
| Commission per transactionCompetitive rates (according to agreement) | |
| Payment variants acceptedCredit/debit cards (Visa, Mastercard), bank transfers, and mobile payments | |
| Fraud & risk governanceIntegrated fraud detection and risk governance instruments | |
| Accepted currenciesSri Lankan rupee | |
| Set up typeFully online; lPay gateway API integration available | |
| Onboarding & approvals time2-5 business days (depending on the verification procedure) | |
| Recurring billingApplicable for subscription-based models | |
| Charges on refundsMinimal handling fees may apply; commission is ordinarily not refunded | |
| SDK stacksUpholds SDKs for iOS, Android, and Web platforms | |
| Settlement time1-3 business days | |
| Payouts supportDirect bank transfers to merchant accounts | |
| Split paymentsApplicable for multiple beneficiaries in a single transaction |
Pros
- Upholds multiple modes of payment
- Implements cutting-edge encryption and safeness measures
- Easy integration with websites and mobile applications
- Tailored for the Sri Lankan market
Cons
- Less backing for international payments
- More elevated fees for definite types of transactions
- May not be ideal for large-scale enterprises
Benefits of Employing lPay
The lPay payment gateway is considered a leading digital payment solution in Sri Lanka. It delivers guarded, unhindered, and effective financial transactions. There are definite powerful benefits to employing this innovative platform.
First of all, the lPay gateway ensures high-security standards for online transactions through cutting-edge encryption technologies and fraud prevention measures. This gives confidence to users when they make or obtain payments and diminishes the likelihood of financial threats.
lPay’s intuitive design makes it effortless for businesses and clients to navigate the platform. It proposes multi-language backing (Sinhala, Tamil, and English). lPaygateway suggests mobile-friendly features that allow users to make and receive payments conveniently from smartphones.
Process of Utilizing lPay Gateway
To get started employing the free lPay Payment Gateway takes minimum effort. Here’s a helpful enumeration of steps you need to perform:
- Step 1: Visit the lPay website or mobile app, and register an account by presenting your personal or business details.
- Step 2: Integrate lPay (for business owners). Obtain the API documentation from lPay’s support team. Integrate the payment gateway into your e-commerce website or mobile application with the assistance of developers.
- Step 3: Configure the gateway to accept desired modes of payment.
If you are a conventional client, you should pick lPay as the payment variant during checkout and stick to the on-screen instructions. If you are a merchant, your assignment is to monitor transactions through the lPay dashboard. Utilize the lPaygateway platform to view payment statuses, generate invoices, and download transaction reports.
lPaygateway: Complete Overview
lPay is a trustworthy and guarded payment gateway crafted for businesses and conventional users in Sri Lanka. If you are new to lPaygateway, let’s have a glance at major information about lPay from its safeness to its usefulness for clients.
Safeness
The lPay payment gateway in Sri Lanka ensures safeness through cutting-edge encryption and secure authentication protocols. Its dependable fraud detection system safeguards sensitive user data and transactions. This presents a shielded platform for online payments. lPay’s commitment to security promotes trust among both businesses and clients.
Information about Account Fees
Comprehending the account fee structure of payment gateway lPay is critical for users to effectively govern costs and maximize benefits. Merchants do not ordinarily need to pay a setup fee for activating their account on the IPay platform. Nevertheless, businesses desiring to carry out custom integration with their websites or applications may incur supplementary charges depending on the complexity of the setup.
A fixed monthly fee can be charged to merchants for maintaining their accounts and guaranteeing uninterrupted services. IPay gateway may propose tiered subscription plans with varying features. IPay charges a percentage-based fee for every transaction handled through the gateway. This rate may vary depending on the mode of payment.
The Usefulness of lPay for Business
lPay represents a revolutionary payment platform in Sri Lanka that bridges the gap between businesses and individuals. It delivers numerous services. Let’s consider what lPaygateway can suggest to business holders.
lPay for Various Types of Business
lPay serves an extensive range of businesses, in particular, e-commerce platforms, retail outlets, service providers, small and medium enterprises, and others. It enables real-time payments for online stores. Payment gateway lPay allows the integration of cashless payments at physical stores.
It diminishes reliance on cash and streamlines operations. lPay is the perfect solution for industries like utilities, hospitality, and specialized services. Finally, lPay gateway ensures rapid and dependable payment acceptance.
lPay for Physical Customers
Regarding physical clients, lPaygateway guarantees issue-free digital payment solutions to simplify financial transactions. Users can pay for groceries, utility bills, and transportation without cash. Clients can perform secure payments on e-commerce platforms. Finally, you can transfer money instantly to friends and family within the lPay network.
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FAQ
How to craft an lPay payment gateway?
To join lPaygateway as a merchant, you should visit the official website, fill in the registration form, present the necessary documents, and wait for confirmation.
What is the charge of the lPay payment gateway?
The charge for the lPaygateway depends on the transaction type and volume. It ordinarily includes a percentage-based fee per transaction and possibly a fixed fee.
