PayHere Reviews: Product Description and Company Overview
PayHere as a payment gateway offers a streamlined way for small businesses and startups to accept payments both locally and internationally. Built on a SaaS model, the platform supports bill payments, subscriptions, and one-time transactions with flexible options for cash, cards, wallets, and bank transfers.
Designed for both technical and non-technical users, PayHere allows you to embed payment forms, generate smart checkout links, and manage your Stripe account through a unified dashboard. Whether you’re handling invoicing, issuing receipts, or automating charge flows, the system works automatically to reduce manual workload and improve financial management.
The platform’s expert-driven design includes a simple onboarding process—just verify your business, upload required documents, and start collecting payments within minutes. You can even use PayHere with no code to boost customer conversions and increase revenue faster.
PayHere’s premium plan unlocks features like in-depth analytics, advanced fraud management, and in-house support to help you scale with confidence. You’ll also find built-in tools for shipping, tax rules, and customer recordkeeping—all managed seamlessly through one interface.
Need a clearer look? The dashboard provides screenshots, step-by-step guides, and real-time tracking to help users explore options and choose the best setup for their needs. If you're looking to simplify payments and scale your SaaS or service business, this is a platform worth considering.
| Characteristic | Details |
|---|---|
| Regions | Sri Lanka, global support for USD, EUR, GBP, AUD |
| Getting started | No-code link or embedded form setup |
| Commission per transaction | ~3% + Stripe fees |
| Payment methods accepted | Cards, e-wallets, internet banking |
| Recurring Billing | Supported |
| Accepted Currencies | LKR, USD, EUR, GBP, AUD |
| Settlement time | Not disclosed |
| SDK Stacks | Laravel, React.js plugin support |
| Onboarding & Approval time | Few minutes online, manual form upload |
| Regions Sri Lanka, global support for USD, EUR, GBP, AUD | |
| Getting startedNo-code link or embedded form setup | |
| Commission per transaction~3% + Stripe fees | |
| Payment methods acceptedCards, e-wallets, internet banking | |
| Recurring BillingSupported | |
| Accepted CurrenciesLKR, USD, EUR, GBP, AUD | |
| Settlement timeNot disclosed | |
| SDK StacksLaravel, React.js plugin support | |
| Onboarding & Approval timeFew minutes online, manual form upload |
Pros
- No setup or annual fee
- Fast onboarding and link-based payments
- Supports recurring billing and multiple currencies
- Approved by the Central Bank and PCI-DSS compliant
- Easy integration via plugins and SDKs
Cons
- Mixed reviews with complaints about held funds
- 2022 data breach affected 1.5M user records
- Limited advanced reporting features
- Not suited for high-volume enterprise use
Benefits Of Using PayHere
PayHere enables Sri Lankan businesses to accept payments quickly with no technical expertise. Users can share payment links via social platforms, email, or messaging apps, or embed checkout forms directly into websites. Subscription billing, branded receipts, and simple transaction tracking features help streamline financial workflows. The platform also supports multiple currencies, expanding opportunities to sell internationally.
How To Use The Platform
Creating a merchant account involves registering online, verifying your email, submitting signed agreements and documentation, then accessing the dashboard to start creating payment links or integrating plugins. Users can set up subscriptions, automate recurring charges, and access transaction analytics through a centralized portal. The setup process is fast and designed for ease of use.
PayHere Safety Review: Stripe Integration, Data Risks & Company Response
In 2022, PayHere experienced a significant data breach that exposed over 1.5 million records, including names, partial card information, emails, and phone numbers. In response, the company released a public incident report, strengthened encryption protocols, improved access control systems, and increased monitoring. While the incident affected user trust, security practices have since been upgraded.
Account Fees and Service Pricing for PayHere Merchants
There are no setup or annual fees. PayHere charges a flat commission on each transaction—around 3%, plus processing fees depending on the payment method. Refunds may be subject to transaction fees, but the pricing structure is generally transparent and friendly for small to mid-sized businesses.
PayHere Reviews: Which Type of Business Should Use This Product?
PayHere is best suited for freelancers, subscription services, consultants, and small businesses that need fast, simple online payment options. It's especially helpful for merchants without full e-commerce platforms. Large enterprises with high transaction volumes or complex infrastructure may find the feature set too limited.
Using PayHere for Physical Clients: Merchant Experience Review
Although primarily designed for online transactions, PayHere also supports physical client payments through link sharing. Businesses can generate payment links in-store or at the point-of-sale and send them to clients via SMS or email. However, for direct card-present payments, additional hardware or platforms may be required.
Connect with us
FAQ
How long does onboarding take?
Most accounts are activated within a few minutes. Merchants need to verify their email, submit required documents, and upload a signed agreement. Once these steps are complete, payment features are unlocked almost instantly.
Is PayHere secure?
Yes, PayHere is PCI-DSS compliant and works with certified banking partners. Following a major data breach in 2022, the company significantly upgraded its security infrastructure, implemented stronger encryption, and enhanced monitoring to prevent future incidents.
What types of businesses benefit most from PayHere?
Freelancers, subscription-based services, and small e-commerce operations benefit the most. If your business needs a fast, lightweight solution to collect payments without setting up a full store, PayHere is a strong option.
Are there hidden fees or refund charges?
There are no hidden fees. The commission is flat per transaction, and refunds may incur standard processing fees based on the payment provider. There are no monthly commitments or setup costs.
Can I accept international payments?
Yes. PayHere allows businesses in Sri Lanka to accept payments from customers worldwide in multiple currencies, making it suitable for international e-commerce and service-based businesses.
