WEBXPAY
WEBXPAY is one of Sri Lanka’s leading online payment gateways designed to help businesses of all sizes accept digital payments in a secure and scalable way. The platform is built to be accessible, offering smooth onboarding for SMEs, enterprises, and even freelancers.
Merchants can accept payments in LKR, USD, EUR, GBP, and AUD, making it suitable for both domestic and cross-border operations. With flexible pricing in Rs, WEBXPAY gives local businesses a way to handle online transactions without heavy upfront setup costs.
The gateway integrates with popular e-commerce systems like Magento and Shopify, allowing merchants to integrate WEBXPAY seamlessly into their websites and apps. Whether it’s card payments, mobile wallets, or cash acceptance via LankaQR, WEBXPAY offers a seamless solution tailored to modern business needs.
| Characteristic | Details |
|---|---|
| Regions | Sri Lanka |
| Getting started | Online signup |
| Commission per transaction | 2–3% (approx., varies by method) |
| Payment methods accepted | Cards, wallets, QR, links |
| Fraud & Risk management | Standard fraud monitoring |
| Accepted Currencies | LKR, USD, multiple |
| Set up type | Online |
| Onboarding & Approvals time | Few days |
| Recurring Billing | Supported |
| Charges on Refunds | Depends on method |
| SDK Stacks | iOS, Android |
| Settlement time | 1–2 business days |
| Payouts support | Yes |
| RegionsSri Lanka | |
| Getting startedOnline signup | |
| Commission per transaction2–3% (approx., varies by method) | |
| Payment methods acceptedCards, wallets, QR, links | |
| Fraud & Risk managementStandard fraud monitoring | |
| Accepted CurrenciesLKR, USD, multiple | |
| Set up typeOnline | |
| Onboarding & Approvals timeFew days | |
| Recurring BillingSupported | |
| Charges on RefundsDepends on method | |
| SDK StacksiOS, Android | |
| Settlement time1–2 business days | |
| Payouts supportYes |
Pros
- Easy onboarding
- Supports multiple payment methods
- Localized solution for Sri Lanka
- Mobile app for invoicing & tracking
Cons
- Limited global coverage
- Lack of transparent fee structure
- Split payments not documented
- Limited advanced risk tools
Benefits for Customers and Businesses
WEBXPAY is designed for entrepreneurs who want convenience and simplicity in managing online payments. Businesses can create invoices, generate payment links, and track sales in real-time through the merchant app. The solution supports both online and in-store purchase flows via QR and XPOS, ensuring that clients are onboarded quickly.
By offering flexible settlement cycles such as T+1, WEBXPAY makes sure that merchants get faster access to their funds. For companies requiring high-end services, the gateway provides premium add-ons and integrations with platforms like Magento and Shopify, helping them scale efficiently.
How to Accept Payments via WEBXPAY Platform
Businesses can start by signing up, completing the onboarding process, and linking their bank accounts in Rs or USD. The system provides plug-and-play SDKs and integration modules to integrate with existing websites. Merchants can then start to accept payments via cards, mobile wallets, and LankaQR.
For offline stores, WEBXPAY provides XPOS terminals and QR-based in-store acceptance, ensuring flexibility in handling customer payments. This hybrid approach makes WEBXPAY both modern and accessible.
Review: Transaction Handling, Settlement, and Fees
WEBXPAY focuses on efficient transaction handling and quicker settlements. Most payouts are processed on a T+1 basis, giving merchants access to their funds without long delays. Charges vary by volume and method, but standard card transactions are around 2–3% in Rs.
Merchants can also access reports in real-time, helping them manage cashflow more efficiently. While premium services and detailed fee breakdowns require direct negotiation, the platform remains one of the most competitive solutions in Sri Lanka.
Secure Payments and Safety Measures
The platform is PCI-DSS compliant, supports tokenization, and works closely with banking institutions to ensure secure payments. It has never reported a major breach, and customers emphasize trust in the system. Premium security features like 2FA and fraud alerts further strengthen its safety for merchants and clients.
Account Fees, Setup, and Onboarding Process
WEBXPAY does not publish detailed pricing on its website, and fees can vary by merchant profile and payment method. Typically, the commission is around 2–3% per transaction. While the lack of transparency may frustrate some businesses, WEBXPAY negotiates terms based on volume and risk profile, which is common in regional markets.
WEBXPAY for Business: Partnering with Banks and Institutions
For SMEs, WEBXPAY offers a cost-effective entry point into online payments. Larger enterprises may find it limited in cross-border functionality but still valuable for local transactions. Its app-based management tools reduce administrative overhead and allow real-time monitoring, making it practical for entrepreneurs.
Which Type of Business Can WEBXPAY Empower in Sri Lanka
The gateway fits best for e-commerce stores, subscription-based services, freelancers, and small retailers. Businesses needing recurring billing or payment link functionality will find it especially useful. For companies with heavy international traffic, the limited currency range could be a drawback.
For Physical Clients
Physical retailers can also benefit from WEBXPAY by using QR codes and payment links at the point of sale. Instead of traditional POS hardware, merchants can accept payments via smartphones, which reduces costs and enables faster adoption in areas with limited banking infrastructure.
Connect with us
FAQ
How long does it take to get approved on WEBXPAY?
Typically, approvals take a few business days. The platform verifies merchant documents, assesses the business profile, and activates accounts quickly compared to traditional banking systems. This makes it accessible for startups and small retailers.
Can WEBXPAY handle international payments?
WEBXPAY does support USD and some other currencies, but its strength lies in domestic Sri Lankan payments. International merchants may face limitations, as it does not yet match the global reach of gateways like Stripe or PayPal.
Does WEBXPAY support recurring billing?
Yes, recurring billing is supported. Businesses can set up subscription-based models, automated charges, and scheduled payments. This makes it suitable for SaaS platforms, gyms, and service providers relying on monthly revenue.
How safe is WEBXPAY for merchants and clients?
WEBXPAY applies PCI-DSS compliance, encryption, and fraud monitoring tools. While there have been no major breaches reported, merchants are advised to follow best practices such as enabling MFA and monitoring transactions regularly. The company continues to strengthen its risk controls to meet evolving threats.
What type of businesses should avoid WEBXPAY?
Enterprises with heavy cross-border operations or advanced payment needs may find WEBXPAY too limited. For example, companies requiring split payments, complex risk engines, or wide currency support may prefer global solutions. However, for local SMEs, WEBXPAY is a cost-effective and reliable choice.
