Everything about Payments.lk, stated once.

Payments.lk

Modern payment rails for Sri Lankan startups and small merchants: LankaQR, LankaPay and card acceptance without legacy pricing or fees

0.99% on LankaQR at any transaction volume. 2.29% on cards through the IPG up to Rs. 100,000 a month, subsidised by the startup focus to help a business get off the ground. 2.49% standard above that, still cheaper than every published plan in the market.

Payable (payable.lk), building payments infrastructure in Sri Lanka since 2016

40,000+ merchants on the Payable platform.

Every card clears on Payable's licensed acquiring rails

Sri Lanka. Merchants must have, or be helped to open, a Sri Lankan bank account

https://payments.lk

https://payments.lk/apply

The dashboard opens before an email address is asked for.

[email protected]

2.29% per local card transaction

Credit and debit cards through the IPG, subsidised by our startup focus to help you get off the ground.

2.49% per local card transaction

Standard pricing on cards. Still cheaper than every published plan in the market, and still no monthly fee.

Enterprise, quoted in writing by a payments specialist

The published ladder stops here on purpose: above this line card mix and risk profile move the rate more than volume does.

Rs. 0

Rs. 0

Rs. 0

None. A month with no sales costs Rs. 0

None

+1.0% on top of the tier rate

Cards issued outside Sri Lanka.

+0.5% on top of the tier rate

Higher interchange from the issuer, passed through at cost.

0.99% of the payment, plus Rs. 10 on payments under Rs. 2,500. Above that, 0.99% alone.

Priced with the account; ask when you apply

Included on every online transaction at no charge

No charge

Priced separately and confirmed in writing before go-live

Cheaper than every published plan from PayHere, WebXPay and OnePay at every volume up to Rs. 3,000,000 a month, in year one and in steady state, counting their setup and monthly fees. Checked 5 September 2026, sources on https://payments.lk/pricing

Rs. 100,000 a month

Every account starts here. Every card payment at 2.29%.

Rs. 3,000,000 a month

On request from the dashboard, approved by our team. Every card payment at 2.49%.

No limit

A card rate quoted by a payments specialist.

A payment that would take the month past the limit is refused whole, until the month resets on the 1st or an upgrade is approved

Sole proprietors, partnerships, private and public limited companies, licensed professionals in their own name, and founders who have not registered yet

Licensed professionals (doctors, lawyers, accountants, consultants) apply in their own name with their NIC and professional registration. Founders building a business that will need registering are helped to register and open a business account before activation

One question per screen. Tappable questions first, typing (name, ID, address) last. Saves automatically

Partway through, when the applicant wants to save progress. Email and password only

Everyone: NIC (both sides), bank account proof in the applicant’s or business’s own name, TIN certificate or a declaration. Individuals: proof of address within six months. Sole proprietors: Business Registration certificate. Partnerships: every partner’s NIC, registration, partnership deed, authority to onboard where partners sign jointly. Companies: Certificate of Incorporation, every director’s NIC, Form 1, latest Form 15, Form 20 where applicable, Articles of Association, certified board resolution, shareholder and beneficial owner details. Licensed activities: the regulator’s licence (SLTDA, NMRA, SLMC and PHSRC, NGJA, fuel)

Per Payable’s Merchant Onboarding Document Requirements. Only the documents that apply are asked for. A clear phone photo is acceptable; statements and address proofs no older than six months; third-party settlement accounts are not accepted.

Usually a few working days once the application is complete

Issued the day the application is started

Issued automatically on approval

Visa, Mastercard, American Express, UnionPay, JCB, Alipay+

LankaQR and LankaPay for local QR and account-to-account payments, and UPI for customers paying from India

LankaQR and LankaPay at 0.99% plus Rs. 10 on payments under Rs. 2,500; UPI priced with the account.

Sri Lankan rupees (LKR)

Accepted, charged in rupees, with the cross-border surcharge

Hosted checkout and SDK; card details never touch the merchant's servers

A card payment by sending a link over WhatsApp, email or SMS. No website needed

A customer can keep their card at the hosted checkout, and the merchant charges it later without them present, for subscriptions, instalments and repeat orders

The merchant is given a card id, never a card number, and the card carries the month it expires and what the customer agreed to: when, in which language and which wording. Only the first payment asks the cardholder to authenticate. It uses Payable's Advanced plan, switched on in the dashboard. Steps at https://payments.lk/developers/guide#card-on-file.

Node.js and PHP for servers, a pay button for any web page, and React Native, iOS, Android and Flutter for apps, all opening the hosted checkout

Published to npm, Packagist, Swift Package Manager, CocoaPods, Maven Central and pub.dev from their public repositories in Payable's GitHub organisation, github.com/PAYable-IPG. Install commands and guides at https://payments.lk/developers/sdks, runnable samples at https://payments.lk/developers/samples.

A plugin for the hosted checkout, refunds, signed webhooks and the Cart and Checkout blocks, installable from a zip today

Guide and download at https://payments.lk/developers/woocommerce. It is built and its tests pass, but it is not on the WordPress plugin directory yet, so there is no automatic update. There is no Shopify app.

A PrestaShop module (1.7.8 to 9) and an OpenCart 4 extension (4.0.2.0 to 4.1): the hosted checkout, refunds from the order page and signed webhooks, installable from a zip today

Guides and downloads at https://payments.lk/developers/prestashop and https://payments.lk/developers/opencart. Built and tested end to end, but not on PrestaShop Addons or the OpenCart Marketplace yet, so there is no automatic update. OpenCart 3.0 is not supported.

The Flagship terminal: wireless, prints receipts, scans barcodes, delivered configured and paired to the till. Same account, same rate as online. Priced on request

Bank of Ceylon, People's Bank, Commercial Bank of Ceylon, Hatton National Bank, Sampath Bank, Nations Trust Bank, Union Bank, Pan Asia Bank

Any bank in Sri Lanka

REST over HTTPS with JSON. POST https://api.payments.lk/v1/checkouts with amountCents, the amount in whole cents of LKR, and a description

Send Content-Type: application/json, your secret key as a bearer token, and an Idempotency-Key on every write. There is no currency field: every amount is in Sri Lankan rupees, so Rs. 3,500 is 350000.

Remembered for 24 hours, separately for test and live keys

The same key and body within 24 hours gets the first answer back instead of a second payment; the same key with a different body is refused. After 24 hours a key counts as new.

Every error carries a code, a more precise reason where there is one, a sentence, a docUrl and a trace id

Every code and reason is explained at https://payments.lk/developers/errors.

Signed events such as payment.succeeded, payment.failed and refund.succeeded, with retries

https://payments.lk/llms.txt

https://payments.lk/llms-full.txt

schema.org Organization, Service with Offers, and FAQPage on every relevant page

Live at https://api.payments.lk/mcp. An agent with a merchant's agent key can list and explain payments and refunds, summarise a day, read the account and the rates, search this documentation, create and retire payment links, and prepare refunds

A refund an agent prepares is approved by a person in the dashboard within 24 hours, or nothing happens. Agent keys are issued per agent from the AI agents page, with chosen scopes and an end date of 30, 90 or 365 days; a sandbox key sees sandbox payments only, and an agent key is refused everywhere on the REST API. Customer names and contact details reach an agent masked unless the merchant allows whole ones. Works with Claude Code, Cursor, VS Code, Codex and the Claude API; sign in for Claude.ai and ChatGPT is next. Payouts and disputes follow when those feeds are connected.

Encrypted with AES-256-GCM before storage; read only by the underwriting team

Encrypted at rest; never returned to a browser after submission

Stored as bcrypt hashes; sessions as hashed tokens in an httpOnly cookie

Handled on the hosted checkout, keeping merchants out of most PCI DSS scope

None. Not sold, not shared

https://payments.lk/privacy

https://payments.lk/terms

$50 a month including five users, then $2 per user. Ten users: US$60 a month

US$8.95 per user, per month on annual billing. Ten users: US$90 a month

Odoo's regional price for Sri Lankan buyers; the US list price is $24.90 a user.

US$37 per employee, per month, and every employee must be licensed. Ten users: US$370 a month

About $999 a month for the platform plus $99 per user. Ten users: US$1,989 a month

Oracle does not publish NetSuite pricing; these are the commonly cited figures.

Accounting, invoicing, inventory, point of sale, payroll, people, online storefront, customers

Part of the cost of moving data and training a team, assessed case by case