PortWallet
PortWallet (PortPos) is a Bangladesh-based online payment gateway operated by Portonics Limited, enabling merchants to accept card, mobile wallet, and netbanking payments via API, plugins, and the SendBill invoicing platform.
- Company typePrivate
- Founded2014
- HeadquartersDhaka, Bangladesh
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What PortWallet does
PortWallet, operating commercially under the PortPos brand and legally as Portonics Limited, is a Bangladesh-based online payment gateway founded in 2014 and headquartered in Dhaka. The company provides merchants in Bangladesh with the infrastructure to accept online payments via debit/credit cards, mobile wallets, and netbanking through a single API, and targets the full merchant spectrum — from individual Facebook sellers and in-person retailers to startups, e-commerce businesses, subscription companies, software platforms, and large enterprises. Self-service signup, developer APIs, and pre-built plugins for WooCommerce and PrestaShop form the core distribution model.
The product suite includes the core PortPos payment gateway, the SendBill invoicing platform (which generates payment links deliverable via email, SMS, WhatsApp, or Facebook Messenger for merchants without e-commerce websites), and a Paperless EMI feature that supports installment payments across multiple banks. The platform claims 99.9%+ uptime, high-encryption security, and machine learning-driven optimization for conversion, fraud detection, and revenue recovery. Specific certifications and compliance frameworks are referenced only generically.
The business model is transaction-based, with merchants paying per-transaction fees and no setup fee; pricing is not publicly disclosed. The company operates as a private, apparently founder-owned entity with no disclosed institutional investors, funding rounds, named enterprise customers, or management team in the source material. Geographic scope is concentrated in Bangladesh, with no stated international expansion.
PortWallet firmographics
Firmographics- Name
- PortWallet
- Legal name
- Portonics Limited
- Website
- https://portwallet.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PortWallet (PortPos) is a Bangladesh-based online payment gateway operated by Portonics Limited, enabling merchants to accept card, mobile wallet, and netbanking payments via API, plugins, and the SendBill invoicing platform.
- Ownership category
- akta.pro rank
PortWallet industry classification
Industry- Product category
- Payment Gateway
- akta.pro primary industry
- Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)
- akta.pro secondary industries
- Payment Gateways & API Connectivity (FSAGABAB), Digital Wallet Platforms (Consumer & Merchant) (BPAMAFAC)
Keywords
Where PortWallet is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Markets served
PortWallet business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Transaction Fees: Merchants pay transaction charges for each payment processed through the platform. No setup fee required. This is the primary revenue stream from processing online payments via cards, mobile wallets, and netbanking.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based pricing with no setup fee |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels2 records
PortWallet product offering
Product offeringCore offering
PortWallet, operating under the brand PortPos, is an online payment gateway serving the Bangladesh market. It enables merchants to accept online payments via debit/credit cards, mobile wallets, and netbanking through a unified API with pre-built e-commerce plugins. The platform also offers SendBill, a digital invoicing and payment-link tool for merchants without e-commerce sites, and Paperless EMI for installment-based purchases.
Product overview
PortPos is a unified online payment gateway platform for Bangladesh, offering a comprehensive suite of payment acceptance solutions. The core PortPos gateway processes card, mobile wallet, and netbanking transactions. The SendBill sub-product enables invoicing and payment link generation for businesses without e-commerce sites. The Paperless EMI feature provides installment payment options. Together, these products serve e-commerce, f-commerce, in-person retailers, subscription businesses, software platforms, and marketplaces.
Differentiator
Problem solved
Functional benefit
Brands
- SendBill: Paperless invoicing and payment link platform that allows merchants to send bills via email, SMS, WhatsApp, or Facebook Messenger.
- Easy Monthly Installment (EMI)
Products and services
- PortPos Unified online payment gateway platform for Bangladesh that enables businesses to accept online payments via debit/credit cards, mobile wallets, and netbanking. It targets e-commerce sites, Facebook sellers, in-person retailers, subscription businesses, software platforms, and marketplaces, and offers REST APIs, SDKs, and pre-built plugins for integration.
- PortPos SendBill Digital invoicing platform that generates payment links which can be delivered to customers via email, SMS, WhatsApp, or Facebook Messenger. It allows merchants without e-commerce sites to collect and track online payments from customers.
Quantifiable outcome
- 99.9%+ uptime and highly scalable, redundant systems
- +1 more outcomes
Companies that use PortWallet
Customer profileSegments6 records
Ideal customer profiles3 records
PortWallet technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability3 records
Feature6 records
PortWallet partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- WooCommercecorePre-built integration plugin available for WooCommerce e-commerce platform, enabling merchants to easily add PortPos payment processing to their online stores.
- PrestaShopcorePre-built integration plugin available for PrestaShop e-commerce platform, allowing merchants to accept online payments through their PrestaShop-powered stores.
Scale indicators2 records
Recent moves4 records
Expansion highlights4 records
PortWallet competitors and assessment
Company assessmentBroad incumbents
- Nagad: Bangladesh mobile financial services provider regulated by Bangladesh Post Office, with broad consumer reach. Relevant incumbent competing for digital payment flows in Bangladesh's merchant ecosystem.
- bKash: Dominant mobile financial services platform in Bangladesh with a massive consumer base and agent network. Increasingly expanding into merchant payments, competing with PortPos for transaction volume at the consumer side of the flow.
- Stripe: Global payment gateway leader known for developer-first APIs and pre-built integrations. Represents the competitive benchmark for API quality, reliability, and developer experience that PortPos positions against.
- PayPal: Global digital payments incumbent with broad merchant acceptance including in Bangladesh via partner arrangements. Sets the competitive bar for cross-border payment acceptance and brand trust.
Direct peers
- SSLCommerz: The largest dedicated payment gateway in Bangladesh, offering online card, mobile wallet, and bank payment acceptance to e-commerce merchants. Directly competes with PortPos in the same geographic market with a similar gateway/transaction-fee business model.
- AamarPay: Bangladesh-based payment gateway providing online payment acceptance for merchants across cards, mobile wallets, and netbanking. Competes head-to-head with PortPos for Bangladesh e-commerce and f-commerce merchants.
- ShurjoPay: Bangladesh-focused payment gateway serving online merchants with multi-channel payment acceptance. Overlaps with PortPos in target market, payment methods, and merchant segments.
- iPay (Bangladesh): Bangladesh-based online payment service provider offering card and mobile payment processing for merchants. Another local gateway competing for the same horizontal merchant base as PortPos.
Regional players
- Razorpay: Leading payment gateway and fintech infrastructure platform in India, offering gateway, subscription, and marketplace payment solutions. Comparable business model and target segments to PortPos, although operating in a different South Asian geography.
- PayU: Global/India-headquartered payment gateway with operations across emerging markets including South Asia. Comparable gateway/aggregator business model serving online merchants with multi-method payment acceptance.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
PortWallet social profiles
Digital presencePortWallet compliance and trust
Trust signalCompliance1 record
PortWallet financial estimates
Financial estimateRevenue estimate
Valuation estimate
PortWallet leadership team
Management profileNumber of profiles
PortWallet funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PortWallet M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PortWallet
What does PortWallet do?
PortWallet, operating under the brand PortPos, is an online payment gateway serving the Bangladesh market. It enables merchants to accept online payments via debit/credit cards, mobile wallets, and netbanking through a unified API with pre-built e-commerce plugins. The platform also offers SendBill, a digital invoicing and payment-link tool for merchants without e-commerce sites, and Paperless EMI for installment-based purchases.
Is PortWallet a public or private company?
PortWallet is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was PortWallet founded?
PortWallet was founded in 2014. It employs 11 to 50 people.
Where is PortWallet based?
PortWallet is headquartered in Dhaka, Bangladesh, in the Asia region.
How does PortWallet make money?
One revenue line is on record: transaction Fees.
Who are PortWallet's main competitors?
Broad incumbents on record are Nagad, bKash, Stripe and PayPal. Direct peers are SSLCommerz, AamarPay, ShurjoPay and iPay (Bangladesh). Regional players are Razorpay and PayU.
Does PortWallet have an API?
Yes. Powerful and easy-to-use APIs that allow developers to integrate payment functionality. The APIs are designed to eliminate the need for teams to stitch together disparate systems or spend months integrating payments. Developer documentation is at developer.portpos.com/documentation-v2.php.
What industry is PortWallet in?
PortWallet's product category is Payment Gateway. Its primary akta.pro industry code is FSAMACAA, Merchant Payment Gateways (API/Hosted Checkout), with a secondary code of FSAGABAB, Payment Gateways & API Connectivity.