sslcommerz

What sslcommerz does

SSLCOMMERZ is a payment gateway aggregator and licensed Payment Systems Operator (PSO) headquartered in Dhaka, Bangladesh, operating as the country's largest digital payment gateway since its founding in 2010. The company is privately held under SSLCOMMERZ Ltd., itself part of parent Software Shop Limited, and serves over 17,006 digital commerce businesses and 150,000+ retail stores across Bangladesh through a single integrated API. SSLCOMMERZ holds one of only three PSO licenses issued by Bangladesh Bank, alongside PCI DSS Level 1, ISO/IEC 27001:2013, and CMMI-DEV v1.3 Level 3 certifications, anchoring its regulatory and security positioning.

The platform aggregates 33+ payment channels — credit/debit cards (Visa, Mastercard, Amex, UnionPay), 10 mobile banking brands (bKash, Nagad, Rocket, Upay), 10 internet banking options, 4 e-wallets, Bangla QR, and EMI facilities from 30+ banks — exposed through a REST API with TLS 1.2+ encryption, tokenized card storage, server-to-server IPN notifications, and SDKs across PHP, JavaScript, Python, Laravel, React, Flutter, Kotlin, and .NET, with pre-built plugins for WordPress/WooCommerce, Shopify, Magento, WHMCS, and OpenCart. Beyond the core gateway, the product surface extends to Payment Links, Invoice-based QR payments, Google Pay acceptance, an Invoice API, and a Bill Query & Payment Confirmation API for education, ISP, and insurance verticals.

SSLCOMMERZ monetizes through per-transaction fees (2.5% standard, 3.5% for American Express) plus a non-refundable one-time setup fee of ৳ 25,500 BDT, with complementary revenue from a merchant referral program (Tk 500 per successful referral). Distribution combines a self-serve 5-minute onboarding flow with a 7-day free trial, a developer sandbox environment, direct enterprise field sales for large merchants, and consumer-facing campaign platforms (e.g., mela.sslcommerz.com). Named enterprise customers span healthcare (Asgar Ali Hospital), telecommunications (Grameenphone, DU), pharmaceuticals (BEXIMCO), energy (DESCO), aviation (Novoair, US-Bangla Airlines), transportation (Shohoz), automotive (Honda), F&B (Dominos), financial services (LankaBangla Finance), and NGOs (UNICEF), with the operating entity supported by 251–500 employees.

Name

sslcommerz

Legal name

SSLCOMMERZ Ltd.

Website

https://sslcommerz.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Short description

SSLCOMMERZ is Bangladesh's largest payment gateway aggregator, providing integrated digital payment processing across cards, mobile banking, internet banking, e-wallets, and EMI. Founded in 2010 and PSO-licensed by Bangladesh Bank, it serves 17,000+ merchants and 150,000+ retail stores.

Ownership category

akta.pro rank

Product category

Payment Gateway

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)

akta.pro secondary industries

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA), Smart Routing, Cascading & Payment Optimization (FSAMACAJ), Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK)

Keywords

• Payment gateway services
• Digital payment processing
• E-commerce payment solutions
• Online transaction processing
• Merchant payment aggregation

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Transaction Processing Fees: Percentage-based fees charged on successful transactions. Standard rate of 2.5% per transaction, with higher 3.5% rate for American Express cards. Applies to all payment channels including Visa, Mastercard, bKash, Nagad, Rocket, and internet banking
2. One-Time Setup Fee: Non-refundable setup fee of ৳ 25,500 (BDT) charged at merchant onboarding. Includes basic API integration and access to merchant dashboard

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

SSLCOMMERZ operates a payment gateway aggregation platform that enables merchants in Bangladesh to accept digital payments across 33+ channels, including credit/debit cards (Visa, Mastercard, Amex, UnionPay), 10 mobile banking brands (bKash, Nagad, Rocket, Upay), 10 internet banking options, 4 e-wallets, and EMI facilities from 30+ banks, all through a single API integration. The platform supports merchant onboarding, transaction processing, saved card tokenization, invoice-based payments with QR codes, shareable payment links, and Bangla QR payments, and is licensed as a Payment Systems Operator (PSO) by Bangladesh Bank.

Product overview

SSLCOMMERZ operates as a comprehensive digital payment platform offering a core Payment Gateway service complemented by multiple integrated modules and APIs. The platform enables merchants to accept 33+ payment channels including cards (Visa, Mastercard, AMEX), mobile banking (bKash, Nagad, Rocket), internet banking, and e-wallets. Additional modules include Payment Invoices with QR codes, Payment Links for shareable payment requests, EMI facilities from 30+ banks, and Bangla QR standardization. The platform provides developer tools including sandbox testing, Invoice API, and Bill Query API, alongside features like Easy Checkout (embedded widget), Hosted Payment Page, and Saved Cards functionality. Founded in 2010, SSLCOMMERZ is licensed as a Payment Systems Operator (PSO) by Bangladesh Bank and serves over 17,006 digital commerce businesses across Bangladesh.

Differentiator

Problem solved

Functional benefit

Brands

• Easy Merchant App: Mobile application for merchant services referenced in Privacy Policy as Easy Merchant App.

Products and services

• Payment Gateway

Quantifiable outcome

• 2,00,000+ active customers using saved card features
• +3 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration17 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered core.

• Bangladesh BankcoreStrategic or Co-development PartnerCentral bank licensing authority that granted SSLCOMMERZ the PSO (Payment Systems Operator) license, one of only 3 organizations in Bangladesh with this designation. Enables legitimate payment gateway operations under regulatory oversight.
• VisacoreTechnology or IntegrationCard network partnership enabling acceptance of Visa credit and debit cards across multiple bank issuers including Dutch-Bangla, BRAC, City Bank, EBL, Southeast Bank. Provides Visa Checkout and 3D Secure authentication.
• MastercardcoreTechnology or IntegrationCard network partnership enabling Mastercard acceptance through same multi-issuer model as Visa. Supports Mastercard Payment Gateway Services.
• bKashcoreTechnology or IntegrationMobile banking partnership with Bangladesh's largest mobile financial service. Enables bKash payments for over 17 million users.
• NagadcoreTechnology or IntegrationMobile banking partnership with government-backed Nagad digital financial service, enabling payment acceptance from Nagad users.
• Rocket (Dutch-Bangla Bank)coreTechnology or IntegrationMobile banking integration with Rocket service, providing another popular MFS channel for merchant payments.
• 30+ EMI Partner BankscoreTechnology or IntegrationPartnership with 30+ banks enabling EMI (Equal Monthly Installment) facilities for credit card holders including Dutch-Bangla, BRAC, City Bank, EBL, and others. Pioneer in Bangladesh EMI payment gateway services.
• 10 Internet Banking PartnerscoreTechnology or IntegrationPartnerships with internet banking services including Bank Asia, AB Bank, IBBL, MTBL, City Touch enabling direct bank transfers for merchants.
• E-commerce Platform PartnerscoreTechnology or IntegrationPre-built integrations and plugins for major e-commerce platforms including WordPress/WooCommerce, Shopify, Magento, WHMCS, and OpenCart enabling quick merchant onboarding.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Aamarpay: Aamarpay is a direct competitor of SSLCOMMERZ, operating as a Bangladeshi payment gateway aggregator offering similar multi-channel digital payment acceptance for online merchants, including cards, mobile banking, and internet banking. Both compete for the same merchant base in Bangladesh's e-commerce and enterprise payment flows.
• ShurjoPay: ShurjoPay is a Bangladesh-based payment gateway aggregator directly competing with SSLCOMMERZ for online merchants. It offers comparable payment channel aggregation, including cards, MFS (bKash, Nagad, Rocket), and internet banking, targeting the same e-commerce and enterprise customers.
• PortPos: PortPos is another Bangladesh-headquartered payment gateway and merchant acquiring platform. It competes with SSLCOMMERZ across online and offline payment acceptance, including POS and mobile banking integrations, serving overlapping SMB and enterprise merchant segments.

Broad incumbents

• bKash: bKash is Bangladesh's dominant mobile financial services operator with 17M+ users. While a key SSLCOMMERZ integration partner, bKash is also a competitor through its merchant acquiring and wallet-to-wallet payment capabilities, which can disintermediate third-party gateways for certain payment flows.
• Nagad: Nagad is a government-backed mobile financial services platform in Bangladesh and a SSLCOMMERZ integration partner. It also operates merchant payment capabilities directly, positioning it as both a channel partner and a potential disintermediator for gateway-routed transactions.
• PayU: PayU is a global payment aggregator with strong presence in emerging markets, offering card processing, alternative payment methods, and EMI. Its emerging-market focus and product breadth (multi-channel aggregation, EMI, developer tools) make it a comparable broad incumbent for SSLCOMMERZ's positioning.
• Stripe: Stripe is a global payment processor and gateway serving internet businesses with developer-first APIs, broad payment method support, and saved card functionality. While operating at vastly different scale and geography, Stripe represents the global benchmark for SSLCOMMERZ's developer-centric product model and merchant experience.

Emerging players

• Razorpay: Razorpay is an Indian payment gateway aggregator offering multi-method payment acceptance, developer-first APIs, and value-added services like saved cards and EMI. While India-focused, it represents the modern payment aggregator model that SSLCOMMERZ aspires to in Bangladesh, sharing comparable product architecture and GTM.
• Flutterwave: Flutterwave is a pan-African payment gateway aggregator enabling cross-border and multi-currency payment acceptance with developer APIs. It is comparable as a regional emerging-market payment aggregator solving similar fragmentation and cross-border challenges as SSLCOMMERZ does for Bangladesh.

Regional players

• 2C2P: 2C2P is a Southeast Asia-focused payment processor and gateway serving merchants across multiple markets with card, alternative payment method, and merchant acquiring services. It is comparable as a regional emerging-markets payment infrastructure player, though its primary geographies differ from SSLCOMMERZ's Bangladesh focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xtwitter.com/sslcommerzbd
• GitHubgithub.com/sslcommerz
• YouTubeyoutube.com/c/SSLCOMMERZLTD
• Facebookfacebook.com/sslcommerz
• LinkedInlinkedin.com/company/ssl-wireless

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about sslcommerz