sslcommerz
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.
- Company typePrivate
- Founded2010
- HeadquartersDhaka, Bangladesh
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
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.
sslcommerz firmographics
Firmographics- 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
sslcommerz industry classification
Industry- 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
Where sslcommerz is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Offices1 record
Markets served
sslcommerz business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- 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
- 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
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Basic Plan - ৳ 25,500 setup + 2.5% transaction fee |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
sslcommerz product offering
Product offeringCore 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
Companies that use sslcommerz
Customer profileNamed customers15 records
Segments5 records
Ideal customer profiles3 records
sslcommerz technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration17 records
Feature8 records
sslcommerz partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- Bangladesh BankcoreCentral 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.
- VisacoreCard 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.
- MastercardcoreCard network partnership enabling Mastercard acceptance through same multi-issuer model as Visa. Supports Mastercard Payment Gateway Services.
- bKashcoreMobile banking partnership with Bangladesh's largest mobile financial service. Enables bKash payments for over 17 million users.
- NagadcoreMobile banking partnership with government-backed Nagad digital financial service, enabling payment acceptance from Nagad users.
- Rocket (Dutch-Bangla Bank)coreMobile banking integration with Rocket service, providing another popular MFS channel for merchant payments.
- 30+ EMI Partner BankscorePartnership 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 PartnerscorePartnerships with internet banking services including Bank Asia, AB Bank, IBBL, MTBL, City Touch enabling direct bank transfers for merchants.
- E-commerce Platform PartnerscorePre-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
sslcommerz competitors and assessment
Company assessmentDirect 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
sslcommerz social profiles
Digital presencesslcommerz compliance and trust
Trust signalCompliance5 records
sslcommerz financial estimates
Financial estimateRevenue estimate
Valuation estimate
sslcommerz leadership team
Management profileNumber of profiles
Profiles1 record
sslcommerz funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
sslcommerz 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 sslcommerz
What does sslcommerz do?
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.
Is sslcommerz a public or private company?
sslcommerz is a private company. It is classified as corporate owned and is currently operating.
When was sslcommerz founded?
sslcommerz was founded in 2010. It employs 251 to 500 people.
Where is sslcommerz based?
sslcommerz is headquartered in Dhaka, Bangladesh, in the Asia region.
How does sslcommerz make money?
Two revenue lines are on record. Transaction Processing Fees are the primary driver. The others are one-Time Setup Fee.
Who are sslcommerz's main competitors?
Direct peers on record are Aamarpay, ShurjoPay and PortPos. Broad incumbents are bKash, Nagad, PayU and Stripe. Emerging players are Razorpay and Flutterwave. 2C2P is listed as a regional player.
Does sslcommerz have an API?
Yes. SSLCOMMERZ provides a comprehensive REST API for payment processing with multiple endpoints: (1) Create and Get Session API for initiating transactions, (2) Payment Notification via IPN (Instant Payment Notification), (3) Order Validation API for verifying transactions, (4) Refund API for processing refunds, (5) Transaction Query API for status checking, (6) Invoice API for QR-based payment collection, (7) Google Pay Integration API, and (8) Bill Query & Payment Confirmation API for Education, ISP, and Insurance billers. The API uses TLS 1.2+ and supports JSON/XML formats. Sandbox environment available at sandbox.sslcommerz.com with live production at securepay.sslcommerz.com. Developer documentation is at developer.sslcommerz.com.
What industry is sslcommerz in?
sslcommerz'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 FSAMABAA, Integrated Payment Processors (PSP/Acquirer). Its NAICS code is 522320 and its SIC code is 6199.