shurjoPay
shurjoPay provides online payment gateway, payment link generator, and QR-based payment solutions.
- Company typePrivate
- Founded2010
- HeadquartersDhaka, Bangladesh
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What shurjoPay does
ShurjoPay (legal entity ShurjoMukhi Limited) is Bangladesh's first Payment System Operator (PSO)-licensed online payment gateway, headquartered in Mohakhali, Dhaka, and founded in 2009. The platform provides a unified digital payment infrastructure comprising an Online Payment Gateway for e-commerce and education fee collection, a QR-Based Payment Solution for physical retail, and a Payment Link Generator for remote transactions, supplemented by a real-time merchant dashboard and an Equated Monthly Installment (EMI) facility. The technical foundation is a RESTful API architecture with separate sandbox and production environments, JWT-based authentication (15-minute tokens), an Instant Payment Notification (IPN) webhook for deferred transaction status, and SDKs/plugins covering PHP/Laravel, Python, Java/Spring, JavaScript/Node.js, .NET, Rust, Android, Flutter, and iOS — alongside ready-made integrations for WooCommerce, OpenCart, WHMCS, PrestaShop, and Magento 2. The platform is PCI DSS v4.0.1 compliant, ISO/IEC 27001:2013 certified, and CMMI-DEV v1.3 Level 3 certified.
The business operates a transaction-fee revenue model, charging merchants for processing digital payments across 18+ payment channels (Visa, Mastercard, American Express, UnionPay, bKash, Nagad, Rocket, Upay, Tap, MeghnaPay, and others) and 8 internet banking rails, with weekly settlement into verified business bank accounts. Go-to-market combines a developer-led, API-first self-serve motion (documentation portal, sandbox, package-manager-distributed plugins, GitHub presence) with a direct enterprise sales motion that engages larger merchants post-registration. The company serves 1,500+ merchants and 750+ education institutes across education, e-commerce, government (Bangladesh Passport Authority), banking (Prime Bank, Meghna Bank, CDBL, Dhaka Stock Exchange), healthcare, retail, and agriculture. The company is privately held with no disclosed external funding rounds, no parent or subsidiary structure, and is led by CEO & Managing Director Fida Haq.
shurjoPay firmographics
Firmographics- Name
- shurjoPay
- Legal name
- shurjoMukhi Limited
- Website
- https://www.shurjopay.com.bd
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- shurjoPay provides online payment gateway, payment link generator, and QR-based payment solutions.
- Ownership category
- akta.pro rank
shurjoPay industry classification
Industry- Product category
- Payment Gateway Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- akta.pro primary industry
- Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)
- akta.pro secondary industry
- Smart Routing, Cascading & Payment Optimization (FSAMACAJ)
Keywords
Where shurjoPay is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Offices1 record
Markets served
shurjoPay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Payment Gateway Transaction Fees: ShurjoPay charges merchants transaction fees for processing digital payments through its gateway. The platform supports credit/debit cards, mobile wallets (bKash, Nogod, Rocket, Upay, Islamic Wallet), internet banking, and EMI options from 36+ banking partners. Merchants receive weekly settlements to their registered business bank accounts after verification.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard merchant pricing with transaction-based fees |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
shurjoPay product offering
Product offeringCore offering
ShurjoPay is Bangladesh's first PSO-licensed payment gateway, providing merchants with an online payment gateway, QR-based payment solutions, and a payment link generator that accept credit/debit cards, mobile wallets (bKash, Nagad, Rocket, Upay, Tap, Pathao Pay, etc.), internet banking, and 36+ banking EMI options. The platform integrates via RESTful APIs and 21+ ready plugins/SDKs, supports real-time dashboard reporting, and settles funds weekly to merchants' registered business bank accounts.
Product overview
ShurjoPay is Bangladesh's leading payment gateway platform, operating as a Payment System Operator (PSO) licensed by Bangladesh Bank since 2016. The platform provides a unified digital payment infrastructure comprising an Online Payment Gateway for e-commerce, QR-Based Payment Solutions for physical retail, and a Payment Link Generator for remote transactions. The ecosystem includes real-time Dashboard Reporting for merchant insights and EMI Payment Facilities through 36+ banking partners. The platform integrates with 18+ payment channels including cards (Visa, Mastercard, American Express), mobile wallets (bKash, Nogod, Rocket, Nagad), and internet banking. With 21+ ready plugins for e-commerce platforms (WooCommerce, OpenCart, Magento 2, PrestaShop, WHMCS) and SDKs for mobile (Android, iOS, Flutter) and web (PHP, Python, Java, JavaScript, .NET), the platform serves over 1,500 merchants including 750+ education institutes.
Differentiator
Problem solved
Functional benefit
Products and services
- Online Payment Gateway Core online payment gateway service enabling Bangladeshi merchants to collect online payments securely through website integration. Supports multiple payment channels including credit/debit cards, mobile wallets (bKash, Nagad, Rocket, Upay), internet banking, and EMI options from 36+ banking partners.
- QR-Based Payment Solution QR code-based payment solution for physical retail locations, allowing customers to pay merchants by scanning QR codes at point-of-sale for in-person transactions.
- Payment Link Generator Service allowing merchants to generate and share payment links via any media channel (email, SMS, social, chat), enabling customers to complete payments through shared URLs without needing a website.
- ShurjoPay Merchant Dashboard Real-time reporting dashboard giving merchants data and insights on transactions, campaign management, and business performance for informed decision-making.
Quantifiable outcome
- Supports 750+ education institutes with reliable fee payment solutions
- +3 more outcomes
Companies that use shurjoPay
Customer profileNamed customers12 records
Segments4 records
Ideal customer profiles5 records
shurjoPay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature6 records
shurjoPay partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, flagship and minor.
- Meghna Bank LimitedcoreStrategic partnership signed on April 27th, 2023 between ShurjoPay and Meghna Bank to integrate Meghna Bank's Mobile Financial Services platform (MeghnaPay) with ShurjoPay's merchant solutions, signed by Sohail R K Hossain (CEO, Meghna Bank) and Fida Haq (CEO, ShurjoPay).
- Prime BankcorePayment Gateway agreement between ShurjoPay and Prime Bank to deliver secure, seamless, and innovative digital payment solutions. Collaboration aims to enhance payment processing capabilities for the digital banking landscape in Bangladesh.
- Bangladesh Passport AuthorityflagshipStrategic partnership to revolutionize the passport application process through integration of ShurjoPay's digital payment gateway, ensuring seamless, secure, and efficient payment experience for citizens applying for passports.
- Jahangirnagar UniversitycoreRenewed agreement for ShurjoPay to continue offering seamless online payment gateway services for the university's fee collection system, serving Jahangirnagar University and Jahangirnagar University School & College.
- MYSOFT LimitedminorFormal strategic partnership for innovation in FinTech and HealthTech sectors, leveraging combined strengths of both companies to explore new opportunities in digital financial and healthcare technology.
- Eastern Bank LimitedminorEastern Bank Limited sent a New Year 2025 gesture of appreciation to ShurjoPay, strengthening collaborative bond between the organizations.
- 36+ Banking EMI Partnerscore36+ banking partners providing EMI (Equated Monthly Installment) options including BRAC Bank, Bank Asia, Banglar Bank, AIBL Bank, AB Bank, Dutch Bangla Bank, Dhaka Bank, City Bank, Eastern Bank, Islami Bank, Prime Bank, Standard Chartered Bank, and others.
- Mobile Financial Service ProviderscorePartnerships with major MFS providers including bKash, Nogod, Rocket, Upay, Islamic Wallet, Tap, Pocket, Pathao Pay, Meghna Pay, Somadan enabling mobile wallet payments.
- Card Networks (Visa, Mastercard, American Express, Union Pay)corePartnerships with major international card networks enabling credit and debit card payments through the ShurjoPay gateway.
- 8 Internet Banking PartnerscorePartnerships with 8 internet banking providers including Pubali, uCash, mCash, ipay, AB Direct, City Touch, and MyPrime for online banking payments.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
shurjoPay competitors and assessment
Company assessmentDirect peers
- SSL Commerz: Bangladesh's largest competing online payment gateway, offering comparable merchant payment processing, mobile wallet aggregation, and API integrations to Bangladeshi merchants in the same regulatory environment.
- aamarPay: Bangladesh-based online payment gateway providing merchant acquiring, card and MFS aggregation, and developer APIs directly competing with ShurjoPay for the same merchant base.
Broad incumbents
- bKash: Bangladesh's dominant mobile financial services platform with a vast consumer wallet base that increasingly accepts merchant payments via QR and apps, competing for the same digital payment volume ShurjoPay aggregates.
- Nagad: Bangladesh Post Office-backed mobile wallet with rapidly growing merchant acceptance network, overlapping with ShurjoPay's payment channel coverage and competing for digital transaction volume.
- PayU: Global emerging-markets-focused payment gateway operating across multiple geographies with similar merchant acquiring, smart routing, and local payment method aggregation capabilities relevant to Bangladesh-like markets.
- Stripe: Global payment platform with developer-first API design, multi-method aggregation, and extensive SDK ecosystem — the global benchmark for the kind of API-first gateway model ShurjoPay operates.
- Dutch-Bangla Bank (Rocket / Nexus): Bangladesh bank operating the Rocket mobile wallet and Nexus Pay gateway, combining banking-issued payment credentials with merchant acquiring in direct competition with ShurjoPay's aggregator model.
- 2Checkout (Verifone): Global online payment gateway and merchant services platform offering multi-currency, multi-method acceptance for digital businesses — comparable international gateway reference point for cross-border ambitions.
- PayPal: Global digital payments giant offering merchant gateway services alongside consumer wallets, representing the scaled international benchmark for online payment acceptance infrastructure.
Regional players
- Razorpay: India's leading payment gateway offering developer-first APIs, multi-method aggregation, and merchant tooling in a comparable emerging South Asian digital payments market with similar regulatory dynamics.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
shurjoPay social profiles
Digital presenceshurjoPay compliance and trust
Trust signalCompliance3 records
shurjoPay financial estimates
Financial estimateRevenue estimate
Valuation estimate
shurjoPay leadership team
Management profileNumber of profiles
Profiles1 record
shurjoPay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
shurjoPay 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 shurjoPay
What does shurjoPay do?
ShurjoPay is Bangladesh's first PSO-licensed payment gateway, providing merchants with an online payment gateway, QR-based payment solutions, and a payment link generator that accept credit/debit cards, mobile wallets (bKash, Nagad, Rocket, Upay, Tap, Pathao Pay, etc.), internet banking, and 36+ banking EMI options. The platform integrates via RESTful APIs and 21+ ready plugins/SDKs, supports real-time dashboard reporting, and settles funds weekly to merchants' registered business bank accounts.
Is shurjoPay a public or private company?
shurjoPay is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was shurjoPay founded?
shurjoPay was founded in 2010. It employs 11 to 50 people.
Where is shurjoPay based?
shurjoPay is headquartered in Dhaka, Bangladesh, in the Asia region.
How does shurjoPay make money?
One revenue line is on record: payment Gateway Transaction Fees.
Who are shurjoPay's main competitors?
Direct peers on record are SSL Commerz and aamarPay. Broad incumbents are bKash, Nagad, PayU, Stripe, Dutch-Bangla Bank (Rocket / Nexus), 2Checkout (Verifone) and PayPal. Razorpay is listed as a regional player.
Does shurjoPay have an API?
Yes. ShurjoPay offers RESTful APIs for payment integration: Generate Authentication Token (POST /get_token), Initiate Payment Transaction (POST /secret-pay), and Verify Payment Transaction (POST /verification). Authentication uses username/password with JWT tokens valid for 15 minutes. Supports sandbox and production environments with separate API endpoints. Provides webhook/IPN functionality for real-time payment status updates. Multiple SDKs available: PHP, Laravel, Python, Java, Spring, JavaScript, Node.js, .NET, Rust, Android, Flutter, iOS Swift. Developer documentation is at shurjopay.com.bd/frontend-developers/direct-integration-with-api.
What industry is shurjoPay in?
shurjoPay's product category is Payment Gateway Services. Its primary akta.pro industry code is FSAMACAA, Merchant Payment Gateways (API/Hosted Checkout), with a secondary code of FSAMACAJ, Smart Routing, Cascading & Payment Optimization. Its NAICS code is 52232.