Looking for Payment Gateway Solutions for an International E-Commerce Store Based in Sri Lanka

[Prabu1]

I’m planning on setting up an e-commerce store based in Sri Lanka, with the goal of selling internationally.

I’ve carefully selected my niche products and completed the local business registration. I’m starting with a B2C model and may expand to B2B if the initial launch is successful.

Currently, my biggest challenge is integrating a payment gateway. In Sri Lanka, we don’t have access to major payment gateways like PayPal, Stripe, Shopify Payments, which are essential for processing transactions and managing revenue efficiently.

I’m looking for detailed guidance on setting up a payment gateway that can handle international sales. Specifically, I need advice on which payment gateways might work for my situation, any legal considerations for cross-border transactions, and any Shopify-specific resources or recommendations that could assist me in this process.

[DaisyVo]

Hi @Prabu1 

I understand you're facing challenges integrating a payment gateway for your international e-commerce store based in Sri Lanka, especially since major providers like PayPal, Stripe, and Shopify Payments aren't available locally. Let's explore some viable alternatives tailored to your situation.

Available Payment Gateways in Sri Lanka:

Shopify supports several payment gateways in Sri Lanka. Some notable options include FasterPay, Oceanpayment, Payoneer Checkout, and Skrill Checkout. However, it's important to note that most of these providers require businesses to be registered and to provide necessary documentation.

Shopify Community

Local Payment Solutions:

For businesses operating within Sri Lanka, local payment gateways can be a practical solution. Providers like PayHere.lk offer Shopify integrations and have been reported by users to work effectively.

Additionally, DirectPay Sri Lanka provides a Shopify app to facilitate payment processing.

Considerations for Unregistered Businesses:

If your business isn't registered, finding a payment gateway becomes more challenging, as most providers mandate business registration. It's advisable to contact potential payment providers directly to inquire about their specific requirements and see if they can accommodate unregistered businesses.

Next Steps:

1. Assess Your Business Status: Determine if registering your business is feasible, as it will broaden your payment gateway options.
2. Contact Payment Providers: Reach out to both international and local payment gateways to understand their requirements and see if they can support your unregistered business.
3. Explore Local Solutions: Consider integrating with local providers like PayHere.lk or DirectPay Sri Lanka, which might offer more flexible terms for businesses operating within the country.

By exploring these options, you can identify a payment gateway that aligns with your business needs and facilitates smooth transactions for your international customers.

If you need any other assistance, feel free to reply and I will try my best to help.

Best regards,

Daisy