Payment gateway provider surpasses Rs. 2.5 billion in billings within five years
Payment gateway provider surpasses Rs. 2.5 billion in billings within five years

Payment gateway provider surpasses Rs. 2.5 billion in billings within five years

WEBXPAY, a payment gateway provider, has recently surpassed the Rs. 2.5 billion milestone in billings within a period of five years reflecting its rapid adoption and growing trust about its offering.

According to local media reports, the company has already processed payments for close to 1,700 plus merchants and remains focused on getting more and more merchants onto the digital payment platform, thereby proactively expanding the digital payment space in Sri Lanka.

Merchants both big and small have been empowered to adopt its digital payments gateway.

WEBXPAY is playing a key role in empowering and enabling merchants at present to propel their businesses on a bigger digital scale thereby driving e-commerce in Sri Lanka, a local news report stated.

Commenting on the milestone Omar Sahib – CEO/Founder, WEBXPAY has been quoted in the media as saying, “we thank our customers, the merchants, who have put their trust in us and thus helped us achieve this milestone. We remain dedicated to their businesses and keeping their customers secure as we look to the future and innovating further to support them more.”

The strength of WEBXPAY has reportedly been witnessed during the lockdown and work-from-home periods when payments for essentials went online and many new businesses which were not accepting payments through digital gateways actually went online such as bookshops, tutors, small grocery shops etc.

Facilitating its merchant base further, WEBXPAY has reportedly devised the X-pos App after noting that smaller merchants did not have access to a laptop or computer, or even their own websites to access an international payment gateway.

WEBXPAY has designed X-pos App to access payments on smart phones with few clicks, attracting a legion of new customers.

OSL take:

The success of WEBXPAY is indicative of the growth and potential of ICT, digital infrastructure development and the transformation towards an e-economy. The global Covid 19 pandemic and it’s impact on Sri Lanka has further expanded opportunities in the country’s e-economy transformation as well as digital infrastructure development. 

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Article Code : VBS/AT/20200923/Z_5

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