Unify all your operations on one platform
We deliver end-to-end digital payment solutions that help businesses simplify operations, enhance customer experiences, and accelerate digital transformation. Our solutions are built to meet the evolving needs of banks, financial institutions, and enterprises—combining innovative technology, seamless integration, and unmatched reliability.
Innovative Payment Solutions for
a Smarter Digital Future
Digital onboarding and identity verification (eKYC)
A fully digitized onboarding experience that enables financial institutions to verify customer identities quickly, securely, and with minimal friction. Our eKYC platform automates document verification, biometrics, and background checks, eliminating the need for physical paperwork and manual processes. With real-time validation, enhanced compliance, and seamless integration into existing systems, it helps organizations onboard customers faster while maintaining the highest regulatory and security standards.
Digital Signature
A secure and compliant digital signing solution that allows customers to sign documents anywhere, anytime, from any device. Our platform ensures authenticity, integrity, and non-repudiation through advanced encryption and audit trails. By replacing manual signature workflows with a fully electronic process, businesses can accelerate approvals, reduce operational costs, and streamline customer experiences while maintaining industry-grade security and trust.
Wallet Services
A versatile and user-friendly digital wallet designed for seamless payments, transfers, and daily financial activities. Customers can store funds, make purchases, send money, and manage transactions instantly from a single interface. Built with enterprise-grade security, multi-layer authentication, and real-time notifications, our wallet service delivers convenience, safety, and accessibility empowering users to handle their finances effortlessly anytime, anywhere.
Agency Banking
Expand your footprint without the brick-and-mortar overhead. Our Agency Banking solution empowers local retailers to act as your service touchpoints, bringing secure cash-in, cash-out, and account services to every corner of the country.
Smart and EFT POS (Electronic Funds Transfer Point of Sale)
An advanced POS ecosystem combining smart device capabilities with secure EFT payment processing. Merchants can accept card, wallet, and digital payments with speed and reliability, supported by intuitive interfaces and real-time transaction updates. Designed for high performance, the system improves checkout experiences, minimizes downtime, and enhances customer satisfaction.
Remittance System
A robust cross-border remittance platform enabling fast, secure, and compliant international money transfers. It supports multiple currencies, real-time settlement, and seamless integration with banks and financial institutions. Built with high-level compliance, fraud prevention, and automated monitoring, the system ensures both senders and recipients enjoy a safe and reliable remittance experience while reducing processing times and operational complexities.
Digital Payment Platforms/ Mobile App
A fast and secure digital payment solution enabling instant, seamless transactions between customers and merchants. By bypassing traditional intermediaries, PayMedia reduces processing times and costs while ensuring maximum transparency. With QR-based payments, online integrations, and robust security controls, it provides a smooth checkout experience across physical and digital environments, empowering businesses to accept payments effortlessly and efficiently.
Internet Banking Services
PayMedia's Internet Banking Solution provides financial institutions with a secure, scalable, and fully branded digital banking platform serving retail customers through a unified web-based channel. The platform enables customers to access accounts, view balances and transactions, transfer funds, make bill and utility payments, manage beneficiaries, handle deposits and cards, download statements, and perform various self-service activities conveniently. Strong security capabilities include multi-factor authentication, OTP, device management, transaction signing, biometric authentication, and risk-based controls to protect customer transactions and information. A comprehensive administration and reporting layer supports customer management, transaction monitoring, configuration, audit trails, reporting, and channel analytics. The solution can be deployed on-premise, in private cloud, or through hybrid environments, with high availability, disaster recovery, and 24×7 support options.
CEFT Switch Services
PayMedia's CEFT Switch Solution enables financial institutions to connect securely and reliably to Sri Lanka's national electronic fund transfer network, facilitating real-time interbank fund transfers and related payment services. The solution acts as an integration layer between the institution's core banking and digital channels and the national payment network, managing the complete transaction lifecycle, including transaction processing, validations, responses, reversals, exceptions, and status handling. It is designed for 24×7 availability, with high-availability architecture, automated failover, transaction monitoring, and resilience mechanisms to ensure uninterrupted service. The platform also supports reconciliation, settlement, reporting, exception management, and audit requirements, while providing configurable transaction limits, fraud and risk controls, duplicate detection, and role-based administrative access.
Buy Now Pay Later (BNPL) Platform
PayMedia's Buy Now Pay Later (BNPL) platform enables banks, finance companies, payment service providers, and retailers to offer flexible instalment-based payment options across online, in-store, and mobile channels. The platform manages the complete BNPL lifecycle, covering merchant onboarding, customer eligibility, real-time credit decisioning, instalment plan selection, merchant settlement, repayment collection, and delinquency management. It can be configured to align with institutional credit policies, customer segments, transaction limits, merchant categories, and repayment structures. The solution supports pre-approved credit limits, digital onboarding, automated repayments, refunds, cancellations, and portfolio monitoring. Integrated risk management, affordability assessment, compliance, consent management, and audit capabilities help institutions maintain effective controls throughout the lending lifecycle.
PayDay Loan Platform
PayMedia's Payday Loan Facility provides a short-term salary advance solution that enables employees to access a portion of their earned salary before their regular payday. Designed for banks, financial institutions, and businesses looking to offer salary-based financing, the platform provides a simple and efficient digital experience for employees while supporting streamlined loan administration. The solution facilitates fast application processing, seamless verification, quick access to funds, and convenient repayment, helping employees manage short-term financial needs without lengthy procedures. PayMedia provides the technology platform and supporting capabilities required to operate the payday lending model, while the client institution or business manages the operational processes, customer relationships, and lending activities.
Pre-Approved Loan Facility
PayMedia's Pre-Approved Loan Facility enables financial institutions and fintech companies to provide fast, convenient, and digitally driven access to credit for eligible customers. The solution uses an intelligent eligibility engine to identify and assess customers who qualify for pre-approved loan offers, reducing the time and effort required to access financing. Through soft credit checks and configurable eligibility criteria, institutions can make informed lending decisions while maintaining appropriate risk controls. Customers can review their available offers and complete the loan process through a simple digital journey, with one-click or streamlined disbursement directly to their account. The platform integrates with core banking and financial systems to support seamless processing, while security and compliance capabilities help ensure safe and controlled lending operations.
Loan Origination System (LOS)
PayMedia's Loan Origination System (LOS) provides financial institutions with a comprehensive digital platform to streamline and automate the lending process from application to approval. The solution enables customers to conveniently apply for loans through digital channels, reducing paperwork and manual intervention. Automated verification capabilities help validate customer information and supporting documents efficiently, improving accuracy and reducing processing errors. The system supports faster and more consistent credit decision-making by leveraging customer data and configurable credit assessment processes. Digital customer onboarding further simplifies the lending journey, allowing institutions to onboard applicants quickly and provide a seamless experience. By automating key stages of the loan lifecycle, PayMedia LOS helps financial institutions reduce operational costs, improve processing efficiency, increase application and approval volumes, and accelerate loan delivery.
Corporate Banking
PayMedia's Corporate Banking solution provides financial institutions with a secure and comprehensive digital platform for SMEs, large corporates, and institutional clients. It supports complex user structures, role-based permissions, and configurable multi-level approval workflows aligned with corporate mandates. The platform enables businesses to manage single and bulk payments across multiple payment rails, including real-time, high-value, and bulk transfer services, while supporting payroll, supplier payments, scheduled transactions, and recurring payments. Comprehensive dashboards provide consolidated account visibility, liquidity monitoring, transaction reporting, and configurable alerts. With strong authentication, transaction controls, fraud management, and audit capabilities, it delivers a secure, scalable digital banking experience that enhances operational efficiency and strengthens financial institution–corporate relationships.
Electronic KYC Platform – SaaS
PayMedia's Electronic KYC (eKYC) Platform is a secure, scalable, and cloud-ready Software-as-a-Service solution designed to digitize and streamline customer onboarding and identity verification for financial institutions and regulated businesses. The platform enables organizations to perform end-to-end digital KYC processes with minimal manual intervention, improving onboarding speed, accuracy, compliance, and customer experience. It supports identity document scanning and OCR, document verification, facial matching, liveness detection, and digital signature capture. Integrated AML screening capabilities enable checks against PEP, sanctions, adverse media, and customer risk profiles to support regulatory compliance. The platform provides configurable workflows, real-time verification results, audit trails, and centralized monitoring, allowing institutions to manage onboarding efficiently and securely.
