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iPay Services

LOLC iPay Logo

iPay, powered by LOLC Finance is an easy-to-use, real-time payment platform for everyone, facilitating transactions digitally without cash, debit or credit cards. You could simply complete the basic registration process and start enjoying the convenience of cashless, cardless transactions through the iPay app which is linked to your bank account.

The Revolutionary Payment Platform

iPay is a "revolutionary payment platform" which facilitates online, real-time cash handling and omni-channel payments. With an architecture that allows easy integration with any system, traditional, digital and eCommerce merchants, can all offer iPay services.


Instant Signup Get your registration within few seconds with no registration fee added

User Convenience iPay app is safer than carrying your wallet

Safe, reliable and convenient iPay is one of the safest solutions that can store all your account details

Speedy transactions Paying your payments by phone is fast and easy

Security is the top priority Highest security standards and safety from the beginning to the end of your transaction

Helps save and plan your time efficiently Faster access to your funds as transactions are settled on time

Fund transfer between two users You can easily transfer funds with any other iPay users

Multiple language support Now you can use iPay in Sinhala, Tamil and English versions

24 x 7 Care Pro-active user helpdesk on call for easy resolution of your queries.

Multiple Confirmation For each transaction, you will get multiple confirmations through SMS alerts & emails from iPay as well as payment confirmation from a bank account to perform the transaction


No registration fee There is no registration fee added

Less transaction process time Transactions performed within a few seconds

New Payment method Cashless transactions

24 x 7 Care Pro-active merchant helpdesk on call for easy resolution of your queries

Secured daily collection Your daily cash collections are safe now with iPay

Faster checkout transactions You can check your transactions daily, weekly and monthly easily

Instant and timely settlement The cash is automatically sent directly to your accounts within just a few seconds

Highest interest for iPay merchant savings account The interest of your iPay merchant savings account is higher than the normal savings accounts

No minimum or maximum commitment There is no limit for the monthly and annual payments you receive