PayMaster review
A mobile-first option for instant domestic transfers and everyday Sri Lankan payments.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
PayMaster is a mobile payment app for users in Sri Lanka, with a focus on domestic bank transfers and everyday payments. It supports transfers between Sri Lankan bank accounts, payments to a recipient’s mobile number, Lanka QR payments, mobile phone recharges, and utility-bill payments. Users can fund transactions through linked debit cards, credit cards, and bank accounts. Transaction history, scheduled transfers, and transfer tracking add useful record-keeping for individuals and small businesses managing recurring or routine payments.
The app’s pricing position is straightforward in one respect: domestic bank transfers are free. Applicable service charges are displayed in the application, while the published product details do not establish a broader public pricing structure or named paid tiers. That makes PayMaster easier to assess for users whose needs fit free domestic transfers, but less suitable for buyers comparing detailed fee schedules across payment services. In-app Creddy credit is included as an additional feature, although the available details do not describe its terms.
PayMaster’s main strength is its breadth within Sri Lankan mobile payments rather than international money movement. LankaPay and Sampath Bank are listed integrations, and the app is available on both iOS and Android. Authentication options include a PIN, identity verification, phone biometrics, and a payment password, with two-factor compliance also listed. The official terms and app materials contain inconsistent descriptions of security-audit providers, so organizations requiring a clearly documented audit posture should look for an alternative. PayMaster fits users who want domestic transfers, QR payments, bills, recharges, and mobile-number payments in one app; it is not the right choice for international transfers or non-mobile deployment.
PayMaster pros and cons
- Where it wins
- Instant transfers between Sri Lankan bank accounts
- Supports mobile numbers, Lanka QR, bills, and recharges
- PIN, identity, biometric, and payment-password authentication
- Where it doesn't
- Primarily limited to domestic Sri Lankan payments
- Available only through iOS and Android apps
- Applicable charges are shown in-app, without a public fee schedule
PayMaster fact sheet, pricing and score →
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