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PayMaster
PayMaster provides a free app for Android and iPhone, designed around payments in Sri Lanka. It handles instant bank transfers, mobile top-ups, bill payments, card transactions and payments made by mobile number or Lanka QR. The provider says international senders can transfer money to Sri Lanka.…
Visit paymasterapp.com ↗ What it costs
- Free planprice, as published
- Oct 9, 2026read on
What PayMaster costs
- PayMaster Free
The provider lists one free PayMaster plan.
As apps.apple.com publishes them, read Oct 9, 2026. Fees, tax and exchange rates can differ when you pay; check the provider's own page first.
Its statement
- Fee shown before you pay
- Yes
- How fast it lands
- instant
- Free plan
- Yes
- Free trial
- Not stated
- Runs on
- iPhone Android Web
- Facts on record
- 27
Fee shown before you pay
Strengths and limits
Strengths
- Free plan for the PayMaster app
- Instant transfers between banks in Sri Lanka
- Bills, mobile reloads, cards and Lanka QR in one app
- Scheduled transfers and transfer tracking
- Available in Sinhala, Tamil and English
Limits
- Payment transactions are restricted to registered payees within Sri Lanka
- No separate transfer or exchange-fee schedule supplied
- No web or computer platform listed
What PayMaster does
PayMaster is a mobile payments app for everyday services in Sri Lanka. It enables instant transfers between Sri Lankan banks and supports bill payments, mobile reloads and other transactions.
According to the provider, money can be sent to Sri Lanka from any location worldwide. The app also lists mobile-number payments, Lanka QR payments, transaction history and in-app credit called Creddy.
Fees and plans
PayMaster lists a free plan. The pricing model is free, and the plan is named “PayMaster.”
The app shows fees upfront, but the supplied information does not state separate transfer charges, exchange-rate margins, card-payment rates or other transaction fees.
Where it runs
PayMaster runs on Android and iPhone.
On the phone app, users can make bank transfers, reload mobiles, pay bills, use cards, pay through Lanka QR and send payments by mobile number. Scheduled transfers and transfer tracking are also available.
Protection, as PayMaster describes it
PayMaster states that Sri Lanka’s Central Bank has authorized it to process mobile payments. It also reports security audits by Deloitte Sri Lanka and compliance with CBSL mobile-app guidelines.
Its described controls include PIN-based account access, identity verification when adding a payment instrument, and transaction approval through phone biometrics or an in-app payment password. The privacy policy lists firewalls, encryption, data-center access controls and information-access controls as safeguards.
Strengths
The app puts instant transfers between Sri Lankan banks alongside bill payments and mobile reloads. Users can schedule transfers and monitor their progress.
Cards, mobile numbers and Lanka QR are among the payment options. Language choices cover Sinhala, Tamil and English, while rewards challenges may award points redeemable for mobile reloads or utility payments.
Catches to check
The terms say the payment service is currently available for payments to registered payees within Sri Lanka. The supplied facts do not specify supported currencies, transfer limits, minimums or holds.
Although the provider says money can be sent to Sri Lanka from anywhere, the stated payment-service terms still focus on registered payees inside Sri Lanka. Check the recipient and payment route before relying on that distinction.
Who may want another app
PayMaster may not fit someone who needs payments outside Sri Lanka, a web or computer app, or published details on currencies, limits and transaction pricing.
Verdict
PayMaster suits people using an Android or iPhone for Sri Lankan bills, mobile reloads, QR or mobile-number payments, and instant bank transfers. Its free plan and scheduled-transfer and tracking features cover routine payment tasks.
It is a weaker match for users needing a desktop service, broader payment destinations or a detailed published fee and limit schedule. The provider’s stated authorization, audit and security controls describe its own position, not a guarantee about every transaction.
Who it suits
Pick it if
- Sri Lankan everyday payments on Android or iPhone
- Bills, mobile reloads and instant local bank transfers
- Users who want scheduled payments and transfer tracking
Skip it if
- You need a web or desktop app
- You need payments outside the stated Sri Lankan payee network
- You require published currencies, limits or transaction-rate details
Facts we read
- Additional payment featuresThe app listing includes paying by mobile number, Lanka QR payments, transaction history, and in-app credit called Creddy. · play.google.com, Oct 9, 2026
- Bank transfersThe site describes instant transfers between banks in Sri Lanka. · paymasterapp.com, Oct 9, 2026
- Upfront fee displayYes · paymasterapp.com, Sep 22, 2026
- Free planYes · paymasterapp.com, Sep 22, 2026
- Intended usersThe site presents PayMaster as a mobile payment app for everyday services in Sri Lanka. · paymasterapp.com, Oct 9, 2026
- International transfersPayMaster says users can send money to Sri Lanka from anywhere in the world. · paymasterapp.com, Oct 9, 2026
- Mobile platformsboth · paymasterapp.com, Sep 22, 2026
- Mobile reloads and billsThe app lets users top up mobile phones and pay bills. · paymasterapp.com, Oct 9, 2026
- Payment infrastructureThe app listing says PayMaster connects through LankaPay and Sampath Bank infrastructure and operates in compliance with CBSL mobile app guidelines. · play.google.com, Oct 9, 2026
- Payment processingThe older product page says users can pay by card, supported by Mastercard MPGS and Commercial Bank Sri Lanka. · paymasterapp.com, Oct 9, 2026
- PlatformsThe app is listed for iPhone and iPad on the App Store and for Android on Google Play. · apps.apple.com, Oct 9, 2026
- PrivacyThe privacy policy says PayMaster uses physical, technical, and administrative safeguards, including firewalls, encryption, data-center access controls, and information-access controls. · paymasterapp.com, Oct 9, 2026
- Recipient methodsbank · paymasterapp.com, Sep 22, 2026
- Regulatory and security claimsThe site says PayMaster is authorized by Sri Lanka’s Central Bank to process mobile payments and that Deloitte Sri Lanka conducted a security audit. · paymasterapp.com, Oct 9, 2026
On these lists
Use instead
Questions
Where may PayMaster payments be sent?
Under the terms, the payment service currently handles payments to registered payees located in Sri Lanka.
Is it possible to send money to Sri Lanka using PayMaster?
The provider says people worldwide can send money to Sri Lanka through PayMaster.
Which devices support PayMaster?
PayMaster is listed for Android and iPhone. No web or computer version is listed in the supplied facts.
Which payment options are available in PayMaster?
Available options include bank transfers, cards, mobile-number payments and Lanka QR, as well as mobile reloads and bill payments.
What security measures does PayMaster describe?
PayMaster describes PIN access, identity checks for added payment instruments, biometric or in-app password approval, encryption and other listed safeguards.
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