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E-commerce & Cross-Border Retail: Pay Sri Lanka Suppliers Fast

Cross-border e-commerce businesses importing products for online retail and fulfillment Send LKR payments to Sri Lanka suppliers with t+0 (2.3s avg within unicorn network). Save 84% vs traditional banks.

Save £2,617 per £100k Payment

Typical savings for E-commerce & Cross-Border Retail paying Sri Lanka suppliers

Traditional Bank

£3,122

FX Spread: 3.1% + £22 fee

❌ 2-3 day settlement
❌ Hidden FX margins
❌ High correspondent bank fees
❌ Manual compliance checks

Unicorn Currencies

£505

FX Spread: 0.5% + £5 fee

✓ T+0 (2.3s avg within Unicorn network)
✓ Transparent pricing
✓ LankaPay available
✓ 0.14s automated compliance

Your Annual Savings

84%

£2,617 per £100k

At £100k-£2M monthly volume, save £31,404/year

Common Challenges: E-commerce & Cross-Border Retail in Sri Lanka

Industry Pain Points

High transaction volume, low individual values
Multi-marketplace multi-currency
Rapid inventory turnover
Returns and refund processing

Country-Specific Considerations

Central Bank of Sri Lanka FX regulations
Sri Lanka Customs documentation
VAT (15%) on goods and services
Board of Investment approvals for certain sectors

How Unicorn Solves E-commerce & Cross-Border Retail Payment Challenges in Sri Lanka

Fast Settlement: T+0 (2.3s avg within Unicorn network)

Use LankaPay for instant LKR settlement.Sri Lanka instant payment platform

Real-Time FX Exposure Tracking

Upload supplier invoices as PDFs. Our AI OCR extracts amounts and currencies. See exactly what waiting costs you in real-time. Lock rates for 15 seconds when you see a good rate.

0.14s Compliance Screening

Automated compliance checks for Sri Lanka regulations.Central Bank of Sri Lanka FX regulations handled automatically.

E-commerce & Cross-Border Retail Payment Profile

Understanding the payment dynamics of E-commerce & Cross-Border Retail when paying Sri Lanka suppliers

⏱ Payment Timing

T/T advance for new products. Established suppliers: Net 15-30. Marketplaces pay bi-weekly/monthly.

Settlement Priority: HIGH: Stock-outs lose Buy Box. Fast payment = priority fulfillment. Cash flow critical.

📄 Invoice Terms

T/T advance (new suppliers), Net 15-30 (established), Alibaba Trade Assurance.

Cash Flow Pattern:

Pay suppliers 30-60 days before marketplace payment. Q4 cash-intensive. Working capital gap is primary challenge.

📊 FX Risk Profile

HIGH: CNY (sourcing), multiple marketplace currencies (USD, EUR). High volume, thin margins (15-25%). Must manage closely.

Supplier Relationships:

Alibaba/1688 sourcing. Factory direct for volume. Trade Assurance for security. Multiple suppliers for supply security.

Common Documentation for E-commerce & Cross-Border Retail

Commercial Invoice
Product Compliance Certificate
Customs Declaration
Insurance Certificate
Tracking Documentation

Popular Sri Lanka Supplier Types for E-commerce & Cross-Border Retail

Common Sri Lanka Suppliers

Tea estates (Kandy, Nuwara Eliya)
Garment factories (Colombo, Katunayake)
Rubber producers (Western Province)
Gem traders (Colombo, Ratnapura)

Payment Tips for Sri Lanka

Sri Lanka = Ceylon tea leader, garment exporter
LankaPay enables instant LKR settlement
Colombo = Main business hub
Economic challenges - confirm supplier stability

Typical Transaction Size

£20k-£95k

Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Pay Sri Lanka Suppliers 84% Cheaper?

Join E-commerce & Cross-Border Retail businesses saving £2,617 per £100k payment with t+0 (2.3s avg within unicorn network).

Open Account View Sri Lanka Details

Bank of Canada registered PSP | FINTRAC licensed MSB