6 Merchant Wallet Account Success Stories [2023]

Updated: July 24th, 2023
Start A Merchant Wallet Account

Here are some real life success stories of starting a merchant wallet account:

1. shurjoPay ($24M/year)

Fida haq (from Dhaka, Bangladesh) started shurjoPay about 13 years ago.

Revenue
$2M / month
Team
2 founders / 150 employees

Case Study

Hi! This is Fida Haq and I am the MD and CEO of shurjoPay since its inception in 2010.

During Q1 of 2021, shurjoPay is averaging a transactional volume of USD 1.5M per month with the total number of merchants exceeding 600. We believe shurjoPay's impact in bringing about a change in the country’s online payment collection system has been transformational.

how-we-developed-a-1-5m-month-online-payment-gateaway

Learn more about starting a merchant wallet account:

Where to start?

-> How much does it cost to start a merchant wallet account?
-> Pros and cons of a merchant wallet account

Need inspiration?

-> Examples of established merchant wallet account
-> Marketing ideas for a merchant wallet account

Other resources

4. Paytm Shop

PaytmKaro for instant payments via UPI using any bank account (No KYC needed) or Paytm wallet. Download App and link to UPI. Do Mobile prepaid recharge, Utility bill payments, DTH Recharge for Airtel, Sun Direct, Tata Sky, Dish TV. Also Book Movie, Events & Travel tickets on Paytm.

  • Estimated revenue: $35M/month
  • Website traffic: 8.34M/month
  • Business rank: #1.3K

Check out their full website ➜

5. WebMoney — Universal Payment System

WebMoney Transfer is a global settlement system and environment for online business activities

  • Website traffic: 2.35M/month
  • Business rank: #3.39K

Check out their full website ➜

6. Braintree

Reach more buyers and drive higher conversion with an online payment solution that processes PayPal, Venmo, credit and debit cards, Apple Pay, and Google Pay.

  • Website traffic: 500K/month
  • Business rank: #8.36K

Check out their full website ➜

Pat Walls,  Founder of Starter Story
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