Pay Bills with USDT in Sri Lanka Using CeyFi

TL;DR

You can pay bills with USDT in Sri Lanka through CeyFi, from a USDT balance on Binance, Bybit or KuCoin. You do not need a CeyFi account to pay. Its fee sheet lists bill payments and reloads as free. The Bills page lists 55 billers in nine groups, including electricity, water, mobile, internet and television. You pick a biller, enter the account details, and approve the payment in your exchange app. Each payment has a cap of 100,000, and CeyFi does not state the unit. CeyFi has not published how it sets the USDT amount.

Disclosure: CeyFi links in this article use my referral code. If you sign up through one, we both earn Pills, CeyFi's reward points. uvin.lk, my Bitcoin education site, uses CeyPay's merchant gateway.

Can I pay my bills with USDT in Sri Lanka?

CeyFi offers it. You hold USDT at an exchange, and CeyFi pays the biller in rupees. Whether this fits Sri Lankan law is less clear. The law section below gives the Central Bank's own words.

Say Dasun has USDT on Binance and a mobile bill to pay. He opens CeyFi, picks the mobile operator, and approves the payment in the Binance app. He does not sell the USDT first. He does not send it to a wallet. That is an example of the flow, not a record of a real payment.

CeyFi is the consumer app from the CeyPay team. It launched on 2 November 2026. I explain the whole app in CeyFi explained.

Do I need a CeyFi account to pay a bill?

No. CeyFi says: "Paying bills doesn't need an account" (CeyFi app↗). The CeyPay launch post says you can pay bills and reloads as a guest (CeyPay launch post↗).

Identity checks are for other things. You need a verified identity to sell USDT, add a bank account or receive money. You do not need one to pay a bill.

One thing I could not confirm: CeyFi's setup checklist says a passkey is needed before your first payment. Whether that applies to a guest, I do not know. If the app asks for a passkey, add it.

Which bills can I pay?

The Bills page lists 55 billers in nine groups. Here is the count:

That adds up to 55.

Names on the list include Dialog, Mobitel, Hutch, Airtel, SLT Postpaid, SLT Prepaid, LECO, eZ Cash, mCash, PickMe and Uber.

Three details are worth knowing:

• Electricity. The page lists "Electricity Distribution Lanka (EDL)" for the main electricity biller. The CeyPay launch post says "CEB". The names differ. Check the biller name against your bill before you pay.
• Mobile. Each operator has separate prepaid and postpaid options. Pick the right one.
• Television. The list includes Indian satellite TV operators, each marked "(India)".

How do I pay a bill with CeyFi? Step by step

These steps come from CeyFi's public Bills page and the CeyPay launch post. Exact button names can differ. If the screen differs from this list, follow the screen.

1. Check your exchange balance. You need enough USDT in Binance, Bybit or KuCoin. CeyFi pays from an exchange balance, not from a wallet.
2. Open the Bills page at finance.ceypay.io. You can do this on your phone browser. Check the address bar. Fake sites copy real ones.
3. Pick the biller. Find the group, then the biller. For mobile, choose prepaid or postpaid.
4. Enter your account details. The field name depends on the biller. For Dialog prepaid, for example, the label is "Mobile number", and CeyFi expects ten digits starting with 07.
5. Enter the amount. Each payment has a maximum of 100,000. The app does not state the unit. I assume rupees, but I could not confirm it.
6. Choose your exchange. The launch post names Binance Pay, Bybit Pay and KuCoin Pay. The Bills page says: "Pay straight from your exchange — No wallet transfers. Approve in the app."
7. Approve in your exchange app. Check the amount in the exchange before you confirm.
8. Keep your records. Save the receipt or screen. Check your biller account later to see that the payment posted.

Try CeyFi: sign up at finance.ceypay.io↗. This is my referral link. If you use it when you create your account, we both earn Pills, CeyFi's reward points. CeyFi has not published what a Pill is worth.

What does it cost?

CeyFi's fee sheet says bill payments and reloads are free (CeyFi app↗). That is the company's statement.

Two costs sit outside that line.

First, the exchange sets its own fees on its side. CeyFi says so.

Second, the rate. You pay in USDT, and the biller gets rupees. The USDT amount depends on the rate CeyFi uses. I found no published way to tell how close that rate is to the market. So "free" means no fee line. It does not prove the cheapest price.

Do a simple check. Compare the USDT amount with the rupee bill and a rate you trust. Here is an example with a made-up rate. A Rs 3,000 bill at Rs 300 per USDT works out to 10 USDT. If the app asks for much more than your own sum, do not pay.

Can I schedule a bill to pay itself?

Possibly, through Binance direct debit. The launch post describes the basic feature. You turn on Binance Direct Debit once. You set your own limit for each payment. After that you can pay bills in one tap (CeyPay launch post↗).

The launch post does not mention schedules. The app's code does. It describes bills paid for you on a schedule by Binance direct debit, at 9:00 AM on each run. Its default text says Binance allows five direct debits a day. I could not confirm that scheduling is switched on for users.

A limit protects you here. Set it low. A direct debit means an app can pull money from your exchange account, so set it only for bills you trust.

What if a payment fails?

If a bill payment fails after CeyFi receives your USDT, the app's code holds this message: "We received your USDT. Our team has been alerted and will retry the payment or refund you." It does not say how fast, or whether a refund comes back as USDT or rupees.

I have not tested it. Keep your receipt. Contact support if a payment does not post. CeyFi points to a Telegram group and the email [email protected].

What does the law say?

CBSL, the Central Bank, issued a notice on 29 March 2023. It said CBSL "has not authorized any [...] cryptocurrency exchanges, deposit-taking or custody services related to cryptocurrency" (CBSL↗).

CeyFi's footer says its regulatory status as a Virtual Asset Service Provider is "pending confirmation under Sri Lanka's evolving regulatory framework" (CeyFi app↗).

The CBSL Governor spoke at the Sri Lanka FinTech Festival on 3 November 2026. He said: "Under the current legal framework in Sri Lanka, digital assets, also called virtual assets, cannot be used for payments between residents" (CBSL speech↗).

I found no CeyFi statement on how bill payments fit that line, and I cannot tell you whether paying this way is lawful. Read is it legal to sell USDT in Sri Lanka for the primary quotes. This is not legal advice.

How is this different from selling USDT?

Paying a bill and selling USDT are two different flows. Selling sends rupees to your own bank account and needs verified identity. Bills go to a biller and need no account. My step-by-step guide to selling is how to sell USDT for LKR with CeyFi.

Your exchange stays a risk in both. CeyFi pays from your exchange balance, so you trust that exchange with your USDT until the moment you pay.

Try CeyFi: sign up at finance.ceypay.io↗. This is my referral link. If you use it when you create your account, we both earn Pills, CeyFi's reward points. CeyFi has not published what a Pill is worth.

Quick answers

Is paying bills with CeyFi free?

CeyFi's fee sheet says bill payments and reloads are free. Your exchange may charge its own fees. The USDT amount also depends on CeyFi's rate, which is not published.

Do I need KYC to pay a bill?

No. CeyFi says you can pay bills and reloads as a guest. KYC is needed to sell USDT, add a bank account or receive money.

What is the most I can pay at once?

Each biller in CeyFi's system has a cap of 100,000 per payment. CeyFi does not state the unit. There is no minimum listed.

Can I pay my CEB electricity bill?

The Bills page lists an electricity biller named Electricity Distribution Lanka (EDL), and LECO. The launch post says CEB. Check the name against your bill, and make a small first payment.

Can I pay for someone else?

The app asks for the account details of the bill, such as a mobile number. It does not say the account must be yours. Check the details carefully before you approve.

What I could not verify

• Whether the 100,000 cap is in rupees.
• The rate CeyFi uses for bills, and how it compares with the market.
• Whether a guest needs a passkey before the first payment.
• Whether the refund promise works as written.
• Whether scheduled bill payments are live for users.
• How bill payments fit the Governor's 3 November statement on payments between residents.

Key Takeaways

• You can pay 55 billers with USDT through CeyFi, as a guest, with no account.
• CeyFi says bill payments are free. Your exchange may charge its own fees, and CeyFi's rate still applies.
• Payment comes from your Binance, Bybit or KuCoin balance. You approve it in the exchange app.
• Each payment is capped at 100,000. The unit is not stated.
• Make a small first payment, check the biller name, and keep the receipt.
• CeyFi says its regulatory status is pending. Read the legal section first.

About the Author

I'm Uvin Vindula — a Web3 and AI engineer based between Sri Lanka and the UK, founder of uvin.lk↗, Sri Lanka's Bitcoin education platform, and author of The Rise of Bitcoin. I write plain-English guides so Sri Lankans can use crypto without getting burned. This is education, not financial advice. See my work at iamuvin.com or reach me at [email protected]↗.