LankaQR rollout campaign launched | Page 2 | Sunday Observer

LankaQR rollout campaign launched

31 October, 2021

The LankaQR Nationwide Rollout Campaign was launched on  October 25 at the Central Bank to  popularise LankaQR payments among small and medium merchants and consumers, as the prevalent digital payment method in the country. 

Heads of several government departments, financial institutions, payment service providers, as well as heads of retail, health and media institutions were also present. 

Governor Ajith Nivard Cabraal said it is imperative to make digital payments fast, effective, easy and secure to popularise them among the  public.  The LankaQR code initiative was introduced by CBSL as a national QR Code Standard that provides a convenient digital payment solution using mobile devices. By scanning the LankaQR code, customers are able to make payments directly from their bank account to the accounts of merchants or service providers, promoting customer convenience, security and the use of digital transactions, as opposed to cash. LankaQR provides merchants with a low cost method of accepting digital payments. Twenty-one financial institutions have been certified to facilitate LankaQR transactions comprising 24 mobile applications, with LankaClear (Pvt) Ltd being the network service provider.

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