LankaPay secures award at ASOCIO 2024 Awards in Japan
View(s):LankaPay, Sri Lanka’s national payment network, was honoured with the Best Public-Private Partnership Awardat the prestigious ASOCIO 2024 Awards, held on November 7 at the ASOCIO Digital Summit 2024 held in Tokyo, Japan. This recognition highlights the success of LankaPay’s unique business model and the importance of collaborating with both government and private sector entities to advance Sri Lanka’s digital financial ecosystem to drive the nation towards a digitally enabled economy, LankaPay said in a media release.
The ASOCIO Digital Summit 2024, organised by the Asian-Oceanian Computing Industry Organization (ASOCIO), is one of the most influential events in the Asia-Pacific region, bringing together thought leaders, industry experts and government officials to discuss the impact and the future of digital technology innovations.
LankaPay’s success at ASOCIO 2024 is a testament to the company’s leadership in creating an efficient, resilient and secure digital payment infrastructure in Sri Lanka. Through strategic partnerships with the government, financial institutions, large private sector organizations and SMEs, LankaPay has significantly contributed to enhancing financial inclusion in the country by providing secure, affordable and accessible financial services to every Sri Lankan.
LankaPay has become the cornerstone of Sri Lanka’s digital economy, offering a wide range of services, facilitating real-time interbank payments and enhancing mobile wallets, online banking and contactless payment solutions. LankaPay’s commitment to security has been instrumental in its long-term success. By ensuring the protection of user data and financial transactions via international best-in-class security certifications, the company has built a trusted platform that facilitates secure payments across Sri Lanka. These secure services have empowered businesses, government agencies and individuals across the country to securely carry out both online and on-premise digital financial transactions. LankaPay network has helped bridge critical gaps in financial access, particularly in underserved regions and enabled millions of Sri Lankans to be a part of a digitally enabled economy.
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