• Last Update 2024-07-22 10:58:00

People’s Bank embraces Lanka QR payments mode

Business

People’s Bank recently received certification from the Central Bank (CB) to launch Lanka QR payments that aims to revolutionize the payments landscape in Sri Lanka. 
As a bank in the forefront of IT and innovation, People's Bank’s digitalisation drive has witnessed a number of ground-breaking digital initiatives being launched in the local market in the recent past.  As an extension of this approach, People’s Bank will deploy LANKAQR, a common Quick Response (QR) code standard introduced and mandated to enable fast, secure and low cost digital payments islandwide, the bank said in a media release. 
Introduced by the CB, LANKAQR will ensure that Sri Lanka enters a new era of digital transactions. The official launch event, “Rata Puraama LANKAQR", was held at the CB premises recently where CB Governor Prof. W.D. Lakshman presented a token of appreciation to People's Bank Chief Information Officer Dhammika Dasa. 

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