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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