The country’s all-new M-ePay platform, enables people to transfer money via post offices.
Meet Nadeesha; a housewife living in one of the rural settlements around Anuradhapura in the North Central Province of Sri Lanka with her three young children and aging motherin-law. Her husband, Shehan, works as a security guard in one of the offices located on the urban side of
the city and is the sole breadwinner of his family. Each month, Shehan accumulates a sizeable portion of his income to send back home but is almost always faced with a virtually insurmountable obstacle.
“Rural areas in Sri Lanka do not usually have banks,” says T.M.D. Ekanayake, head of information communication technology division, Sri Lanka Post. The number of banks in the country stands at 14.12 for every 100,000; a figure higher than that of India’s 10.6. Alas, most of them are located in Sri Lanka’s urban areas, thus forcing many to rely on the country’s network of sub-post offices for the transfer of money by hand. However,