People’s Bank receives CB certification to acquire Lanka QR Payments
People’s Bank recently received the certification from the Central Bank of Sri Lanka (CBSL) to acquire Lanka QR Payments t hat aims t o revolutionise t he 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 groundbreaking digital initiatives being launched in the local market in the recent past.
As an extension of t his 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.
Introduced by the CBSL, LANKAQR will ensure that Sri Lanka enters a new era of digital transactions. The official launch event ‘Rata Puraama LANKAQR’, was held at the CBSL premises, where CBSL Governor Deshamanya Prof. W.D. Lakshman presented a token of appreciation to People’s Bank Chief Information Officer Dhammika Dasa.
CBSL Director Payments and Settlements Dharmasri Kumaratunge and People’s Bank Chief Executive Officer/general Manager Ranjith Kodituwakku also were present at this occasion.
Trade Minister Bandula Gunawardena, Money and Capital Market and State Enterprise Reforms State Minister Ajith Nivard Cabraal, State Ministers Shehan Semasinghe and Lasantha Alagiyawanna and Treasury Secretary S.R. Attygalle also participated in the event.