People’s Bank app wins at ‘Asian Digital Finance and Awards’

People’s Wave Mobile Banking App by People’s Bank was recognised as the 'Best Mobile Electronic Payment Initiative' at the Asian Digital Finance Forum and Awards event held recently in Colombo.

People's Bank was represented at the event by Chairman Sujeewa Rajapakse, CEO/General Manager Ranjith Kodituwakku, and Chief Digital Officer Mangala Kariyawasam.

A media release by the bank said that People’s Wave is a revolutionary and the most downloaded finance app in Sri Lanka with over 1 million active users since its launch in 2018. Integrated to the bank’s core system, the app allows customers to carry out over 50 different banking transactions from the comfort of their homes or offices, without having to step into a branch. The app offers many useful features including balance inquiries of multiple accounts, loans and credit cards, payments, bill payments, transaction history, fund transfers to own or third-party People’s Bank or other bank accounts and set future-date transfers and standing orders. With over 70% per cent of active People’s Wave users outside the Western Province, the app has made a significant contribution to the bank’s mission of driving financial inclusivity.

Back in 2015, the bank embarked on an industry-leading digital transformation journey by taking a pioneering role in digitalisation and customer engagement. Since then, People’s Bank has been delivering a wide array of diversified, world- class digital banking solutions that have provided enhanced convenience, speed, efficiency and security to customers at every point in their interactions with the bank.