People’s Bank receives CBSL certification to acquire Lanka QR Payments | Daily News


 

People’s Bank receives CBSL certification to acquire Lanka QR Payments

CBSL Deshamanya Prof. W.D. Lakshman presenting a token of appreciation to People’s Bank Chief Information Officer Dhammika Dasa. Director (Payments & Settlements) of CBSL Dharmasri Kumaratunge look on.
CBSL Deshamanya Prof. W.D. Lakshman presenting a token of appreciation to People’s Bank Chief Information Officer Dhammika Dasa. Director (Payments & Settlements) of CBSL Dharmasri Kumaratunge look on.

People’s Bank recently received certification from the Central Bank of Sri Lanka (CBSL) to acquire 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 digitalization 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 island wide. 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 the Governor of CBSL Deshamanya Prof. W.D. Lakshman presented a token of appreciation to People’s Bank Chief Information Officer Dhammika Dasa. Director (Payments & Settlements) of CBSL Dharmasri Kumaratunge looks also was present at this occasion.

Minister of Trade Bandula Gunawardena, State Minister of Money & Capital Market and State Enterprise Reforms Ajith Nivard Cabraal, State Ministers Shehan Semasinghe and Lasantha Alagiyawanna, Secretary to the Treasury S. R. Attygalle and People’s Bank Chief Executive Officer/General Manager Ranjith Kodituwakku also participated in the event.