Visa, the global payments technology company, launched a new roadmap that sets the direction for payments security in Sri Lanka for 2020 and beyond, in association with the Payment Card Industry Association of Sri Lanka (PCIASL).
Launching the Visa Future of Security Roadmap, Visa’s Head of Risk for Asia Pacific, Joe Cunningham said, “Securing the commerce ecosystem is a shared responsibility and everyone has a role to play in protecting the Sri Lankan consumers and businesses from breaches of any kind.”
“Visa has a principle of responsible innovation. We need to balance security with customer experience, ensuring no innovation compromises the integrity of the ecosystem. Towards this end, we are proud to unveil Visa’s Future of Security Roadmap for Sri Lanka which will continue to be updated as the commerce landscape evolves.”
In Sri Lanka, a growing interest in e commerce has fueled the country’s economic drive, giving many Sri Lankans the opportunity to engage with regional and global markets on line.
Chairman of Payment Card Industry Association of Sri Lanka (PCIASL), Thusitha Suraweera said, “The commitment shown by Sri Lankan institutions, merchants and the payments networks, including Visa, has led to ingrained trust in digital payments, trust that is well-deserved. Our collective responsibility is to continue protecting and delivering on this trust, as we enable new and exciting ways to pay.”
Visa’s Country Manager for Sri Lanka and the Maldives, Anthony Watson said, “New research commissioned by Visa around the world has found that people could be doing more to protect their personal and financial information in today’s digital world.”