The Board of Investment of Sri Lanka has introduced a facility through which the customers of BOI have the convenience of making their payments online directly to BOI instead of physically visiting the institution to make payments.
This initiative has been facilitated via LankaPay Online Payment Platform, a real-time and online payment platform of LankaClear, the BOI said in a press release. “Such an initiative on the part of BOI clearly signifies the importance BOI places on providing a more efficient and convenient service to its customers,” it said.
“It is not only the customers of BOI who stand to gain from this initiative, but it also improve the internal efficiencies within BOI where activities related to physical payment acceptance and reconciliation will be reduced dramatically. This will save time of relevant staff and permit them to focus on other important core activities.” These endeavours would undoubtedly contribute towards the realisation of the vision of BOI which is to make Sri Lanka the most preferred destination for sustainable investments in Asia. Sampath Bank is the first bank to offer the online payment facility for BOI payments to their customers while a number of other banks will follow suit in the near future.
While there are number of staff at BOI whose untiring efforts culminated in making this initiative possible, LankaClear recognised the patronage of the senior management of BOI and the contribution of IT and Finance departments of BOI. At the ‘LankaPay Technnovation Awards2019’ ceremony held recenlty at the Shangri-La Hotel, the handing over of a plaque symbolised the positive stance taken by a State institution.
It also conveyed the appreciation of LankaClear to the Board of Investment of Sri Lanka for taking progressive steps forward to move Sri Lanka towards an economy less dependent on cash.