HNB promotes cashless transactions | Sunday Observer

HNB promotes cashless transactions

7 February, 2021

HNB PLC has partnered with the Central Bank of Sri Lanka to promote the Colombo-leg of ‘Rata Purama LankaQR’ campaign at Diyatha Uyana, to raise awareness and encourage the public towards cashless payments. 

Having already linked LankaQR to its digital payment app, HNB SOLO, the bank was among other financial institutions and telecommunication partners in joining efforts to make cashless QR-code based payments the standard for mobile phones and digital payments countrywide, in moving towards a cashless and digitally-savvy Sri Lanka. 

“The Central Bank’s national directive for banks and financial institutions to adopt and integrate LankaQR into their digital payment solutions has prompted an aggressive onboarding of merchants to the new payment solution across the country.

With our extensive customer base, SOLO is no doubt a significant contributor to this innovative initiative,” HNB Deputy General Manager, Retail and SME Banking, Sanjay Wijemanne said.

The QR system allows banks, financial institutions and telecommunication service providers to facilitate fast, secure and affordable digital payments to any merchant or service provider through their digital payment app or platform.

LankaQR is a common Quick Response (QR) code standard developed by the Central Bank of Sri Lanka.