Bank of Ceylon (BOC) has partnered with UnionPay International (UPI) to offer UnionPay QR code payment service in Sri Lanka. UnionPay is the first global card scheme to partner with BOC to enable QR code payment service in Sri Lanka, BOC announced.
With this collaboration, the Bank’s merchants with LankaQR will also accept UnionPay QRC, enabling UnionPay App holders to make payments in Sri Lanka. Anyone, who has a wallet with UnionPay QRC enablement can scan the Bank of Ceylon QR code at merchant locations and pay for goods and services.
“As the largest bank in Sri Lanka, we are proud to join the global card network, UnionPay, and introduce QR Code payments enabling all BOC SmartPay QR merchants to accept payments from any tourist or foreigner with UnionPay enabled QR App.
With this new facility, SmartPay App will be more popular among our merchants and the leading position secured by us in QR transactions in Sri Lanka will be improved further. So, this would be a good opportunity for both BOC and UPI to improve their business turnover and market share and enhance the digital footprint in Sri Lanka,’’ said General Manager, Bank of Ceylon, K. E. D. Sumanasiri.