HNB SOLO links with Lanka QR to drive cashless transactions | Sunday Observer

HNB SOLO links with Lanka QR to drive cashless transactions

29 November, 2020

Sri Lanka’s most innovative bank, HNB PLC, announced that it had successfully linked its increasingly popular digital Payment App, SOLO, with the newly launched Lanka QR standard.

Working in unison with the entire Sri Lankan banking and financial industry, the launch of Lanka QR is set to accelerate the adoption of QR code payments across the entire country and lay the foundation for the rapid expansion of digital wallets and cashless payments in Sri Lanka.

“For several years now, HNB has been among those leading the charge on cashless payments in Sri Lanka, leveraging on the rising popularity of our digital wallet, HNB SOLO.

With the launch of a common standard for all digital wallets, the Central Bank has cleared the way for merchants of all sizes to revolutionize payments across the nation.

“This is a remarkable achievement that will create unprecedented opportunity and convenience for SOLO users.

We commend CBSL officials for enabling such a paradigm shifting evolution in the payments space, and stand fully geared to support this major paradigm shift in cashless payments in Sri Lanka,” HNB Deputy General Manager – Retail and SME Banking, Sanjay Wijemanne said.