Dialog Axiata PLC and Australian Govt. pilot digital payment platform in Northern Sri Lanka

Thursday, 30 November 2017 01:13 - - {{hitsCtrl.values.hits}}

The first eZ Cash transaction on the ATM takes place by Dialog customer, Shiroshini Maximin at the Jaffna Branch, whilst Australian High Commissioner to Sri Lanka Bryce Hutchesson, Dialog Axiata PLC Chief Operating Officer Dr. R. Rainer Deutschmann and Dialog Axiata PLC Senior General Manager – Mobile Money and DS Operations Janaka Jayalath look on

Sri Lanka’s premier connectivity provider, Dialog Axiata PLC and Australia’s Department of Foreign Affairs and Trade (DFAT) collaborate to pilot a digital payment platform roll-out across 200 ATM (Automated Teller Machine) locations in Sri Lanka’s Northern Province. The announcement was made recently at the launch ceremony held in Jaffna.

With Rs. 60 million from DFAT’s Business Partnerships Platform and Rs. 91 million of its own funding, Dialog intends to reach and support underbanked communities with its state-of-the-art digital payment retail system.

Customers in 200 locations will be able to withdraw money via eZ Cash across a wide network of corner stores and ATMs by just using their mobile phones. eZ Cash is a mobile wallet, which is licensed by the Central Bank of Sri Lanka. Customers can easily transact on-the-go and pay for goods, services and mobile reloads. Also, eZ cash customers can send and receive money between any mobile phone in Sri Lanka. Launched in 2012 as the world’s first cross-operator Mobile Money service, eZ Cash has not only won the hearts of its users, but also international recognition such as the Global Mobile Award for Best Mobile Money Service at the GSMA Awards 2015.

The Australian High Commissioner to Sri Lanka, Bryce Hutchesson, welcomed the initiative. “Our partnership with Dialog Axiata lays the foundation for the delivery of advanced digital and financial services to Sri Lankans in the Northern Province. I expect the pilot to generate tremendous learnings and impact, many times greater than our original investment. We live in a world where access to technology is an important equalizer of social and economic opportunity.”

Dialog Axiata PLC Group Chief Operating Officer Rainer Deutschmann noted, “The partnership between the Australian Government and Dialog Axiata PLC is an expression of our greater effort to propel digital and financial inclusion in the country. We aim to provide an inclusive, safe and low-cost payment platform to foster economic growth from the grassroots. Customers can safely and easily deposit and withdraw cash to and from their digital wallet, as well as transact in a cash-less way. This project is part of our wider Digital Transformation Initiative to support economic growth not just in the Northern region but across the whole country. The eZ Cash based platform shall stimulate new business opportunities for entrepreneurs and small retailers with a special focus on women retailers. Dialog will provide training and run parallel digital literacy programs to expedite adoption.”