Friday Nov 29, 2024
Friday Nov 29, 2024
Monday, 11 March 2024 00:09 - - {{hitsCtrl.values.hits}}
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An Indian tourist uses a Unified Payments Interface-enabled app for a transaction at Kingsbury Colombo
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Sri Lanka’s most customer-friendly bank, HNB PLC, recently rolled out Lanka QR payment acceptance for Indian and Chinese tourists through SOLO, facilitated by the recent partnerships of LankaPay with the National Payment Corporation of India and UnionPay International, a subsidiary of China UnionPay.
The partnership will boost tourism and enhance financial connectivity, enabling smoother transactions across borders and ushering in a new era of convenient payment methods for travellers, the diaspora and tourists using Indian and Chinese-based mobile payment applications.
“As we unveil the QR integrations, HNB reaffirms its role as a catalyst for innovation in the financial sector, driving the adoption of digital payment solutions that cater to a global audience. This initiative represents a bridge between cultures, economies, and individuals, streamlining transactions for tourists and reinforcing Sri Lanka’s position as a prime destination with unparalleled ease of access and convenience,” HNB Deputy General Manager – Retail Banking Group Sanjay Wijemanne said.
The QR integration to SOLO by HNB’s LankaQR-integrated merchants marks a pivotal moment in enhancing digital payment solutions for local and international users. By enabling transactions through Unified Payments Interface and UnionPay International, travellers with Indian or Chinese Mobile Payment Applications can now conveniently pay at any merchant outlets affiliated with Lanka QR deployed by SOLO using their domestic payment apps.
This initiative aims to empower large retail chains, MSMEs, and small vendors such as market stall owners, corner shops, and independent retailers. By offering them access to a broader range of digital payment options at tourist hotspots, HNB is fostering financial inclusion and supporting business growth. This collaboration enables businesses to accept payments securely and seamlessly, enhancing their potential and contributing to Sri Lanka’s economic development.
“These integrations with the LankaQR payment gateway represent a significant milestone in enhancing merchant adoption of digital payments. This initiative will undoubtedly catalyse the growth of Sri Lanka’s digital economy, offering greater convenience and security for Indian and Chinese tourists to make payments seamlessly via mobile applications,” HNB Assistant General Manager – Digital Business Chammika Weerasinghe said.
