People’s Bank showcased its digital baking prowess yet again by completing a mammoth 5,822,504 transactions and dispensing Rs.65.3 billion from April 1 to April 15, 2021.
This includes transactions completed via the bank’s Internet banking, mobile apps ATMs, CDMs and kiosks.
People’s Bank has been at the forefront of providing digital financial services to the rural areas of the country and has gained unparalleled success in turning Sri Lanka into a digital society. The bank pioneered Self-Banking Units (SBUs), which was a concept that consisted of ATMs, CDMs and kiosks, which allowed customers to bank at their convenience, 24 hours a day, seven days a week, 365 days a year. The SBU concept has been a colossal success for People’s Bank.
Additionally, the bank’s People’s Wave and People’s Wyn apps have also changed Sri Lanka’s digital banking landscape.
The People’s Wave app has over one million downloads and consists of over 50 different financial transactions and a host of modern banking features to help make banking easier for customers. The People’s Wyn app was designed specifically for the corporate world, enabling business to authorise, approve and conduct corporate transactions such as transfers, payments, remittances and much more easily and securely.
People’s Bank began its digital transformation journey in 2015, from which time the bank has launched a plethora of diverse digital banking solutions to deliver enhanced convenience, speed and efficiency to customers.