Sun, 25 Sep 2022 Today's Paper

DirectPay Goes Live with LankaQR for a New Era in Cashless Payments

16 September 2020 01:26 pm - 0     - {{hitsCtrl.values.hits}}

A A A

Mr. Sasindu Pathiranage – Chief Operating Officer/Co-Founder of DirectPay, Mr. Lakshan De Silva - Chief Growth Officer of DirectPay, Deshamanya Prof. W. D. Lakshman - Governor of CBSL, Mr. Kanishka Weeramunda - Director/Founder of DirectPay and Mr. Maduranga Ginigaddara - Chief Finance Officer of DirectPay 

DirectPay, a state-of-the-art fintech solution driving financial inclusion through cashless means, announced the launch of ‘LANKAQR’ - the National Quick Response (QR) Code Standard introduced by the Central Bank of Sri Lanka to reduce cash dependence and speed the proliferation of mobile payments.

The LANKAQR island-wide campaign kicked off from Matale, titled ‘Mataleta LANKAQR’ on 12 September at the CBSL Regional Office, Matale. The Chief Guest of this inaugural ceremony was Central Bank Governor Deshamanya Prof. W.D. Lakshman and saw the participation of many officials from the partnering banks, fintech companies, financial institutions and prominent government authorities. 

The interoperable network will enable merchants, individual customers, and service providers to be linked together to complete payments using the same code regardless of the service provider or scheme. 

The DirectPay mobile application which facilitates LankaQR payments is available for Android and iOS-based devices. It comes in the form of two separate mobile apps; ‘DirectPay Customer App’ and ‘DirectPay Merchant App’, to cater to the specific needs of customers and retail merchants. Merchants will be able to use the QR code to present a request for payment to a consumer, who can use their mobile devices to scan, verify and approve a payment, or reject the request. Multiple payment types are supported, information can both be fixed in a static QR code and used for multiple transactions, or a dynamic QR Code can be used for individual transactions.
The initiative to strengthen the ‘Ratapuraama LANKAQR’ public awareness campaign is in line with the Central Bank’s “2020-Year of Digital Transactions”, which aims to support digital transformation projects and fulfill aspirations to create a cashless society.

 

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Sri Lanka’s 60 Shades of White

Parliamentarians—so-called supreme legislators—wear white, the colour of

To benefit of our next generation We must conserve our environment

There is no doubt that the economic crisis which Sri Lanka is facing at the m

How shortsighted and greedy Govts. destroyed agriculture

According to the latest World Bank assessment Sri Lanka ranks fifth among cou

The Queen: End of a long-ended era - and new world order

The Queen is dead. With her, the Second Elizabethan era came to an end. Duri


MIRROR CRICKET