Cashless economy News

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Local News

People’s Bank Spearheads Digital Payment Revolution to Advance Cash-Lite Economy.

May 10, 2026 at 12:01 AM

People’s Bank is actively supporting Sri Lanka's transition to a cash-lite economy through the National QR Payment Adoption Programme, leveraging the 'People’s Pay' digital wallet to provide secure, fee-free transactions.

10 sources

People’s Bank Spearheads Digital Payment Revolution to Advance Cash-Lite Economy

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Travel

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Why Cash is King: A Traveler's Guide to Avoiding Hidden Costs in the Galápagos.

May 9, 2026 at 4:13 PM

16 sources

Local News

Bridging the Gap: How Sri Lanka is Shifting from Cash to Digital Payments.

Sri Lanka is focusing on behavioral shifts to move away from cash, with the Fintech Forum and global payment networks like UnionPay playing a pivotal role in promoting digital payment adoption.

April 20, 2026 at 2:37 AM

10 sources

Technology

Swiss National Bank Advocates for Increased Competition in Cashless Payment Systems.

The Swiss National Bank (SNB) is promoting measures to enhance competition within the digital payments sector to ensure greater efficiency, resilience, and lower barriers to entry for new financial service providers.

April 16, 2026 at 4:11 PM

12 sources

Sri Lanka Launches Zero-Cost QR Payments to Boost Digital Economy

Image Source : mawratanews.lk

Local News•

April 4, 2026 at 8:32 PM

Sri Lanka Launches Zero-Cost QR Payments to Boost Digital Economy.

The Sri Lankan government is set to introduce a zero Merchant Discount Rate (MDR) for QR-based payments to drive digital adoption, with banks absorbing the processing costs to support small businesses.

29 sources

Economy

The Hidden Costs of Growth: Why Capitalism Depends on Unpaid Labor and Nature.

April 1, 2026 at 3:51 AM

This article explores the fundamental contradictions of modern capitalism, highlighting its silent dependency on uncompensated care work and natural resources that remain excluded from economic accounting.

8 sources

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