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CDB Launches Sri Lanka's First QR Sound Box to Drive Financial ...
Citizens Development Business Finance PLC (CDB) has introduced Sri Lanka’s first QR Sound Box, offering real-time voice confirmation for payments, enhancing transparency and supporting SMEs in the transition to a cash-lite economy. The Sound Box delivers real-time voice confirmations on payment transactions A dual-purpose payment solution empowering SMEs, drives financial inclusion and supports Sri Lanka’s cash-lite economy Citizens Development Business Finance PLC (CDB) has introduced the Sound Box as part of its continued focus on digital payment solutions in Sri Lanka. The device provides instant voice confirmations for QR payment transactions, contributing to improved merchant convenience, transaction transparency, and broader digital adoption, particularly among SMEs. The QR Sound Box eliminates the need for merchants to manually verify payments via mobile devices, providing instant audio confirmation of successful transactions. Designed as a versatile payment device, it supports QR transactions and is equipped with built-in card acceptance capability, with card payment services to be introduced by CDB in line with its future provisions. This innovation enhances transaction transparency, merchant confidence, and customer trust, while driving adoption of digital payments across cash-heavy environments such as markets, fairs and pop-up stores. Chief Sales & Digital Business Officer of CDB, Hasitha Dassanyake added: “The QR Sound Box reflects our commitment to empowering merchants and accelerating digital adoption. By addressing key pain points in transaction visibility and trust, we are reinforcing CDB’s role as a leader in financial services innovation and supporting Sri Lanka’s transition towards a cash-lite economy.” About CDB Citizens Development Business Finance PLC (CDB) is the fourth largest Non-Bank Financial Institution in Sri Lanka and recognized as one of the most innovative financial institutions in the country. Its strong commitment to sustainability, corporate governance, accountability and transparency, CDB’s corporate stewardship also encompasses disrupting the financial services industry with far-reaching technological innovations and cutting-edge financial solutions.
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... financial inclusion and accelerating digital transformation in Sri Lanka. ... For the very first time in Sri Lanka, CDB introduces the Sound Box ...
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For the very first time in Sri Lanka, CDB introduces the Sound Box — delivering real-time voice confirmations for every QR payment and bringing unmatched ...
