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.
Local News
Sri Lanka Launches Zero-Cost QR Payments to Boost Digital Economy.
April 4, 2026 at 8:32 PM
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.




