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Local News

Sri Lanka Integrates Full PayPal Functionality to Boost Digital Economy.

May 15, 2026 at 6:42 PM

After a decade-long negotiation period, Sri Lanka has officially launched full PayPal access, allowing local freelancers and SMEs to receive international payments directly into domestic bank accounts.

10 sources

Local News

Image Source : sundaytimes.lk

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

May 10, 2026 at 12:01 AM

10 sources

Local News

Image Source : newsfirst.lk

Sri Lanka Advances Efforts to Integrate PayPal for Digital Economic Growth.

May 7, 2026 at 5:39 PM

9 sources

Local News

Image Source : bizenglish.adaderana.lk

SDB Bank’s UPay Wallet Achieves Merit Honor at LankaPay Technnovation Awards 2026.

May 3, 2026 at 8:33 PM

18 sources

Technology•

April 30, 2026 at 7:47 AM

HelaPay Achieves Major Financial Milestone with Rs. 5 Billion in Transactions.

Sri Lankan digital payment platform HelaPay has surpassed Rs. 5 billion in total transaction value, reflecting strong public trust and rapid growth in the local FinTech sector.

7 sources

Technology

Tech Giants and Emerging Platforms Challenge UPI Market Concentration in India.

April 30, 2026 at 1:07 AM

Amazon, Meta, and other firms are lobbying India's NPCI to address the overwhelming market share held by PhonePe and Google Pay in the UPI ecosystem.

6 sources

Tech Giants and Emerging Platforms Challenge UPI Market Concentration in India

Finance

CDB Unveils Nation's First QR Sound Box to Revolutionize Merchant Payments.

Citizens Development Business Finance PLC (CDB) has launched Sri Lanka's first QR Sound Box, a device that provides instant voice confirmation for digital payments to boost merchant transparency and SME adoption.

April 27, 2026 at 8:31 PM

5 sources

Business

Image Source : myamazonguy.com

Amazon Sellers Revolt as Mounting Fees and Payment Delays Strain Business Operations.

April 26, 2026 at 9:42 AM

10 sources

Technology

Evolution of KOKO: Beyond Buy Now Pay Later in Sri Lanka.

An exploration of how KOKO has evolved from a simple Buy Now Pay Later app into a comprehensive fintech platform for daily expenses, with regional expansion plans underway.

April 24, 2026 at 6:58 AM

9 sources

Image Source : lankabusinessnews.com

Finance•

April 24, 2026 at 3:13 AM

Seylan Bank Launches Interest-Free Salary Advance Scheme for Professionals.

Seylan Bank has introduced an interest-free salary advance facility under its 'Seylan Accelerate' proposition, designed to provide financial flexibility for salaried professionals by allowing them to access a portion of their monthly income during urgent needs.

15 sources

Technology

Meta Launches 'Instants': A New Social Platform Focused on Low-Pressure Sharing.

April 23, 2026 at 6:40 PM

Meta has introduced 'Instants' in Italy, a new social media application designed for spontaneous, disappearing photo sharing, drawing inspiration from platforms like Snapchat and BeReal.

8 sources

Image Credit : en.wikipedia.org

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

Local News

Image Source : srilankachronicle.com

Commercial Bank Enhances Digital Payment Ecosystem through Bancstac Partnership.

April 19, 2026 at 7:14 PM

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

Allianz Lanka Enhances Digital Payment Infrastructure through WEBXPAY Collaboration

Image Source : sundaytimes.lk

Local News•

April 8, 2026 at 7:50 AM

Allianz Lanka Enhances Digital Payment Infrastructure through WEBXPAY Collaboration.

Allianz Lanka has partnered with fintech firm WEBXPAY to introduce a versatile digital payment ecosystem, including QR code, Tap & Pay, and installment options, aiming to provide a frictionless insurance experience for customers and agents.

9 sources

Technology

Cross Switch Integrates Absa Pay to Revolutionize Seamless Digital Payments in South Africa.

April 7, 2026 at 9:25 AM

Cross Switch has launched Absa Pay integration, allowing South African merchants to offer secure, bank-authenticated, and streamlined online payment options without compromising sensitive customer data.