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Local News

Sri Lanka and Nepal Launch Cross-Border Digital Payment Integration.

May 19, 2026 at 2:13 AM

Sri Lanka and Nepal have officially launched a cross-border QR payment integration, allowing Nepali tourists to use their domestic mobile banking apps to pay at over 400,000 LankaQR-enabled merchants in Sri Lanka.

2 sources

Sri Lanka and Nepal Launch Cross-Border Digital Payment Integration

Image Credit : sinhala.news.lk

Local News

Sri Lanka Integrates Full PayPal Functionality to Boost Digital Economy.

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.

May 15, 2026 at 6:42 PM

10 sources

Local News

Image Source : nepalontheweb.com

Sri Lanka and Nepal Unveil Seamless Cross-Border QR Payment System.

May 13, 2026 at 11:58 AM

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

Sri Lanka Advances Efforts to Integrate PayPal for Digital Economic Growth

Image Source : newsfirst.lk

Local News•

May 7, 2026 at 5:39 PM

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

The Sri Lankan Ministry of Digital Economy is in advanced discussions to introduce PayPal, aiming to empower local freelancers, boost foreign exchange earnings, and support SMEs in global trade.

9 sources

Local News

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

May 3, 2026 at 8:33 PM

SDB bank has secured a Merit recognition for its UPay digital wallet at the 2026 LankaPay Technnovation Awards, highlighting its contribution to Sri Lanka's retail digital payment landscape.

18 sources

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

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Technology

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The Rising Tide of Cybercrime: Protecting Your Assets in the Digital Age.

May 2, 2026 at 4:07 AM

18 sources

Technology

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.

April 30, 2026 at 7:47 AM

7 sources

Technology

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

April 30, 2026 at 1:07 AM

6 sources

Sri Lanka Faces New Financial Security Breach Following $625,000 Payment Disappearance

Local News•

April 29, 2026 at 1:36 PM

Sri Lanka Faces New Financial Security Breach Following $625,000 Payment Disappearance.

Following a major $2.5 million cyber theft at the Treasury, Sri Lankan authorities are now investigating a missing $625,000 payment intended for the U.S. Postal Service, raising concerns about systemic financial security vulnerabilities.

10 sources

Local News

Sri Lanka Financial Authorities Sound Alarm Amid Escalating Digital Scams.

April 29, 2026 at 4:31 AM

Financial authorities in Sri Lanka, including the Sri Lanka Banks' Association and FinCSIRT, have issued a critical warning regarding a sharp rise in online financial fraud targeting mobile users through malicious links and deceptive apps.

10 sources

Sri Lanka Financial Authorities Sound Alarm Amid Escalating Digital Scams

Image Credit : sundaytimes.lk

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

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

Local News

Image Source : sundaytimes.lk

Seylan Bank Secures Multiple Top Honors at 2026 LankaPay Technnovation Awards.

April 24, 2026 at 3:44 AM

7 sources

Technology•

April 24, 2026 at 3:18 AM

Mastercard Unveils Innovative Payment Tools to Boost Sri Lankan Small Businesses.

Mastercard has launched two new digital payment solutions, Soundbox and Cloud Commerce, in Sri Lanka to empower small businesses with affordable and efficient transaction tools.

8 sources

Finance

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

April 24, 2026 at 3:13 AM

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

Image Credit : lankabusinessnews.com

Local News

Analysis: Why Sri Lanka’s $2.5 Million Debt Payment Divergence Was Likely a Process Failure.

Experts suggest the diversion of a $2.5 million sovereign debt payment was likely a Business Email Compromise (BEC) rather than a complex cyber-attack, highlighting critical gaps in financial verification processes.

April 24, 2026 at 12:18 AM

4 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

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•

April 16, 2026 at 4:11 PM

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.

12 sources