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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

Image Credit : sundaytimes.lk

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

Local News

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

April 29, 2026 at 1:36 PM

10 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•

April 24, 2026 at 6:58 AM

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.

9 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

Local News

Allianz Lanka Enhances Digital Payment Infrastructure through WEBXPAY Collaboration.

April 8, 2026 at 7:50 AM

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.