LankaClear Archives

February 10, 2022

Colombo, February 10, 2022 – SLT-MOBITEL’s mobile money platform, mCash takes another step forward in widening its service portfolio by partnering with ‘Lanka Remit’, the national remittance app launched in a ground-breaking initiative to offer Sri Lankan citizens overseas, a new safe and low-cost remittance channel.

Developed and introduced by Lanka Clear (Pvt) Ltd, the National Remittance Mobile Application ‘Lanka Remit’ was launched on February 8th, 2022 at the Central Bank of Sri Lanka. The event was graced by chief guest Minister of Youth and Sports, Minister of Development Co-ordination and Monitoring, and State Minister of Digital Technology and Enterprise Development Namal Rajapaksa, Central Bank Governor Mr. Ajith Nivard Cabraal together with senior officials from Central bank of Sri Lanka and Partner institutions. SLT-MOBITEL mCash is proudly among the first partners of this national initiative, helping the nation’s progress in the journey towards digitalization. “Lanka Remit” aims to facilitate the timely requirement of enhancing inward remittances to Sri Lanka and inaugurating a remittance corridor that is digital, affordable and convenient for all.

Through a core proposition of driving innovation and improving customer experience, SLT-MOBITEL’s mCash has transformed the mobile money concept in Sri Lanka by introducing trailblazing features, constantly creating ways in which mCash can be more inclusive and adapted to customer lifestyles. Services offered by mCash include sending and receiving money, mobile reloads and fixed bill payments, utility, insurance, finance and leasing payments, online and in-store shopping payments including LANKAQR and Agency banking services among many others.

The ‘Lanka Remit’ mobile app is equipped with features such as self-registration, links to global money transfer operators and global fin-tech giants to facilitate inward remittances from any country, instant fund transfers to any bank account or mobile wallet in Sri Lanka. Additional value-added services offered by app includes direct bill payments, attractive foreign exchange rates and low transaction fees, and real-time updates on inward remittances displaying processing stages.

February 10, 2022

The Commercial Bank of Ceylon has announced that it has joined the national remittance mobile application ‘Lanka Remit’ as a participating bank, to support the Central Bank’s latest initiative to facilitate inward remittances to the country.

At the formal launch of ‘Lanka Remit,’ Commercial Bank Chief Operating Officer and Executive Director Mr Sanath Manatunge received a plaque in recognition of the Bank’s participation in this national project to increase the inflows of foreign remittances. The plaque was presented by the event’s Chief Guest Hon. Namal Rajapaksa MP, Minister of Youth and Sports, Minister of Development Coordination and Monitoring and State Minister of Digital Technology and Enterprise Development.

Developed by LankaClear (Pvt) Ltd., with the support of partner banks, the mobile application provides Sri Lankans working overseas direct access to the existing remittance channels, and enables them to choose more convenient and cost-effective channels to send money to Sri Lanka.

One of the most active players in the country in the field of remittances, Commercial Bank launched a series of remittance promotions last year. The latest of these ‘Win a Million’ is an on-going campaign that will make four instant millionaires in four months. The Bank pioneered the eRemittance in 2003 and launched Sri Lanka’s first Remittance Card in 2016 complete with a cash advance loan facility against emergencies.

To further cater to this segment, the Bank launched ‘ComBank RemitPlus’ in 2019 to enhance access to remittance-related information and services. It also operates 24/7 remittance processing units and has installed dedicated remittance counters at its main branches. The Bank has specially trained Business Promotion Officers (BPOs) and Business Promotion Agents (BPAs) stationed in Middle Eastern countries and in South Korea, and in the past year conducted eForums to promote investment opportunities in Sri Lanka.

One of the Bank’s key strengths in serving the remittance needs of customers is its island-wide network of 268 branches, many of which remain open on public, bank and mercantile holidays, and its network of 938 ATMs, which is the largest automated cash dispensing system owned by a single private bank in Sri Lanka. Recipients of remittances sent to the Bank enjoy many benefits such Holiday Banking Centres and supermarket counters, a dedicated customer support call centre for remittances and SMS alerts facilities once the remittance is received and is ready to be paid out.

Commercial Bank is Sri Lanka’s first 100% carbon neutral bank, the first Sri Lankan bank to be listed among the Top 1000 Banks of the World and the only Sri Lankan bank to be so listed for 11 years consecutively. It is the largest lender to Sri Lanka’s SME sector and is a leader in digital innovation in the country’s Banking sector. The Bank’s overseas operations encompass Bangladesh, where the Bank operates 19 outlets; Myanmar, where it has a Microfinance company in Nay Pyi Taw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.

January 28, 2022

Thursday 27^th January 2022, Colombo: Cargills Online has become the first and currently the only e-commerce platform in Sri Lanka to integrate LANKAQR for delivery thereby providing greater convenience to its customer base together with its wide merchandise offering. LANKAQR is a project initiative from the Central Bank of Sri Lanka to ensure all QR codes and QR based transactions in Sri Lanka are standardized and interoperable.

How many of us have ordered groceries online and not received most of the order? Cargills Online revolutionised the grocery supply chain in Sri Lanka by introducing the dark store to solve this issue. Cargills Online offers the freshest produce and one of the range of products, providing a convenient, hassle-free delivery where customers can order weekly groceries in less than 2 minutes. Deliveries are efficiently carried out by professional delivery agents with consistent on time delivery. The dedicated customer experience team ensures that higher customer satisfaction at all times. In addition to LANKAQR, Cargills Online also offers cash and card on delivery and online payments. Cargills Online can be accessed via the App available on Android & iOS and the website https://cargillsonline.com/. Customers can use the mobile app or visit the website and select LANKAQR as the payment method. When the Cargills team delivers the order, the customer can use any payment app to make the payment using LANKAQR. Even if the payment option is selected as “Card On Delivery” or “Cash On Delivery”, the customer can pay via LANKAQR once the goods arrive.

Hon. Namal Rajapaksa – Minister of Youth & Sports, Minister of Development Co-ordination and Monitoring and State Minister of Digital Technology and Enterprise Development stated, “Sri Lanka is currently undergoing a revolution as we aim to deploy the latest technology so that we can increase financial inclusion in the country, strengthen trade and drive the economy towards prosperity. I am excited to see Cargills Ceylon coming forward to support us in this national effort. LANKAQR is one such initiative that we have conceptualized with the support of the Central Bank and LankaClear. A notable fact is that LANKAQR was entirely developed by using Sri Lankan expertise.”

Mr. Ajith Nivard Cabraal – Governor of the Central Bank of Sri Lanka commented, “The Central Bank of Sri Lanka introduced LANKAQR in partnership with LankaClear to fast track Sri Lanka’s journey towards becoming a cashless society while also boosting financial inclusion. SMEs are the engine of growth in the country and it is important for us to give them all the resources and support necessary to achieve their fullest potential. I thank Cargills Ceylon for joining hands with us to take this technology to its large, island wide customer base.”

Mr Asoka Pieris – Managing Director Cargills Foods Company (Pvt) Ltd, “Cargills’ continued commitment and passion to improve the lives of all Sri Lankans led us to Cargills Online and ensured that customers can continue to purchase groceries at home while still enjoying the supermarket experience. By integrating LANKAQR, our valued customers will have even more flexibility when it comes to paying for their goods. We are proud to be the first and currently the only e-commerce platform in Sri Lanka to integrate LANKAQR for delivery.”

LANKAQR was introduced by the Central Bank together with licensed financial institutions and LankaClear (Pvt) Ltd with the aim of moving Sri Lanka towards a less-cash society and increasing financial inclusion across the country. LANKAQR allows customers to make payments, directly from their bank accounts to accounts of merchants or service providers, using payment apps of LANKAQR certified financial institutions. LANKAQR is a low-cost digital payment solution, which primarily targets small and medium enterprises (SMEs).

December 28, 2021

In a noteworthy effort to help Sri Lanka’s economy by saving valuable foreign exchange, Peoples’ Bank in yet another important national initiative, partnered with LankaClear to issue and acquire payment cards under the National Card Scheme (NCS).

Thus, People’s Bank became the first bank in the country to join this initiative as both an acquirer and an issuer.

NCS was introduced in 2017, under the guidance and approval of the Central Bank, with the objective of issuing a globally accepted local payment card as a cost-effective alternative to the current International Card Schemes operating in the country. LankaClear’s quest as the operator of the country’s national payment network – LankaPay has been to minimize the cost structure within the financial sector through a common infrastructure thereby reducing the cost to the banks, customers and the country as a whole. The LankaPay/JCB cards issued under the NCS will route all domestic transactions locally and only overseas transactions will be routed via the JCB network, an International Card Scheme based in Japan, which is a member of the EMVCo. (EMV® is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC). This initiative will ensure that no foreign exchange outflow takes place for any local transaction unlike in the case of using other international card schemes. This could potentially save the country a large amount of foreign exchange for local transactions from the use of debit/credit cards issued under other international card schemes.

As a result of this initiative, over 4,000 of merchants of People’s Bank across the country will be able to accept LankaPay/JCB co-branded cards in their POS terminals. Domestic usage of these cards will bring down the current merchant commission (MDR) of around 3% to a much lower 1%, which will make card transactions more acceptable to the merchants. This benefit is expected to be passed down to the customers as most merchants currently add this commission to the value of the good, which has been a primary reason for slow penetration of card payments in the country.

Furthermore, People’s Bank is ready to commence issuing LankaPay/JCB co-branded cards to their customers. While cardholders are likely to benefit from reduced merchant discount rates, they will also enjoy 50% reduction in the applicable charges for interbank ATM cash withdrawal via this card.

Commenting on the bank’s achievement, People’s Bank CEO/GM, Mr. Ranjith Kodituwakku stated “As the country’s leading digital banking service provider People’s Bank remains committed to pioneer any technological innovation for the betterment of the country and the customers. We are especially delighted to be a part of this initiative which saves valuable foreign exchange for the nation in this hour of need as a nation minded organization”.

Welcoming People’s Bank aboard, GM/CEO LankaClear, Mr. Channa de Silva stated “we are delighted to welcome People’s Bank to this national initiative, which marks an important milestone in this journey that began in 2017. Being one of country’s pioneering state banks, which has its footprint in every nook and corner of the country, our partnership with People’s Bank has given this effort a renewed impetus. From a macro point of view, billions of rupees are currently taken out of the country every year for using other international card schemes. This initiative will help curtail this foreign exchange outflow for local transactions while bringing greater autonomy to the country’s financial sector. We believe that this will be of great importance to our country at a time where there is significant reduction in the foreign exchange inflow due to the pandemic, which will help to stabilize the country’s economy.”

A unique feature of this card is the 2 in1 capability where there is a stored value element in addition to debit/credit feature. Based on this card, the Central Bank and Ministry of Transport is about to launch the Sri Lanka Transit Card to be used in public transport as a prepaid top-up card. People’s Bank has been an integral part of this national endeavour from its inception in addition to Sri Lanka Transport Board and National Transport Commission.

Peoples’ Bank has the largest customer base of 14 million customers in the country and also the largest branch network of 741 physical contact points to serve them. The bank also provides its services 24 hours a day, 7 days a week and 365 days a year via its Self-Banking Units amounting over 250 across the island. The bank also has played a pivotal role in taking digital banking benefits to the masses and thereby has positioned itself as the leading digital banking service provider in the country.

October 5, 2021

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The Commercial Bank of Ceylon has announced it is now accepting digitally signed documents from business customers using LankaSign operated by LankaClear, the only commercially operating Certification Authority in the country which complies with the Electronic Transactions Act.

The Bank recently signed a Memorandum of Understanding with LankaClear as the first step towards embracing digital signatures. Commercial Bank is the first entity in Sri Lanka’s financial sector to adopt LankaSign digital signatures for document signing.

In the first phase of this development, the Bank will encourage its corporate customers to submit their online banking applications signed digitally. Acceptance of digital signatures will be extended to other banking related documents shortly, the Bank said.

Commenting on the roll out of digital signature acceptance for the Bank’s customers, Commercial Bank Managing Director Mr S. Renganathan said: “While technology offers unparalleled convenience and advantages to financial institutions and their customers, there are security and fraud related risks. With the exponential increase in the use of electronic transactions, the need for advanced IT security infrastructure becomes critical in order to eliminate these risks. The introduction of the digital signature feature powered by LankaSign is therefore another important step in this direction.”

“Additionally, the adoption of digital signatures is an advance in convenience for our corporate customers, especially during the pandemic,” Mr Renganathan said.

Digital signatures help businesses save on cost and time with documents and contracts signed off with a click of a button, eliminate the need for indirect costs and costs related to wet signatures, enhance workflow efficiency and provide a better customer experience. They are highly secure and reduce the risk of duplication or alteration of the document or the signature itself, are legally valid, and are environment-friendly because they contribute towards reducing waste.

LankaClear launched Sri Lanka’s first Digital Certification Authority under the brand name LankaSign in accordance with the Electronic Transaction Act, No.19 of 2006 in May 2009. In its first phase LankaSign provided digital certificates to Banks to be used in financial transaction clearing systems, such as SLIPS and CITS. In 2011 LankaSign launched its second phase by providing digital certificates for all financial sector enterprise applications, SSL Certificates and End Users (E-mail/Document signing) Certificates on both private and public networks. Offering an affordable option to the country’s financial sector, LankaSign has helped in automating documentation work which was previously done manually. It also introduced the facility of issuing digital certificates in real-time for digitally signed and authenticated electronic documents for mobile-based payment applications.

Speaking of this partnership with ComBank, Mr Channa de Silva, General Manager/CEO of LankaClear said: “We applaud Commercial Bank on their progressive move towards introducing LankaSign Digital Signatures for document signing to customers. At a time when travel restrictions are in place and banks themselves operate with limited staff, we believe this initiative is timely and customer friendly. Furthermore, it will also provide much needed assurance of integrity, non repudiation and authentication for all digitally-signed documents, which is essential in safeguarding the interest of the Bank and its customers in the face of rising risk of cyber security threats.”

Sri Lanka’s first fully carbon neutral bank, the first Sri Lankan bank to be listed among the Top 1000 Banks of the World and the only Sri Lankan bank to be so listed for 11 years consecutively, Commercial Bank operates a network of 268 branches and 931 automated machines in Sri Lanka. The Bank’s overseas operations encompass Bangladesh, where the Bank operates 19 outlets; Myanmar, where it has a Microfinance company in Nay Pyi Taw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.

July 27, 2021

Sri Lanka’s most digitally-innovative private sector bank HNB PLC, joined hands with LankaClear (Pvt) Ltd. to pioneer the real-time online direct payment facility to the Inland Revenue Department (IRD) through its corporate payment solutions platform PAYFAST.

The partnership offers HNB business clients’ direct access to the IRD 24/7 throughout the year for payments directly from their accounts connected to HNB PAYFAST. The funds will be credited to the Department’s accounts in real-time, with customers provided with a digital proof of payment when the transaction is complete.

HNB PAYFAST is among the most cost-effective digital banking solutions for HNB clients, without any hidden charges, facilitating multiple online transactions by debiting the company’s HNB account and crediting multiple beneficiary accounts at any bank of the user’s choice. Through the convenience of PAYFAST, clients process salaries, supplier and dividend payments, and make EPF/ETF contributions with greater ease.

HNB guarantees that absolute confidentiality is maintained with all transactions and has taken measures to strengthen and upgrade the system’s security features. Internal security experts are regularly consulted to ensure that user data and privacy is not compromised.

HNB offers various digital solutions to all customers and their businesses, which has earned them the acclaimed title of “Partner in Progress.” The bank caters to a wide range of businesses, including SMEs, emerging corporates, and high-end corporate brands, with the latest in digital banking technology.

Aligning with this vision, PAYFAST is aimed at improving digital banking opportunities for all customers to promote their integration into a technologically advanced economy.

With 252 customer centres across the country, HNB is one of Sri Lanka’s largest, most technologically innovative banks, having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. The bank was also ranked among the World Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine for five consecutive years. HNB has a national rating of AA- (lka) by Fitch Ratings (Lanka) Ltd.

HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020, in addition to winning the coveted Best Retail Bank in Sri Lanka Award for the 11th time at the Asian Banker Awards 2020, in recognition of its sustainable growth and continuous improvements in processes, products and services amidst a challenging macroeconomic environment.

June 2, 2021

Top economist and senior banker, Dr. Kenneth De Zilwa assumed duties as the 5^th Chairman of LankaClear after being appointed by the Central Bank Governor Prof. W.D. Lakshman for a term of three years effective from 1^st June 2020. He succeeded another veteran banker, Mr. Anil Amarasuriya who completed an illustrious six-years as the Chairman.

Established in 2002, LankaClear is the operator of the country’s national payment network – LankaPay and is regarded as one of the most successful public-private partnerships in the region. Functioning under the guidance and supervision of the Central Bank, the Company has been playing a key role towards the financial sector growth and stability by facilitating domestic interbank payments and settlements by driving payment technology innovations and promoting cashless payments in the country thereby harnessing financial inclusivity. Being an ex-banker and a top economist, Dr. De Zilwa’s appointment to LankaClear comes in at a crucial juncture for the country, where LankaClear’s role has become even more critical with Sri Lanka’s digital journey gaining vigor with multiple macro-economic developments and emerging opportunities, which are set to create an unprecedented demand for digital payments in the country. Having worked at Citibank N.A. and HSBC, Dr. De Zilwa counts for over 20 years of experience in banking and managing business at senior managerial level across all verticals and brings with him a wealth of knowledge and exposure that would undoubtedly add value to LankaClear, thus, contributing immensely to the growth and stability of the financial sector.

Dr. De Zilwa is well known for his expertise in Treasury, especially in the areas of risk management, money markets and debt markets, in both domestic and international financial markets, alike. At HSBC, Dr. De Zilwa played a significant role in handling the derivative markets with his exceptional knowledge and exposure to capital markets and domestic debt products. During his stint at HSBC, Dr. De Zilwa was a part of the Global Advisory team for Government of Sri Lanka USD Bond Issuance and worked closely with the senior officials of the Central Bank in drafting guidelines for the market. At Citibank, as a senior manager, Dr. De Zilwa headed Fixed Income Currencies and Commodities (FICC) and was responsible for guiding and developing policy decisions of the bank. During his tenure, he was entrusted with the bank’s liquidity, business plans, profitability, product development, currency and interest rate risk positions in addition to ensuring balance sheet growth.

Dr. De Zilwa was also the President of the Sri Lanka Forex Association and has been instrumental in setting up of the ACI Market Ethics Committee, Education Committee and a Regulatory Framework while inspiring and leading the Association to new heights. Under his leadership, Forex was able to gain full membership of ACI International and make the Association internationally reputed, owing to his vast knowledge, experience and exposure. He was appointed Secretary for the ACI Model Code Committee by Central Bank and was responsible for Sri Lanka’s First Interest Rate Option and Currency Derivative Transactions and also developed the First Islamic Finance Rupee Bond (i.e. Sukuk).

Dr. De Zilwa has undertaken consultancy assignments from top firms namely, KPMG, PwC Sri Lanka and with UNDP as a consultant to the Ministry of Finance & Planning. He also provides treasury consultancy for Amana Bank PLC as the first Islamic bank, NDB PLC, Union Assurance PLC, Brandix, First Capital Treasuries Ltd, Dialog PLC, Ceylon Electricity Board and other international firms such as China Harbor Engineering Company. He has also provided private consultancy to international companies in Sri Lanka, and was instrumental in setting up Pension, Financial Services BPO/KPO firms for Australia and UAE companies in Sri Lanka.

A veteran in Business Cycles and Real Economy, Dr. De Zilwa holds a PhD and Master’s in economics from Colombo University and a Postgraduate Diploma in Development Economics from the same university. He also holds an MA in Economics for Development from the ISS Erasmus University of Rotterdam, Netherlands apart from another Postgraduate Diploma in Bank Management and Finance from the Institute of Bankers Sri Lanka. He has contributed to many papers in reputed Journals, including the anniversary edition of the Association of Professional Bankers.

July 2, 2020

LankaClear – the operator of LankaPay- Sri Lanka’s National Payment Network unveiled two new ground breaking initiatives towards making payments easier, faster and convenient. Payment Exchange Name (PEN) and Direct Debit Authorization (DDA) were launched at a press conference held at the Kingsbury Hotel Colombo, recently. Director Payments and Settlements of the Central Bank, Mr. D Kumaratunge and GM/CEO LankaClear Mr. Channa de Silva addressed the press conference. Mr. Ravi De Silva, Director General of SLBA and Mr. Dinuka Perera, DGM IT and Operations of LankaClear and CEOs of member banks were also present at this occasion.

Payment Exchange Name (PEN) is a nickname based real-time person-to-person or peer-to-peer (P2P) payment system facilitated via LankaPay Common Electronic Fund Transfer Switch (CEFTS). PEN enables customers to make P2P payments amongst PEN member banks conveniently, securely and error free. With PEN, Customers no longer have to provide their bank name, branch, account number and other details when requesting for a fund transfer. This would minimize the mistakes made by customers in making an electronic fund transfer. Due to the ease of making fund transfers, PEN is expected to attract less tech-savvy customers also to adopt electronic payment modes in making fund transfers, which is key to making financial inclusivity a reality. Upon joining the PEN network, PEN member banks would assign a nickname for each account held by the customer. These nicknames would be associated with the mobile phone number registered by the customer with the respective financial institution. Once this process is completed, customers are able to make fund transfers amongst customers of PEN member banks with the ease of simply selecting the mobile number and the respective PEN, ensuring the accuracy and the security of the fund transfer. Sampath Bank and the National Savings Bank would go down in history as the pioneer banks to have joined the PEN payment network. A number of other financial institutions would soon offer this payment option for the convenience of their customers.

The second exciting initiative is Direct Debit Authorization (DDA), which is another extension of the LankaPay CEFTS. With the launch of the DDA feature, customers would have the convenience of giving a mandate to the bank of a third party to pull up to a certain amount of funds from their bank account on a given date, without the customer having to initiate the payment at his end. These recurrent payments could range from bill payments such as electricity bills, water bills to insurance premium payments to telecom bill payments etc. This feature, heavily used in other countries, would immensely benefit organizations in their payment collection activities as well as make payment reconciliation more efficient. Especially, Banks, Insurance companies, leasing companies and utility companies would find this feature to be of great convenience in collecting their dues on time. At the initiation, Citizens Development Business Finance PLC, Commercial Leasing & Finance PLC, Deutsche Bank, LOLC Finance, Peoples Bank, Public Bank, National Savings Bank, Seylan Bank and Standard Chartered Bank will be offering the Direct Debit facility to their customers and many other banks and financial institutions are in the pipeline to join the network.

LankaClear Pvt Ltd as the operator of Sri Lanka’s National Payment Network comes under the direct purview of the Central Bank. LankaClear is entrusted with the mandate to execute the Central Bank’s mission towards promoting electronic payments in the country and harnessing financial inclusivity. Owned by the Central Bank and other licensed commercial banks in the country, LankaClear is recognized as one of the best public private partnerships in the country. Since its inception in 2002, LankaClear has been instrumental in laying a firm foundation to the country’s financial infrastructure and has saved billions of foreign exchange to the country that could have otherwise been paid to the international payment networks, by routing domestic interbank transactions. The company’s prime objective is to enable every citizen with affordable, faster, convenient and secure payment options thereby providing the much needed payment technology support in taking the country to the next elevation.

June 30, 2017

(L-R): Mr. Anil Amarasuriya, Chairman – LankaClear Pvt Ltd; Mr. Channa de Silva, GM/CEO - LankaClear Pvt Ltd; Mr. Yuichiro Kadowaki, Senior Vice President – Head of Division III, Business Development & Coordination of JCB International; Mr. Yo Sato, Assistant Vice President - Business Development & Coordination of JCB International; Dr. Indrajit Coomaraswamy – Governor of the Central Bank of Sri Lanka; and Mr. Koji Yagi – Deputy Head of Mission of the Japanese Embassy in Sri Lanka.

June 27, 2017

(L-R) Ms. Tharindu Kirtisinghe – Senior Manager EY; Mr. Tony Outschoorn – Director EY, Mr. Arjuna Herath – Partner EY; Mr. Channa de Silva – GM/CEO LankaClear; Mr. Rasika Galappaththy – Head of Finance LankaClear; Mr. Lakmal Rathnasekara – Senior Assistant Accountant LankaClear; and Mr. Shehan Wijewickrama, Management Accountant LankaClear

SLT-MOBITEL mCash partners ‘Lanka Remit’ to offer safe and low-cost remittance channel

ComBank joins ‘Lanka Remit’ – the National Remittance Mobile App

Cargills Online becomes first ecommerce platform to integrate LANKAQR

People’s Bank becomes the first bank to partner with LankaPay as an acquirer and an issuer for National Card Scheme

ComBank partners LankaClear to become first Bank to accept digital signatures in Sri Lanka

HNB powers real-time online payments to IRD with LankaClear

Eminent Economist Dr. Kenneth De Zilwa assumes duties as the Chairman of LankaClear

LankaClear revolutionizes the payments landscape once again Launches Payment Exchange Name and Direct Debit Authorization

LankaClear and JCBI enter into a strategic partnership for establishment of National Card Scheme in Sri Lanka

LankaClear partner EY for Assurance on processes for LankaPay Technnovations 2017 Awards