May 15, 2025
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4min16
Reaffirming its position as a trailblazer in Sri Lanka’s banking sector, Sampath Bank has become the first local bank to launch a next-day POS settlement feature that functions seamlessly across weekends and public holidays. Introduced in collaboration with the Ceylon Petroleum Corporation (CEYPETCO), this pioneering solution is a national first, tailored specifically for CEYPETCO fuel […]

February 21, 2025
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3min17
Retail IT (Pvt) Ltd, a trusted leader in POS hardware and software solutions for over 30 years, recently hosted the landmark Retail Technology Trends 2025 event at the Water’s Edge Hotel. The event brought together over 150 professionals from industries such as supermarkets, hospitality, apparel, and bookstores, offering an exciting look at how technology is […]

February 5, 2025
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3min66
Retail IT (Pvt) Ltd, a trusted leader in POS hardware and software solutions for over 30 years, recently hosted the landmark Retail Technology Trends 2025 event at the Water’s Edge Hotel. The event brought together over 150 professionals from industries such as supermarkets, hospitality, apparel, and bookstores, offering an exciting look at how technology is […]

September 18, 2023
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7min1
      Empowering SMEs at the grassroots, Sri Lanka’s leading private sector bank, HNB PLC, partnered Pay&Go to launch its groundbreaking POS System, offering businesses accessible and affordable payment solutions.   “We believe that technology and digital initiatives play a pivotal role in boosting SME growth and, in turn, our nation’s economic well-being. Representing […]

September 14, 2022
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4min20
      DFCC Bank, one of Sri Lanka’s premier commercial banks, has announced that its merchant Point-Of-Sale (POS) machines have been enabled with the acceptance of UnionPay cards. DFCC Bank has embarked on an aggressive expansion strategy since it launched its merchant acquiring business in 2020. Since then, the Bank has grown into a […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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