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Government Digital Payment Platform

In the current digital era, recognizing the inefficiencies of traditional cash transactions and handwritten receipts withing within most of the government organizations, LankaPay, Information Communication Technology Agency and the Ministry of Technology has taken the initiative of filling this gap spearheading the implementation of a groundbreaking Government Digital Payment Platform.

With the 2023 budget proposal backing this project, all government payments and collections will soon be mandated to transition to electronic platforms. This strategic move not only addresses the current shortcomings but also aligns with global trends towards digitalization.

For financial institutions, this represents a significant opportunity to streamline operations and enhance service offerings. By integrating with the Government Digital Payment Platform, institutions can tap into a secure and efficient channel for handling government transactions. This transition promises greater efficiency, transparency, and reliability in financial processes, ultimately benefiting both institutions and their clientele.

Explore the advantages for financial institutions

Enhanced efficiency: The Government Digital Payment Platform streamlines transaction processes for banks, reducing manual efforts associated with handling cash transactions and handwritten receipts.

Cost savings: By transitioning to electronic payments, banks can reduce operational costs related to cash handling, storage, and processing, leading to significant savings over time.

Improved security: Digital payments offer heightened security compared to cash transactions, reducing the risks associated with theft, fraud, and errors.

Enhanced customer experience: Digital payment options provide customers with greater convenience, flexibility, and accessibility, leading to higher satisfaction levels and improved loyalty.

Government institutions currently signed up

Sri Lanka Atomic Energy Board

Telecommunication Regulatory Commission of Sri Lanka

National Cancer Institute of Apeksha Development Committee

State Timber Coorporation

Department of Ayurveda

Sri Lanka Survey Department

Excise Department of Sri Lanka

Horana Pradeshiya Sabha

Kolonna Pradeshiya Sabha

Rambukkana Pradeshiya Sabhawa

Jaffna Divisional Secretariat

Kegalle Divisional Secretariat

Mahara Divisional Secretariat

Ratmalana Divisional Secretariat

Thimbirigasyaya Divisional Secretariat

Bandaragama Divisional Secretariat

Divulapitiya Divisional Secretariat

Gampaha Municipal Council

Balangoda Urban Council

University of Moratuwa

Vocational Training Authority

Department of Technical Education and Training

University of Colombo

University of Colombo School of Computing (UCSC)

Institute of Biochemistry, Molecular Biology & Biotechnology

Sir John Kotelawala Defence University

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LankaPay is the national payment network of Sri Lanka which provides the central payment infrastructure to the country’s financial sector. With a mission to drive financial inclusivity and empower businesses and individuals with faster, convenient and secure payment options, making payment convenience an affordable and accessible choice for all.

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