Beyond Borders
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LankaPay's global expansion which began in 2022, with its renewed vision, heralds a new era of frictionless cross-border transactions. With its robust infrastructure and innovative solutions, LankaPay seamlessly connects Sri Lanka's financial ecosystem to the world, transcending geographical barriers. Leveraging advanced technology and strategic partnerships, LankaPay empowers individuals and businesses to conduct transactions swiftly, securely, and cost-effectively across borders. Its inclusive approach fosters financial inclusion while driving economic growth and fostering international collaboration. As LankaPay extends its reach, it not only enhances Sri Lanka's position in the global financial landscape but also reinforces its commitment to advancing digital payments and fostering seamless connectivity on a global scale.
LankaPay and JCB International partnership to expand global collaboration to enhance cross-border ATM/POS acceptance through the LankaPay network and as a strategic partner of LankaPay’s flagship domestic payment card.
Partnered with JCB International to issue a domestic payment card in Sri Lanka under the National Card Scheme (NCS) with the approval of the Central Bank of Sri Lanka (CBSL).
The commercial launch of the LankaPay Card, Sri Lanka’s domestic payment card, co-branded with JCB International.
Facilitated acceptance in LankaPay ATM network and POS terminal network for JCB International cardholders.
The commercial launch of the first LankaPay Credit Card together with the Commercial Bank of Ceylon PLC.
LankaPay and UnionPay International partnership to expand global collaboration to enhance cross-border QR/ATM/POS acceptance through the LankaPay network and as a strategic partner of LankaPay’s flagship domestic payment card.
Partnered with UnionPay to enable QR acceptance in Sri Lanka through LANKAQR.
Launched the acceptance of UnionPay at LANKAQR code merchants. This project was completed within 4 weeks.
Partnered with UnionPay to enable acceptance in the LankaPay ATM network to UnionPay International cardholders worldwide.
Received regulatory approval to partner with UnionPay International as the 2nd strategic international partner to issue a LankaPay Card under the National Card Scheme (NCS).
Launched the acceptance of UnionPay International cards at LankaPay ATM network.
LankaPay and Pulse Network partnership to expand global collaboration to enhance cross-border ATM acceptance through the LankaPay network.
Partnered with Pulse Network to enable acceptance in the LankaPay ATM network to Pulse/Discover cardholders worldwide.
LankaPay and NPCI International partnership to expand global collaboration to enhance cross-border QR acceptance through the LankaPay network.
Partnered with NPCI International to enable QR acceptance in Sri Lanka through LANKAQR.
Launched the NPCI UPI acceptance in Sri Lanka through LANKAQR.
LankaPay and AliPay Connect partnership to expand global collaboration to enhance cross-border QR acceptance through the LankaPay network.
MoU signed with AliPay Connect to enable QR acceptance in Sri Lanka through LANKAQR for the AliPay + global user network.
LankaPay and Tenpay Payments partnership to expand global collaboration to enhance cross-border QR acceptance through the LankaPay network.
MoU signed with Tenpay Payments to enable QR acceptance in Sri Lanka through LANKAQR for the WeChat Pay user network.
LankaPay and Fonepay Payment Services partnership to expand global collaboration to enhance cross-border QR acceptance through the LankaPay network.
MoU signed with Fonepay Payment Services to enable QR acceptance in Sri Lanka through LANKAQR for the FonePay user network.
LankaPay and Nepal Clearing House partnership to expand global collaboration to enhance cross-border QR acceptance through the LankaPay network.
MoU signed with Nepal Clearing House to enable QR acceptance in Sri Lanka through LANKAQR for the NepalPay user network.
The ASEAN Central Banks’ Working Committee on Payment and Settlement Systems (WC PSS) study in 2011 uncovered that domestic retail payment systems in some countries are still fragmented, resulting in non-interoperability among different providers. Inefficiency in payment systems and opaque pricing mechanisms resulted in costly cross-border payments.
APN has been identified by WC PSS to establish an efficient, cost-effective, and secure cross border retail payment infrastructure aiming to offer businesses and individuals the ability to make or receive electronic payments with greater convenience.
Established in 2006 by 6 ASEAN domestic payment switches namely ALTO, ARTAJASA, ITMX, MEPS, NETS, RINTIS. It is closely associated with WC PSS to establish an efficient, cost-effective, and secure cross border retail payment infrastructure.
LankaPay became a member of the Asian Payment Network
LankaPay was elected as the Vice Chairman network of APN for 2023-24 at the Annual General Meeting (AGM) held in Korea hosted by Korea Financial Telecommunications and Clearings Institute (KFTC). LankaPay participated to AGM Forum held in Bali, Indonesia.
LankaPay was elected as the Vice Chairman of the Business Sub-committee of APN for 2024-25 at the Annual General Meeting (AGM) held in Tokyo, Japan hosted by NTT DATA Group Corporation, Japan.
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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.
Location
LankaPay (Pvt) Ltd. Level 18, Bank of Ceylon Head Office,BOC Square, No. 01, Bank of Ceylon Mw, Colombo, 00100, Sri Lanka.
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