CBSL rolls out Rata Purama LANKAQR to merchants in Galle

HNB PLC organises promotional campaign

The Central Bank of Sri Lanka (CBSL) expanded its pioneering ‘Rata Purama LANKAQR’ initiative in the Galle District with a promotional campaign organised by HNB PLC with the participation of 21 leading financial institutions and telecommunication partners in the country.

The Galle-leg of the national campaign, hosted by HNB PLC at the Magistrate Square, will be the third phase of the island-wide initiative of ‘Rata Purama LANKAQR’ to introduce LANKAQR as the standard for mobile phone payment apps and digital payments across the island, moving towards a cashless and digitally-savvy society with greater financial inclusion.

‘We are delighted to witness a significant number of small and medium enterprises and consumers using the technology in their day to day activities. If the digitalisation of payment solutions continue we will be able to significantly reduce the amount we spend on printing currency and ensure we face the challenges brought on by the pandemic head on,” CBSL Governor Prof. W.D. Lakshman said.