GCC News 24
Business
Politics
Tech
Society
Green
Sports
Entertainment
Translate image English Down Arrow
The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

Sri Lanka Unveils QR Payment Initiative

Sri Lanka Unveils QR Payment Initiative

Post by : Shakul

On April 6, Sri Lanka will launch its “National QR Payment Promotion Program,” marking a significant advancement in its quest for a cashless economy. The initiative will be inaugurated by Anura Kumara Dissanayake.

Under this program, merchants will no longer incur service charges for LankaQR transactions below Rs. 5,000. This strategy is aimed at aiding small enterprises by facilitating digital payments without extra expenses.

While Sri Lanka boasts a robust digital financial ecosystem with extensive banking accessibility, the current utilization of digital payments remains subpar. In response, the government is implementing actions to enhance adoption rates.

The initiative will also launch prize raffles for both merchants and users and will be accompanied by a comprehensive national marketing effort. Officials assert that the aim is to foster a secure, swift, and all-encompassing digital payment framework across the nation.

April 6, 2026 5:19 p.m. 1218
World News Asia News Economy Global Economy digital Payments

More Trending News

Featured Stories

Iran Denounces Recent US Sanctions as State Terrorism Amid Economic Strain
Aug. 29, 2026 4:47 p.m.
Iran labels new US sanctions as state terrorism while urging support for vulnerable citizens in light of rising economic challenges.
Read More
Nepal Floods: 934 Hydropower Workers Remain Uncontactable
Aug. 29, 2026 4:01 p.m.
At least 934 people linked to 11 hydropower projects in Nepal’s Rasuwa and Nuwakot districts remain uncontactable after August 26 floods
Read More
Kuwait Arrests Egyptian Guard, Kuwaiti Woman in Stamp Fraud Case
Aug. 29, 2026 12:25 p.m.
Kuwait authorities arrest an Egyptian security guard and Kuwaiti woman for allegedly using counterfeit government stamps and misusing state fees
Read More
US Forces Sink Vessel Supporting Drug Trafficking in Eastern Pacific
Aug. 29, 2026 11:41 a.m.
In a joint operation, US forces have intercepted and sunk a vessel linked to drug trafficking operations in the Eastern Pacific.
Read More
Iran War Reaches Six Months as Trump Shifts Focus
Aug. 29, 2026 10:26 a.m.
Iran war reaches six months as Trump shifts focus to economic pressure sanctions and U.S. domestic politics
Read More
Russia Strikes Kyiv as Drones Wound Dozens Across Ukraine
Aug. 27, 2026 4:42 p.m.
Russia launched drone and missile attacks across Ukraine wounding around a dozen people and hitting Kyiv
Read More
US Focus Shifts to Strait of Hormuz in Iran Conflict
Aug. 27, 2026 4:21 p.m.
The US shifts focus to the Strait of Hormuz as the Iran conflict enters its sixth month amid global energy concerns
Read More
Two Women and Child Injured in Hebron Shooting
Aug. 27, 2026 4:04 p.m.
Two women and a child were injured after reported Israeli gunfire during a raid in Al-Karmel, south of Hebron
Read More
China Sends Record Ships Near Taiwan
Aug. 27, 2026 1:40 p.m.
China’s record maritime activity around Taiwan raises concerns over growing pressure and potential submarine warfare
Read More
Sponsored
Trending News
Two Palestinians Die After Gaza Airstrike Injuries

Two Palestinians Die After Gaza Airstrike Injuries

Two Palestinians die from airstrike injuries as Israeli bombardment continues in Gaza medical sourc
Aug. 24, 2026 4:24 p.m. 283
China Flood Death Toll Rises to 159 in Guangxi

China Flood Death Toll Rises to 159 in Guangxi

Floods in southern China have killed 159 people while 10 remain missing as Guangxi continues its re
Aug. 21, 2026 4:23 p.m. 322
Embracing Life's Unpredictability: Trust in Your Journey

Embracing Life's Unpredictability: Trust in Your Journey

Explore how embracing life's uncertainties and trusting the process can lead to growth and new oppor
June 26, 2026 12:59 p.m. 1795
Casualties Mount in Lebanon as Israeli Airstrikes Persist Amid Fragile Ceasefire

Casualties Mount in Lebanon as Israeli Airstrikes Persist Amid Fragile Ceasefire

Lebanon says 4,175 people have been killed and over 12,000 injured since Israeli attacks began in Ma
June 23, 2026 10:05 a.m. 1927
Sprinkler Malfunction Interrupts World Cup Match at Gillette Stadium

Sprinkler Malfunction Interrupts World Cup Match at Gillette Stadium

A sprinkler malfunction at Gillette Stadium caused a water leak during halftime of the Iraq vs Norwa
June 17, 2026 5:16 p.m. 1723
Kyiv’s Historic Monastery May Need Two Years for Full Restoration After Strike Damage

Kyiv’s Historic Monastery May Need Two Years for Full Restoration After Strike Damage

Kyiv’s historic Pechersk Lavra monastery suffered major damage in a recent attack, and repairs could
June 17, 2026 12:11 p.m. 1885
Vozinha Becomes World Cup Hero After Spain Masterclass

Vozinha Becomes World Cup Hero After Spain Masterclass

Cape Verde goalkeeper Vozinha stunned Spain with a brilliant display in a historic World Cup draw, g
June 16, 2026 10:52 a.m. 2335
India A-Sri Lanka A Clash Sparks Vaibhav Controversy

India A-Sri Lanka A Clash Sparks Vaibhav Controversy

Young India A batter Vaibhav Sooryavanshi was involved in a heated altercation after Sri Lanka A's S
June 16, 2026 10:24 a.m. 1671