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. 241
World News Asia News Economy Global Economy digital Payments

More Trending News

Featured Stories

Peru's Election Authorities Under Pressure Amid Vote Counting Delays
April 18, 2026 6:13 p.m.
Delays in Peru's presidential vote counting have sparked increased pressure on election authorities and raised concerns over the electoral process.
Read More
Trump Expresses Gratitude to Iran for Opening the Strait of Hormuz
April 18, 2026 6:07 p.m.
Donald Trump praises Iran's decision to reopen the Strait of Hormuz, leading to a drop in oil prices and positive market reactions.
Read More
Cameras in Courtroom Could Skew Fairness in Charlie Kirk Trial
April 18, 2026 6:04 p.m.
The defense claims courtroom cameras and extensive media coverage could compromise juror impartiality in the Charlie Kirk murder case.
Read More
US Initiates Migrant Transfers to Congo as Part of New Agreement
April 18, 2026 5:58 p.m.
The US has deported 15 migrants to the DRC, raising legal and ethical questions about such third-country transfers.
Read More
HDFC Bank Sees 8% Profit Increase in Q4 Fueled by Sustained Loan Growth
April 18, 2026 5:57 p.m.
HDFC Bank's Q4 profit climbs 8% to ₹20,350 crore, driven by robust loan growth and income stability amidst rising costs.
Read More
Thunder Set Sights on Consecutive NBA Championships
April 18, 2026 5:53 p.m.
Oklahoma City Thunder seek consecutive NBA titles, showcasing a remarkable season led by Shai Gilgeous-Alexander.
Read More
Market Rally as Oil Prices Tumble After Strait of Hormuz Reopens
April 18, 2026 5:51 p.m.
Global markets soared while oil prices plummeted following Iran's announcement of the Strait of Hormuz reopening, easing supply worries.
Read More
Pakistan Advocates for Renewed US-Iran Negotiations
April 18, 2026 5:49 p.m.
Amid rising tensions, Pakistan enhances diplomatic efforts for US-Iran talks, led by PM Shehbaz Sharif and Army Chief Asim Munir.
Read More
Shah Rukh Khan’s Humility Shines During Mannat Renovation, Says Landlord
April 18, 2026 5:46 p.m.
Shah Rukh Khan showcases his humility by renting during Mannat's renovation, impressing his landlord with his respectful demeanor.
Read More
Sponsored
Trending News
Iran Reopens the Strait of Hormuz Under New Regulations

Iran Reopens the Strait of Hormuz Under New Regulations

Iran's reopening of the Strait of Hormuz comes with new rules that could affect global shipping and

April 18, 2026 12:45 p.m. 173
Understanding Akshaya Tritiya 2026: Key Dates, Rituals, and Gold Purchase Insights

Understanding Akshaya Tritiya 2026: Key Dates, Rituals, and Gold Purchase Insights

Explore the significance, date, and best practices for buying gold on Akshaya Tritiya 2026.
April 17, 2026 4:18 p.m. 208
Top 10 Experiences for First-Time Visitors to NYC

Top 10 Experiences for First-Time Visitors to NYC

Uncover 10 must-do activities for first-time NYC visitors, including iconic sights, local flavors, a
April 17, 2026 1:26 p.m. 194
7 Everyday Practices for Natural Belly Fat Loss

7 Everyday Practices for Natural Belly Fat Loss

Explore 7 everyday habits that help in burning belly fat naturally without drastic dieting. Simple s
April 15, 2026 4:24 p.m. 233
The Compounding Effect: Transforming $5,000 into $120,000 Over Time

The Compounding Effect: Transforming $5,000 into $120,000 Over Time

Learn how compounding can evolve a $5,000 investment into $120,000 through time and the right strate
April 15, 2026 1 p.m. 245
Blood Sugar Testing: Morning vs After Breakfast – What You Need to Know

Blood Sugar Testing: Morning vs After Breakfast – What You Need to Know

Explore when to check your blood sugar: fasting or post-breakfast for better health insights.
April 15, 2026 12:21 p.m. 235
WhatsApp Experiencing Issues Today? Global Users Report Delays

WhatsApp Experiencing Issues Today? Global Users Report Delays

WhatsApp users around the globe are facing message delays and issues. Discover the reason behind tod
April 15, 2026 11:55 a.m. 249
Is Your Android Monitoring You? Disable These 6 Settings Immediately

Is Your Android Monitoring You? Disable These 6 Settings Immediately

Concerned about your Android's monitoring? Discover 6 essential settings to change now for better pr
April 14, 2026 12:28 p.m. 266