Sri Lanka has taken a major step toward a cash-lite economy with the launch of the National QR Payment Adoption Program, aimed at accelerating the adoption of secure, fast, and convenient digital payments nationwide. The initiative encourages individuals and businesses to adopt QR-based transactions through mobile devices, reducing dependence on physical cash while promoting financial inclusion and transparency.
As a leading force in digital banking, People’s Bank proudly supports this national initiative through its flagship digital wallet, “People’s Pay.” The Bank’s participation reflects its long-term commitment to building a digitally empowered financial ecosystem and advancing Sri Lanka’s digital transformation journey. Under the program, customers can perform QR transactions without additional charges, while merchants benefit from zero fees for transactions up to 5000 rupees. To further encourage adoption, selected LANKAQR users will receive valuable gifts, boosting awareness and engagement in digital payments nationwide.
People’s Pay offers a comprehensive and user-friendly platform for everyday financial needs. The app includes seamless self-registration, tri-language support, secure payment detail storage, real-time bill payments, and QR-based transactions. Users can also link multiple bank accounts, providing greater flexibility, convenience, and financial control. Strengthening the national QR adoption effort, People’s Pay now supports Peer-to-Peer (P2P) QR transfers. This feature enables users to generate static and dynamic QR codes for secure transactions without revealing sensitive account details, improving both convenience and privacy.
The National QR Payment Adoption Program marks a significant milestone in modernizing Sri Lanka’s payment landscape. Through innovative digital solutions such as People’s Pay, People’s Bank continues to empower customers with accessible, secure, and efficient banking services, ensuring broader participation in the country’s growing digital economy.
