Kolkata: PhonePe has announced that it has enabled UPI payment acceptance in collaboration with LankaPay across LankaQR merchant points at an event held in Colombo.
Santosh Jha, High Commissioner of India to Sri Lanka, highlighted the key role played by fintech connectivity in the overall connectivity between India and Sri Lanka at the event.
Addressing the gathering Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), acknowledged the collaboration’s capacity to unlock new opportunities and enhance competitiveness and the benefits that it would bring to Sri Lankan merchants.
Channa de Silva, CEO, LankaPay also addressed the audience and moderated an insightful panel discussion on ‘The Future of Digital Payments in Sri Lanka: Opportunities for Sri Lankan Businesses,’ which focused on the possibilities and growth avenues for local businesses.
Following the panel discussion, Ritesh Pai, the CEO of International Payments at…