Post by : Shakul

Sri Lanka is set to launch its “National QR Payment Promotion Program” on April 6, marking a major step toward building a cashless economy. The initiative will be introduced under the patronage of Anura Kumara Dissanayake.

As part of the program, service charges on LankaQR transactions up to Rs. 5,000 will be completely removed for merchants. This move is expected to support small businesses by allowing them to accept digital payments without additional costs.

Sri Lanka already has a strong digital financial system, with a large portion of the population having access to banking services. However, despite this infrastructure, digital payment usage remains relatively low, prompting the government to introduce measures to increase adoption.

The program will also include incentives such as raffle prizes for users and merchants, along with a nationwide promotional campaign. Officials say the initiative aims to create a secure, fast, and inclusive digital payment ecosystem across the country.

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