Reinforcing its commitment to advancing Sri Lanka’s digital economy, iPay participated in the LankaQR Awareness Programme conducted by the Central Bank of Sri Lanka on 5th and 6th of June 2026 in Trincomalee, supporting efforts to accelerate digital payment adoption among businesses operating within the country’s growing eastern tourism belt.
The programme focused on strengthening awareness and acceptance of LankaQR-enabled payments among merchants and consumers across key tourism destinations including Trincomalee, Uppuveli, Nilaveli, and Alles Garden. Merchant engagement activities were carried out with tourism-related businesses, SMEs, retailers, restaurants, guesthouses, and service providers, encouraging wider participation in Sri Lanka’s expanding digital payments ecosystem.
As one of Sri Lanka’s leading fintech platforms, iPay plays a key role in demonstrating how businesses can seamlessly adopt digital payment solutions through LankaQR. The team engaged directly with merchants, showcasing the capabilities of iPay Business and educating business owners on how digital payment acceptance can improve operational efficiency, enhance customer convenience, strengthen transaction security, and unlock new growth opportunities.
With tourism continuing to emerge as a key driver of economic activity, the adoption of QR-based payments is becoming increasingly important in delivering seamless experiences for both local and international visitors. Digital payments help businesses reduce the challenges associated with cash handling while offering customers faster, safer, and more convenient transaction options.
Commenting on the initiative, Kalhara Gamage, Head of iPay, said, “Digital payments are no longer an optional convenience but a business necessity. As Sri Lanka’s tourism industry continues to expand, merchants must be equipped to meet the expectations of increasingly digital-first consumers and international travellers. Programmes such as the LankaQR Awareness Programme play a vital role in accelerating adoption at the grassroots level, empowering SMEs to participate more actively in the formal digital economy while strengthening the nation’s journey towards a truly cashless future.”
Today, iPay continues to lead the market with over 50% JustPay market share, more than 1.2 million downloads, and over 1.8 million transactions processed monthly. Through iPay Business, the platform offers SMEs and MSMEs a comprehensive suite of digital solutions including LankaQR acceptance, card payments, foreign payment acceptance, bill payment collection, and secure internet payment gateways, enabling businesses to scale efficiently in an increasingly digital marketplace.
The initiative also aligns with the Central Bank’s broader vision of building a secure, interoperable, and inclusive national payments ecosystem. By supporting increased digital payment acceptance among small businesses, iPay continues to contribute towards greater financial inclusion, stronger economic participation, and enhanced digital readiness across Sri Lanka.
Through ongoing collaboration with regulators, merchants, and consumers, iPay remains committed to driving digital transformation and enabling a more connected, inclusive, and cashless future for the nation.