Central Bank Aims to Boost Daily Digital Payments by 30%

Central Bank aims to boost daily digital payments by 30%

The Central Bank of Sri Lanka (CBSL) plans to increase the daily digital payment volume by about 30%, a senior official said during a public event promoting digital transactions. MORE..

CBSL aims to boost daily digital transactions with nationwide awareness campaign - LNW Lanka News Web

July 31, Colombo (LNW): The Central Bank of Sri Lanka (CBSL) has unveiled an ambitious initiative to increase the country’s volume of daily digital transactions by nearly one-third, as part of a broader effort to modernise payment systems and encourage greater financial inclusion through digital means. Speaking on behalf of the bank’s Payments and Settlements Department, Director K.V.K. Alwis confirmed that a series of public engagement and educ…

CBSL targets 30% rise in daily digital payments in Sri Lanka

The Central Bank of Sri Lanka (CBSL) has announced plans to increase daily digital payments in the country by approximately 30%. According to K.V.K. Alwis, Director of the CBSL Payments and Settlements Department, the initiative aims to boost the number of digital transactions from the current daily volume of over 1.65 million to 2.15 million. To achieve this, CBSL will conduct awareness programs in major cities across Sri Lanka. These programs …