LANKAQR

LANKAQR is an initiative developed by the Central Bank of Sri Lanka. It is an integrated payment system in Sri Lanka. It launched on 11 March 2019 and is supported on Android and iOS devices.[1]

LANKAQR
Product type
OwnerCentral Bank of Sri Lanka (CBSL)
CountrySri Lanka
Introduced11 March 2019 (2019-03-11)
Markets
Websitewww.cbsl.gov.lk

Overview

LANKAQR was launched to digitize the payment system in Sri Lanka, and is aimed at entrepreneurs and medium-sized enterprises (SMEs).

The payment system makes use of scannable QR code stickers, which are provided by LANKAQR's member organizations. The QR codes can be scanned using a proprietary app on a mobile device, which is provided by the user's financial institution.

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.