BOC partners with UnionPay International to accept QR code payments in Sri Lanka

Friday 3 September 2021 09:14 CET | News

Bank of Ceylon (BOC) has partnered with China-based payments group UnionPay International (UPI) to offer UnionPay QR code payment service in Sri Lanka. 

UnionPay is the first global card scheme to partner with BOC to enable QR code payment service in Sri Lanka, BOC announced. With this collaboration, Bank’s merchants with LANKAQR QR will also accept UnionPay QRC, enabling UnionPay App holders to make QR payments in Sri Lanka. Anyone, who has a wallet with UnionPay QRC enablement can scan the Bank of Ceylon QR code at merchant locations and pay for goods and services.

The UnionPay QRC is generated in conformity with EMVco standards and in accordance with guidelines provided by UnionPay. Hence it ensures interoperability and customers in mainland China can also use this QRC in addition to UnionPay customers in other countries and regions around the world.

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Keywords: UnionPay, mobile payments, QR payments, QR code
Categories: Payments & Commerce
Countries: Sri Lanka
This article is part of category

Payments & Commerce