HNB bank links its SOLO digital payments app with Lanka QR

Monday 30 November 2020 12:30 CET | News

Sri Lanka-based HNB bank has announced that its SOLO digital payments app is now linked with the newly launched Lanka QR standard.

The launch of Lanka QR is aimed at accelerating the adoption of QR code payments across the country and at laying the foundation for the expansion of digital wallets and cashless payments in Sri Lanka.

Lanka QR is a Quick Response code standard adopted by financial institutions in Sri Lanka in order to facilitate low cost digital payments to any merchant, especially small and medium sized enterprises.

It enables customers to pay merchants directly from their bank accounts using a Lanka QR compliant mobile payments app. The Lanka QR printed sticker is provided free of charge to merchants to display at their place of business by the member institutions of Lanka QR.

To pay using Lanka QR, customers have to scan the QR code using a mobile payments apps such as HNB SOLO. Upon completion, merchants will receive an SMS notification, confirming the receipt of payment.

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Keywords: HNB, Sri Lanka, Asia, Solo, Lanka QR, mobile payments, digital wallets, merchants, QR payments
Categories: Payments & Commerce
Countries: Sri Lanka
This article is part of category

Payments & Commerce