NDB launches ‘Ratapuraama LANKAQR’ with CBSL in Negombo

23 December 2021 03:33 am Views - 200

From left: CBSL Deputy Governor Dharmasri Kumaratunga, NDB Bank Chief Executive Officer Dimantha Seneviratne and CBSL Governor Ajith Nirvard Cabraal

 

NDB, being at the forefront of the digital banking landscape, has come forward to support the LANKAQR nationwide roll-out campaign launched by the Central Bank of Sri Lanka in the city of Negombo. 


Accordingly, NDB was privileged to partner the nationwide roll-out of LANKAQR, a key initiative to create awareness and encourage use of digital payments as opposed to using cash. 


The event took place at the Kadol Kale Grounds, Negombo, with the participation of chief guest, CBSL Governor Ajith Nirvard Cabraal, CBSL Deputy Governor Dharmasri Kumaratunga, NDB Bank Director/Group Chief Executive Officer Dimantha Seneviratne, Expert Committee for Digital Banking Blockchain and Crypto Currency Chairman and NDB Director Sujeewa Mudalige and other dignitaries.


As part of the initiative, all Sri Lankans will be encouraged to move towards cashless and a digitally empowered society using QR-based transactions and will also increase financial inclusion in Sri Lanka. Developed by the Central Bank of Sri Lanka, LankaQR is an integrated payment system that was launched at a kickoff event in Matale in 2020, beginning the endeavour to take this to every town in Sri Lanka. 


The bank has always been instrumental in promoting the CBSL LankaQR payment method via the bank’s own QR payment method, NEOS Pay. Customers can make payments to merchants, pay bills and perform a host of other transactions via the NEOS platform. Since NEOS Pay is linked to the LankaClear JustPay platform, customers can simply use either their NDB account or other bank account details to register for NEOS Pay. 


Upon registering, customers will be able to avail the QR payment facility to settle merchant payments as well as bill payments with ease and convenience. Customers can add accounts of any other bank linked to the JustPay system onto NEOS Pay. 


This QR payment method will allow the customer to avoid using cash and instead, make payments or pay bills via their NEOS app - powered by NDB, from their NDB Bank account or their other bank accounts registered with NEOS. The user does not need to have an account at NDB to use this facility, as NEOS Pay delivers an all-in-one payment app for all bank customers.