Daily Mirror - Print Edition

iPay Sri Lanka surpasses Rs. 300 bn in transactions

27 Aug 2024 - {{hitsCtrl.values.hits}}      


iPay, Sri Lanka’s foremost mobile payment platform, has achieved an impressive milestone by processing transactions exceeding Rs. 300 billion.This achievement comes just six months after the platform surpassed the Rs. 200 billion mark. This remarkable accomplishment highlights the rapid growth, increasing consumer trust, and nationwide acceptance of the game-changing digital lifestyle app.

iPay has been a pioneer in Sri Lanka’s digital payment revolution since its inception, delivering a seamless and secure payment experience to its users. The award-winning app offers a wide range of services, including instant bank transfers, real-time utility bill payments, e-channeling services, mobile reloads, digital savings accounts, and digital fixed deposits. With a growing merchant base of over 45,000, iPay has made financial transactions more accessible, and convenient for every user reflecting the increasing reliance on digital payments in a rapidly evolving economic landscape.

The platform’s user-friendly interface, available in Sinhala, Tamil, and English, ensures inclusivity and ease of use for a diverse audience. Features like hassle-free registration via a simple selfie, three-step bill payments, and secure fund transfers demonstrate iPay’s commitment to simplicity and efficiency. 

Advanced security measures are implemented to protect every transaction, giving users confidence and peace of mind. Furthermore, iPay continuously upgrades its offerings, with updated features being released regularly to maximize user experience. iPay’s unwavering commitment to enhancing utility and adding value has made it an essential tool for meeting users’ daily financial needs.

Commenting on this milestone, AGM Nimesh Fernando said, “Our journey has been one of innovation and perseverance. Reaching this milestone not only affirms our platform’s reliability but also highlights the growing confidence in digital payments among Sri Lankans. I extend my heartfelt gratitude to our customers and partners for their unwavering trust in iPay. We remain committed to enhancing the user experience and adding value through new features, ensuring that iPay continues to be an integral part of our users’ daily lives.”