26 Feb 2024 - {{hitsCtrl.values.hits}}
Panel discussion (from left) Moderator Tharindu Ameresekere, LankaPay CEO Channa de Silva, Seylan Bank PLC Head of Digital Banking Chaminda Senevirathne, Helakuru, PayHere, HelaPay and Esana Founder and Bhasha Lanka (Pvt.) Ltd CEO Dhanika Perera and Pay Master Solutions (Pvt.) Ltd Founder and CEO and First Pay Pte Ltd Singapore Director Ransika de Silva
LankaPay, Sri Lanka’s national payment network, adding two new vibrant solutions to its portfolio, launched ‘JustPay Web’ and ‘PayMe’, at a ceremony held recently at Shangri-La Colombo.
Aimed at providing a seamless payment experience for retail transactions, the two solutions are expected to transform the way people transact, work and live, adding greater convenience to their day-to-day life.
PayMe is an innovative and secure messaging service that generates universal payment links, allowing customers to make convenient and secure payments in real-time via any PayMe-enabled mobile or web application. It facilitates both corporate and peer-to-peer payments, offering hassle-free payment collection capability. With seamless customer journey, PayMe also provides the users with greater convenience. Due to elimination of the need to share bank credentials with third parties and with real-time payment confirmation, PayMe also assures the security of transactions.
PayMe is easily adaptable to multiple scenarios from C2C, B2C, C2B and B2B. With the ability to customise payment link expirations time and the amount, easy reconciliation process and multiple payment options, PayMe is set to revolutionise digital payments in Sri Lanka.
In Sri Lanka currently there are over 400,000 merchants doing businesses via social media. However, many small-time merchants find it challenging to afford an Internet Payment Gateway (IPG), due to substantial initial investment and exorbitant Merchant Commissions (MDR). JustPay Web is an alternative to IPG and is an extension of LankaPay’s groundbreaking payment product – JustPay launched in 2017. JustPay Web allows the customers to make direct payments via bank accounts on browser-based applications.
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