Visa partners PAYable to boost and digitally enable SMBs

From left: PAYable (Pvt.) Ltd Product Manager Ashan Rathawardhana, PAYable (Pvt.) Ltd CEO/Co-Founder Yohan Wijesiriwardane, Visa Country Manager Sri Lanka and the Maldives Avanthi Colombage and Director Merchant Services and Acquisitions Sri Lanka and the Maldives Nalin Dissanayake

PAYable (Pvt.) Ltd, Sri Lanka’s leading digital payment acceptance solution provider, recently announced a partnership with Visa, the global leader in digital payments, to empower digital payment acceptance for the small and medium business (SMB) segment of Sri Lanka.
The partnership will see SMB merchants receive rapid onboarding access to a host of products to begin accepting digital payments across multiple platforms. 

Speaking on the programme and its implications for the SMB sector in Sri Lanka, Visa Country Manager Sri Lanka and the Maldives Avanthi Colombage said, “To keep up with the fast growing digital world and cater to an increasingly digital consumer base, small businesses in Sri Lanka must be enabled to accept digital payments. We are delighted to partner with PAYable in making this possible through Visa’s SMB Acceptance Fast Track programme. Together, we intend to accelerate digital onboarding for the SMB segment and help them accept digital payments from their customers.”

The SMB programme will allow PAYable to offer enhanced services in its journey to empower digital payment acceptance across Sri Lanka. With payment solutions that cover card-present transactions (includes contactless transactions on PoS devices and smart phones), IPG (internet payment gateway) and online payment acceptance, invoicing and store management solutions and much more, the PAYable portfolio of products is set to revolutionise how businesses and cardholders view digital payments. 

Speaking on the partnership, PAYable (Pvt.) Ltd CEO/Co-Founder Yohan Wijesiriwardane explained, “By partnering with Visa to conduct the SMB programme, merchants across Sri Lanka will now have access to rapid onboarding, support services and a host of other assistance – not only will this programme vastly increase the number of digital payment acceptance points in Sri Lanka, it will offer merchants sustainable, tested and secure payment acceptance solutions that grow with their businesses. We are thankful to Visa for assisting us in supporting the growth of digital payment acceptance in Sri Lanka and empowering the local MSME industry.”