1.2 billion processed in December 2020 Average Rs. 950 million in transactions per monthPAYable (Pvt) Ltd., Sri Lanka’s leading cashless payment solution provider, announced that it has processed Rs. 15 billion in transactions on its platform to date. Commenting on the milestone, Yohan Wijesiriwardane, CEO & Co-founder of PAYable Sri Lanka said, “PAYable entering the cashless ecosystem in 2016 was a gamechanger; we disrupted the existing status, empowering MSME merchants who previously were not eligible for cashless payment terminals from banks. “We are on track to introducing a pioneering range of solutions to strengthen both our banking partners and merchants, with support from our partners internationally.

Source: The Nation March 10, 2021 16:18 UTC