Sri Lanka’s most innovative bank, HNB PLC, announced that it had successfully linked its increasingly popular digital Payment App, SOLO, with the newly launched Lanka QR standard. “For several years now, HNB has been among those leading the charge on cashless payments in Sri Lanka, leveraging on the rising popularity of our digital wallet, HNB SOLO. Lanka QR is a common Quick Response (QR) code standard adopted by financial institutions in Sri Lanka to facilitate fast, secure and low cost digital payments to any merchant, especially small and medium enterprises. The payment is instantly credited to the merchant’s bank account. To pay using LANKAQR, a customer has to scan the LANKAQR using mobile payment apps like HNB SOLO.

Source: The Nation November 25, 2020 23:48 UTC