People’s Bank offers Lanka QR payment option to SLIC Policy Holders

Monday, 16 November 2020 00:00 - - {{hitsCtrl.values.hits}}

From left: SLIC Chief Officer – Business Development Rukman Weeraratne, Chief Information Officer Aloka Jayawardena, Chief Executive Officer Chandana L. Aluthgama, Chairman Jagath Wellawatta, People’s Bank Chairman Sujeewa Rajapakse, CEO/GM Ranjith Kodituwakku and Senior Deputy General Manager – Payment, Digital, Process Management and Quality Assurance K.B. Rajapakse

People’s Bank recently entered into agreement with Sri Lanka Insurance (SLIC) to offer People’s Bank LANKAQR Payment acceptance solution to SLIC policyholders.

The agreement to offer this service was exchanged between People’s Bank Chairman Sujeewa Rajapakse and SLIC Chairman Jagath Wellawatta at SLIC Head Quarters on 13 November.

Lanka QR is a pioneering initiative of the Central Bank of Sri Lanka (CBSL) that aims to revolutionise the payments landscape in Sri Lanka by enabling fast, secure and low cost digital payments to a large number of merchants.

People's Bank CEO/GM Ranjith Kodituwakku, SLIC Chief Executive Officer Chandana L. Aluthgama, People’s Bank Senior Deputy General Manager (Payment, Digital, Process Management and Quality Assurance) K.B. Rajapakse also were present at the occasion of signing of agreements.

While People’s Bank possesses Sri Lanka’s largest customer contact point network with 739 branches and Service centres, Sri Lanka Insurance Corporation, the largest State-owned insurer in Sri Lanka operates with 158 islandwide branches.