Sampath Bank hosts Central Bank’s ‘Matarata QR’ event to promote QR code use

Wednesday, 7 April 2021 00:00 - - {{hitsCtrl.values.hits}}

From left: Central Bank of Sri Lanka Appointed LANKAQR Committee Chairman Thilak Piyadigama, Sampath Bank Managing Director Nanda Fernando, Chief Guest Minister of Power Dullas Alahapperuma, Central Bank of Sri Lanka Director – Payments and Settlements D. Kumaratunga and Sampath Bank Senior DGM – Operations/Group Chief Marketing Officer Tharaka Ranwala

Sampath Bank Managing Director Nanda Fernando speaking at the event

Sampath Bank PLC recently hosted the Central Bank of Sri Lanka’s (CBSL) ‘Matarata QR’ event, in a

bid to drive awareness and increase acceptance and usage of LANKAQR, the common Quick Response (QR) code standard for the country that was introduced in 2020.

Encouraging consumers to adopt the use of QR codes in their day-to-day transactions, the event was held at the Sanath Jayasuriya Grounds in Matara under the patronage of the Chief Guest Minister of Power Dullas Alahapperuma and Guest of Honour Central Bank of Sri Lanka Director – Payments and Settlements D. Kumaratunga; along with senior officials from the CBSL, other commercial banks and financial institutions.

Sampath Bank was represented by Managing Director Nanda Fernando, Senior DGM – Operations/Group Chief Marketing Officer Tharaka Ranwala and Group Chief Information Officer Ajith Salgado.

At the event, the bank actively promoted its ‘WePay’ mobile wallet which helped attract more customers while also onboarding new merchants. A 25% cash back was on offer for payments at over 200 merchants in Matara on the day, made via the LANKAQR enabled WePay digital mobile payment app.

“We are very proud to partner with the Central Bank to host this event that will highlight the safety, convenience and speed of getting onboard the LANKAQR payment standard to the people of Matara. These benefits, coupled with the advanced digital banking solutions offered by Sampath Bank, make it a simple choice to migrate to digital payment technology and we warmly invite the merchants in Matara to come experience the benefits of adopting this new method of payments,” said Fernando.

Sampath Bank is a 100% local bank that has deeply rooted itself in the lives of the people of Sri Lanka. Established in 1987, the bank has become a state-of-the-art financial institution that continues to be a market leader today thanks to its constant innovation and customer focused approach to business.

It has introduced many firsts to the Sri Lankan banking sector including introducing ATMs to Sri Lanka, extended banking hours and slip-less banking to name a few. The bank is steadily transforming itself into a ‘tech company engaged in banking,’ from the traditional approach of a bank engaged in technology.