PayMedia triumphs at NBQSA 2025; wins Overall Gold award

PayMedia winning team

PayMedia Ltd., has achieved the Overall Gold Award at the National Best Quality Software Awards (NBQSA) 2025, with BoC Flex recognised as the “Best of the Best Software Application in Sri Lanka.” 

This achievement marks not just a milestone in PayMedia’s corporate journey, but a defining chapter in our story of perseverance, innovation, and collaboration.

At PayMedia, every recognition PayMedia earn carries a deeper story one of vision, relentless dedication, and collective belief in technology’s power to transform lives. Winning the Overall Gold Award at the most prestigious technology recognition platform in Sri Lanka is more than a moment of glory it reflects the years of consistent effort, research, creativity, and leadership that have shaped who PayMedia are today.

The Journey from a Startup Dream to a National Champion rewinding the clock to our early years, PayMedia began as a humble Sri Lankan startup fueled by a dream to redefine financial technology and payment automation in the local banking and financial landscape. PayMedia’s journey started with a handful of passionate minds, a bold vision, and a clear purpose to make payments simpler, faster, and more secure through technology.

From those early days, PayMedia goal was never just to build software, but to build trust to become a dependable technology partner for banks and financial institutions navigating the fast-evolving world of digital finance. Over the years, that vision evolved, matured, and expanded and today, PayMedia stands proudly as one of the leading FinTech enterprises in Sri Lanka, providing innovative digital payment and banking solutions that serve millions of end users across the country.

The NBQSA 2025 recognition is a powerful reminder of that journey from stepping onto the NBQSA stage years ago as a small startup competing with industry giants, to now standing tall as an enterprise company winning the highest national recognition in technology innovation. This moment, indeed, is deeply humbling.

Winning the Overall Gold Award at NBQSA is the ultimate honor given to the product that not only stands out within its category but also exemplifies overall excellence, scalability, technical superiority, and national impact. This year, BOC Flex, developed by PayMedia for the Bank of Ceylon, was recognised as the Best of the Best Software Application in Sri Lanka. Also, BOC Flex won the Gold Award for Digital Government category representing public and government sector. 

Every great achievement begins with a vision and at PayMedia, that vision has always been clear. It’s about building the future of digital payments and ensuring that Sri Lanka’s financial ecosystem evolves in sync with global standards.

PayMedia’s success is not the product of luck or coincidence; it is the outcome of years of disciplined innovation, teamwork, and commitment to excellence. From software engineers and designers to project managers and customer experience specialists, every member of the PayMedia family played a role in making this achievement possible. The NBQSA 2025 victory serves as a tribute to their unwavering spirit and dedication. It reflects the countless hours spent perfecting our solutions, the challenges overcome, and the collective determination that binds us as a team.

Behind every successful organisation is a group of visionary leaders who steer it through challenges and opportunities alike. PayMedia’s journey from a startup to a nationally recognised technology powerhouse would not have been possible without the wisdom, guidance, and support of its Board of Directors.  Their strategic insight, trust in innovation, and unwavering belief in PayMedia’s mission have been instrumental in shaping the company’s growth trajectory. Each member of the board has contributed to building a culture of excellence one that empowers teams, nurtures creativity, and values integrity.

Under their leadership, PayMedia has not only achieved numerous technological milestones but has also strengthened its reputation as a trusted FinTech partner for banks, financial institutions, and enterprises across the nation. Their continued support and mentorship have helped PayMedia align with its long-term vision to transform Sri Lanka’s digital payment landscape and elevate the country’s position in the global FinTech arena.

Over the years, PayMedia has introduced several groundbreaking solutions in the Sri Lankan FinTech space. These innovations are built on a foundation of compliance, security, and scalability as evidenced by PayMedia’s certifications in ISO 9001:2015 and PCI DSS, and the company’s upcoming ISO 27001 certification for information security management.

PayMedia’s success has also been shaped by its strategic partnerships and collaborations with leading financial institutions, technology partners, and regulators. The long-standing relationships with banks such as Bank of Ceylon, National Savings Bank, Sampath Bank PLC, Seylan Bank, Amana Bank and Regional Development Bank, among others, have been crucial in driving Sri Lanka’s digital transformation agenda forward. Each collaboration is more than a project; it is a shared vision to modernise financial systems, enhance customer experience, and promote financial inclusion.

The partnership with the Bank of Ceylon on BoC Flex is a prime example of how technology, when combined with institutional trust and vision, can create transformative outcomes for both organisations and end-users.

PayMedia said it remains steadfast in its commitment to innovation, excellence, and impact. Our roadmap for the future is ambitious yet purposeful from expanding our footprint in international markets to introducing next-generation financial technologies powered by AI, automation, and data analytics. PayMedia aim to continue being at the forefront of Sri Lanka’s digital transformation, contributing meaningfully to the nation’s progress toward a digitally inclusive economy.