Business
LankaPay partners with UnionPay, revolutionizing cross-border ATM acceptance in Sri Lanka
LankaPay – the national payment network of Sri Lanka recently announced their partnership with UnionPay International (UPI), the leading international payment network in the world, enabling cross border ATM connectivity. This collaboration marks a significant milestone in LankaPay’s global journey towards fostering cross border payments with a view to provide greater convenience to tourists who visit Sri Lanka.
With the rebound of tourism and international trade in Sri Lanka, seamless cross-border financial transactions have become a pressing need. Recognizing this demand, UnionPay International and LankaPay have joined forces to establish a comprehensive network that enables UnionPay cardholders to access ATMs across Sri Lanka, providing unparalleled convenience and accessibility.
Through this partnership, UnionPay cardholders visiting Sri Lanka can now enjoy hassle-free access to cash withdrawals at almost any ATM across Sri Lanka, that means UnionPay is about to have over 99% ATM coverage in Sri Lanka, eliminating the need for currency exchange and enhancing their overall travel experience. Moreover, this initiative contributes to the country’s goal of becoming a preferred destination for tourists and investors by offering world-class payment infrastructure and services.
Leveraging its cutting-edge technology and extensive network, UnionPay International ensures the security and reliability of transactions, safeguarding the interests of cardholders and merchants alike. This commitment to excellence aligns seamlessly with LankaPay’s mission to promote the adoption of digital payments and drive financial inclusion across Sri Lanka.
Commenting on the partnership, Hu Binghan, Head of UnionPay International South Asia said, “UnionPay is committed to enhancing payment products and services for our cardholders across the world. LankaPay is one of our most important partners in the area. The cooperation this time is one of our joint efforts to better serve our customers, marking another milestone in our deepening cooperation. It is expected to further encourage tourists, especially Chinese tourists to visit Sri Lanka. Chinese tourists have been a key driver of tourism growth in Sri Lanka in recent years, and the new service is likely to accelerate this trend.”
Channa de Silva, CEO of LankaPay (Pvt) Ltd, the operator of LankaPay, expressed his enthusiasm on this partnership, stating, “Our partnership with UnionPay International signifies a significant milestone in our global journey towards fostering cross boarder connectivity for financial transactions, enhancing customer convenience and accessibility to payment services in Sri Lanka. This partnership underscores our commitment to providing innovative payment solutions and driving financial inclusion. Together with UnionPay, we aim to empower consumers and businesses, spurring economic growth in Sri Lanka. By integrating UnionPay’s extensive network with LankaPay’s robust national infrastructure, we are poised to redefine cross-border payment experiences and propel Sri Lanka towards a digitally enabled economy.”
As UnionPay International and LankaPay continue to collaborate closely, they remain committed to driving innovation and advancing the digital payment landscape in Sri Lanka, ultimately enriching the lives of consumers and fostering economic growth nationwide.
Business
Charting a worker-centered AI future: Colombo hosts landmark ITF conference
By Sanath Nanayakkare
Artificial intelligence and automation present serious challenges for workers – such as job consequences seen in docks and rail systems – and emphasises that workers cannot simply stop technological progress. By gathering young trade unionists in Sri Lanka, the ITF aims to establish key principles for engaging with technology, ensuring workers have a strong voice at the bargaining table, and encouraging constructive social dialogue with corporations and governments.
These compelling words from ITF General Secretary Stephen Cotton underscored the urgent reality facing modern labor as rapid technological advancements sweep across global industries.
Confronting this shifting landscape head-on, the International Transport Workers’ Federation (ITF), in partnership with the National Union of Seafarers of Sri Lanka (NUSS), convened a ground-breaking conference on artificial intelligence in Colombo from September 15–17.
As the ITF’s first-ever AI-focused global conference and the first of its kind hosted in Sri Lanka, the landmark event marked a critical milestone in balancing technological innovation with worker-centered safeguards.
Representing over 16.6 million transport workers worldwide, the ITF designed the gathering to tackle the multifaceted impacts of AI on safety, operations, workforce development, and governance. Rather than resisting progress, the conference focused on proactive engagement, establishing guiding principles to protect workers’ rights and privacy both at sea and on land.
Key discussions centred on sharing best practices for upskilling and reskilling transport personnel, ensuring that human oversight remains central to AI-driven logistics, routing, and maintenance.
Reflecting on the historic nature of the event, Boa Athu, CEO of National Union of Seafarers Asia Pacific, noted that the conference represented a monumental moment as AI emerges as a permanent fixture of contemporary life.
Highlighting NUSS’s pride in hosting the event in Colombo, Athu emphasised that AI offers transformative potential when guided by strong social dialogue, equitable access to training, and robust governance safeguards.
Ultimately, the Colombo conference demonstrated that the future of transport must be shaped by those who keep the world moving. By uniting international labour leaders, affiliates, port operators, and regulators, the event laid a vital foundation for inclusive policy frameworks that champion fair labour standards, securing a powerful voice for workers in an automated tomorrow.
Business
Bridging the digital divide: Sri Lanka’s airport licence challenge
By Sanath Nanayakkare
As Sri Lanka experiences a surge in visitors from its largest tourist market, India, a modern administrative hurdle has emerged at Bandaranaike International Airport (BIA).
While nations like India and Pakistan have successfully transitioned to fully digital driving licences and cashless ecosystems, Sri Lanka’s Department of Motor Traffic counter still requires a physical card to issue temporary local permits, The Island Financial Review learns.
This mismatch creates significant friction for independent travelers who rely entirely on smartphones and cloud-stored credentials. Tourists turned away at the airport – and sometimes redirected to the Werahera office in vain – find themselves unable to legally rent and drive vehicles. Consequently, this policy gap harms local car rental operators, causes tourist frustration, and deprives the government of valuable permit revenue.
The situation highlights a distinct irony: Sri Lankan motorists easily travel abroad using International Driving Permits that are readily accepted in India and Pakistan, yet local infrastructure cannot reciprocate due to outdated verification systems.
Recognizing the problem, Department of Motor Traffic officials have noted that upgrades and new equipment are currently in the works to integrate foreign digital platforms.
For a nation aggressively pursuing a national digitalisation drive, rapidly modernising these transport protocols is essential to keeping pace with global travelers and unlocking the full potential of its tourism economy.
Business
International Afro-Latin Dance Festival in Colombo to grow into a larger regional tourism draw
ALIF-SL, Sri Lanka’s first-ever international Afro-Latin dance festival, returns for its 4th edition from 25 to 27 September 2026 at the Galle Face Hotel, Colombo. The festival will bring together over 30 international and national artists and 175–200 participants from more than 20 countries, reaffirming its place as the region’s leading platform for Salsa, Bachata and Kizomba.
This year’s edition is headlined by Tropical Gem, the world’s No. 1 salsa team, travelling from Italy to perform and teach alongside a stellar international line-up. Attendees can also look forward to the ALIF Cup Sri Lanka Open, a keenly contested competition judged by an international panel, giving local dancers a rare opportunity to compete and connect with world-class talent.
“Every year, ALIF connects Sri Lanka to the world. With this year’s artist line-up and the ALIF Cup competition, we’re not just hosting a festival, we’re putting Sri Lanka on the map as a top destination for dance,” said JD Ruban, Founder and Director of ALIF-SL
Beyond the dance floor, ALIF-SL continues to support Sri Lanka’s tourism sector, drawing dancers, judges and enthusiasts from across the globe to Colombo and positioning the capital as an emerging regional hub for social dance. Organizers plan to grow the festival into a larger regional tourism draw, introduce new competition categories, and bring in even bigger headline acts in future editions.
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