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LankaPay–Weixin Pay tie-up set to transform tourism receipts and digital payments landscape

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From left to right, Dinuka Perera – Deputy CEO - LankaPay, Channa de Silva – CEO - LankaPay, Buddhika Hewawasam – Chairman Sri Lanka Tourism Development Authority and Sri Lanka Tourism Promotion Bureau and David Chong – Country Manager, Weixin Pay

Authorities took a decisive leap towards integrating with the global digital economy this week, as LankaPay unveiled cross-border QR payment acceptance in partnership with Weixin Pay—a move widely seen as a game-changer for tourism earnings, financial inclusion, and merchant empowerment.

Launched in Colombo on March 24, the initiative enables millions of Weixin Pay users—particularly from mainland China—to seamlessly transact at more than 400,000 LANKAQR merchants islandwide. In effect, Sri Lanka has plugged directly into one of the world’s most powerful digital payment ecosystems, removing long-standing friction points faced by high-spending inbound travellers.

This is more than a technological upgrade—it is a strategic economic intervention.

At a time when Sri Lanka is aggressively positioning itself to attract higher tourist inflows and boost foreign exchange reserves, enabling trusted, home-grown payment platforms for key source markets such as China could significantly influence visitor spending behaviour. Global travel trends consistently show that tourists spend more when payment systems are frictionless, familiar, and secure.

Weixin Pay, deeply embedded in everyday life in China, dominates both online and offline transactions across sectors—from retail and dining to transport and services. Its integration into Sri Lanka’s LANKAQR network effectively allows Chinese visitors to replicate their domestic payment experience, eliminating currency conversion hassles and reducing reliance on cash.

LankaPay Chief Executive Officer Channa de Silva underscored the broader national significance of the initiative.

“We are extremely pleased to enable Weixin Pay acceptance in Sri Lanka. This collaboration reflects our continued commitment to providing secure, seamless, and internationally interoperable payment solutions. By connecting global travelers with Sri Lanka’s LANKAQR network, we aim to enhance payment convenience while supporting local merchants and contributing to the broader growth of the economy,” he said.

Ben Yang, Managing Director of Weixin Pay for Southeast Asia and North America, pointed to the rapid expansion of outbound Chinese travel and the critical role of payment accessibility.

“This partnership will enable travellers to transact seamlessly while offering local businesses new opportunities to engage with global customers,” he noted, highlighting Sri Lanka’s growing appeal as a destination.

Beyond tourism, the ripple effects of this integration are expected to be far-reaching.

For Sri Lanka’s micro and small enterprises—many of which operate at the fringes of the formal financial system—the development opens a direct gateway to international consumers without requiring sophisticated infrastructure. A simple QR code now connects a roadside vendor, boutique hotel, or small retailer to one of the largest consumer markets in the world.

This has profound implications for financial inclusion. Digital transaction records can strengthen creditworthiness, improve access to financing, and gradually formalise segments of the informal economy—addressing structural constraints that have long hindered MSME growth.

From a policy standpoint, the move also aligns with efforts led by the Central Bank of Sri Lanka to modernise the national payments framework. LANKAQR, built on internationally recognised EMVCo standards, has already laid the foundation for a unified, interoperable QR ecosystem. The onboarding of a global giant like Weixin Pay signals the system’s maturity and international readiness.

Crucially, the initiative is expected to support stronger foreign exchange inflows at a time when external sector stability remains a priority. By capturing tourist spending digitally within the formal financial system, the country stands to improve transparency, efficiency, and revenue tracking.

Analysts say Sri Lanka is now catching up with regional competitors that have aggressively integrated with Chinese and other global payment platforms to attract high-value tourists. In that context, this partnership is both timely and necessary.

With cross-border payment interoperability fast becoming a benchmark for competitive tourism markets, LankaPay’s latest move positions Sri Lanka as a more accessible, digitally strong destination.

By Ifham Nizam



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DIMO KNIGHTS 2026 Reinforces a Culture of Recognition and Growth

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DIMO celebrated DIMO KNIGHTS 2026, recognizing employees whose exceptional dedication, leadership, innovation, and commitment continue to shape the organization’s success. More than an employee recognition event, DIMO KNIGHTS reflects DIMO’s unwavering commitment to cultivating a workplace where people are empowered to thrive, reinforcing the Employee Value Proposition of ‘Making Work Enjoyable and Rewarding’ while bringing its Corporate Purpose of Fuelling Dreams and Aspirations to life.

Held under the theme “Illuminating Leadership, Inspiring Achievement,” the event celebrated individuals who exemplify DIMO’s values and inspire excellence across the organization. By recognizing those who consistently go above and beyond, DIMO continues to foster a high-performance culture where people are empowered to innovate, lead, and create meaningful impact.

A highlight of the evening was the keynote address delivered by Mr. Ravi Kant, former Managing Director and Vice Chairman of Tata Motors India, who shared valuable insights on leadership, organizational transformation, and building resilient organizations capable of sustaining long-term success.

Commenting on the event, Ms. Dilrukshi Kurukulasuriya, Executive Director / Chief Human Resources Officer of DIMO, said: “Our Tribe is the driving force behind DIMO’s continued success. DIMO KNIGHTS is more than a celebration of outstanding performance; it is a reflection of the culture we strive to build every day. By recognizing and empowering our people, we reinforce our Employee Value Proposition of ‘Making Work Enjoyable and Rewarding’ while bringing our Corporate Purpose to life. When our people grow, innovate, and thrive, they create lasting value for our customers, partners, and the communities we serve.”

DIMO KNIGHTS reinforces the organization’s people-first philosophy by fostering a culture of appreciation, continuous learning, and purposeful leadership. The programme reflects DIMO’s conviction that when employees are empowered, recognized, and inspired to excel, they shape the future of the organization through innovation, collaboration, and sustained excellence, strengthening a high-performing culture that delivers lasting value, drives sustainable business success, and reinforces DIMO’s position as an employer of choice.

The evening recognized employees across a wide range of categories, celebrating outstanding performance, innovation, collaboration, customer focus, and leadership. The ceremony culminated with the presentation of the prestigious Innovator of the Year and Employee of the Year awards, with the Employee of the Year accolade presented to Mr. Chathura Gunasekera.

As DIMO continues to invest in developing exceptional talent, initiatives such as DIMO KNIGHTS reaffirm the organization’s belief that sustainable business success begins with its people. By creating an environment where individuals are recognized, empowered, and inspired to achieve their full potential, DIMO continues to cultivate a purpose-driven, high-performing workforce that is equipped to shape the future of the organization while delivering lasting value to all stakeholders.

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Sri Lanka’s lifestyle coffee culture boom and the two faces of its economy

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Cutting the cake for outlet number 100 - a symbol of urban commercial revival set against a backdrop of wider household economic recovery.

By Sanath Nanayakkare

On Baseline Road in Colombo, Barista Coffee recently opened its 100th outlet. For a modern café culture spreading across shopping centers, office districts, and provincial towns, this milestone is a major commercial success. It shows a thriving urban service sector and a growing class of lifestyle consumers who use coffee shops as places to work, socialise, and meet.

This is a curious new picture emerging from Sri Lanka’s post-crisis economic recovery: the coffee cup is getting bigger, even as the household tea cup tells a very different story.

Yet, looking past the espresso machines, a different reality unfolds in the country’s kitchens.

International financial institutions note that while Sri Lanka’s macro-economy is recovering, household welfare and employment remain below pre-crisis levels. Poverty rates sit at roughly double what they were in 2019, and food prices doubled over a three-year span, forcing families to cut back on essentials.

This creates a striking local paradox, especially given Sri Lanka’s proud heritage as a global tea producer. While the world pays top dollar for Ceylon Tea, local market studies and industry reports have long pointed out an unfortunate disparity: many ordinary families find high-quality tea too expensive, often settling for lower-grade alternatives at home.

The growth of a 100-outlet coffee network does not mean prosperity has spread evenly across the island. Instead, it proves that there is a specific, well-resourced segment of consumers with the purchasing power to sustain a premium lifestyle economy, even as many other households carefully calculate the cost of everyday groceries.

Barista’s 100th store is not a bad-news story; it is a testament to acute entrepreneurial grit, shifting consumer behavior, and the vital revival of the nation’s urban service sectors. But it serves as an uncompromising reminder that macroeconomic stabilisation is not synonymous with household recovery.

As Colombo’s coffee culture looks toward its next hundred outlets, the true pulse of the nation’s economic health will not be measured by the espresso machines humming in sleek urban hubs, but by the quiet arithmetic happening in millions of kitchens beyond its doors – where the fundamental question remains whether a family can comfortably afford a better cup of Ceylon Tea.

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Aitken Spence Hotel Holdings Rs. 5 billion debenture issue oversubscribed on opening day

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Aitken Spence Hotel Holdings PLC announced that its maiden listed, rated, unsecured, senior

redeemable debenture issue was oversubscribed on its opening day, 15th September 2026.

The Company sought to raise Rs. 3 billion through an initial issuance of 30 million debentures at Rs.

100 each, with an option to issue a further 20 million debentures in the event of oversubscription of the initial issue, increasing the total issue size to Rs. 5 billion.

The Company said it had received applications for more than 50 million debentures, the full amount on offer, prompting the issue to close at 4:30 p.m. on the opening day (15).

The basis of allotment will be announced to the Colombo Stock Exchange as per regulatory requirements in due course.

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