💳 Cabinet Approves Zero-Fee QR Payments Below Rs.5,000 in Sri Lanka 🇱🇰

⭕ Sri Lanka 🇱🇰 Cabinet approves a proposal to remove all charges on QR payments below Rs.5,000

⭕ Q3 2025: 274,000 transactions worth Rs.1.18Bn → ~90,000/month (~Rs.390Mn), highlighting low usage and the need for policy intervention

⭕ Infrastructure in place: 20+ financial institutions + ~30 apps, but cash still dominates retail transactions

⭕ Policy linked to the 2026 Budget, targeting financial inclusion, efficiency, and transparency by accelerating digital economy adoption through removal of cost barriers

#SriLanka 🇱🇰

24 Mar 2026, 19:39

Sources

Original post on X — Numbers.lk (@numberslka)

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7 months ago

The main reason people aren't adapting it is it doesn't work most of the time, and then they have to pay with cash or another method, but the amount still got deducted from their bank.

7 months ago2

Dushyanth Kandiah this is not any promotion on product but I’m using Dialog Genie for around months. QR payment is easy, legit and fast with it. The only issue I’m seeing here is merchants not adapt with QR or NFC methods yet. Just my experience
7 months ago

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