BIZ

UPI launched in Sri Lanka (Update)

Published

3 months ago

February 12, 2024

nipuni

A virtual launch held today (Feb. 12) introduced UPI transactions via LankaQR, enhancing digital payments for Indian tourists in Sri Lanka.

Led by NPCI International Payments Limited & LankaPay Pvt Ltd, the initiative aims to rapidly expand, with 10,000 merchants set to accept UPI payments shortly after launch.

By March 2024, this number will reach 65,000, providing a seamless payment solution for Indian tourists, the Presidential Media Division states.

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(Previous News : Published at 2024/02/12 at 9:26 am)

India-Sri Lanka launch UPI to boost tourism

Foreign Minister Ali Sabry says that the Unified Payments Interface (UPI) will be launched between India and Sri Lanka from Monday (12).

The UPI is a digital payment gateway that facilitates instant person-to-person or person-to-merchant transactions using a mobile phone.

Launched in India in 2016, this is currently the most popular payment method in India.

Foreign Minister Ali Sabry said that UPI will be officially launched online on today (12).

The Minister said the system is expected to be implemented centering Colombo and is expected to increase tourism in Sri Lanka.

The agreement regarding the UPI between Sri Lanka and India was signed between Indian Prime Minister Narendra Modi and President Ranil Wickremesinghe in October last year, during President Wickremesinghe’s two-day official visit.

BIZ

Kottu, Fried Rice prices reduced

Published

4 days ago

May 3, 2024

nipuni

The All Ceylon Restaurant Owners’ Association has decided to reduce prices of several food items, following the reduction in gas prices that was announced earlier today (May 03).

Accordingly, the Association announced that the prices of Fried Rice and Koththu will be reduced by Rs. 20 while prices of shorteats will be reduced by Rs. 10.

However, prices of plain tea and milk tea are to remain unchanged, the Association adds.

BIZ

Laugfs Gas also slashes prices

Published

4 days ago

May 3, 2024

nipuni

Laugfs Gas has also reduced its LP gas prices with effect from midnight today (May 03) following the price reduction by Litro Gas.

Accordingly, the price of a 12.5kg cylinder has been reduced by Rs.275 to Rs. 3,840 while the the price of a 5kg cylinder has been reduced by Rs.110 to Rs.1,542.

BIZ

Litro gas prices reduced

Published

4 days ago

May 3, 2024

nipuni

Litro Gas Lanka has reduced the prices of domestic LP gas cylinders with effect from midnight today (May 03).

According to Chairman of Litro Gas Lanka – Muditha Peiris, the price of the 12.5 kg cylinder has been slashed by Rs. 175 to Rs. 3,940 while the price of the 5 kg cylinder has been reduced by Rs. 70 to Rs. 1,582. The price of the 2.3 kg cylinder has been reduced by Rs.32 to Rs.740.