August 16, 2023
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7min
      As Sri Lanka focuses on economic recovery, transforming the digital payment landscape for businesses will be a strategic area to consolidate growth, says Avanthi Colombage, Country Manager for Visa in Sri Lanka and Maldives. Visa, a global leader in digital payments, believes that unlocking the potential that digitizing payments can offer to […]

March 21, 2023
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5min
      On Monday the 13 March, the British Council in Sri Lanka hosted an interactive briefing for UK education agents and school counsellors at the Movenpick Hotel in Colombo. The well-attended event saw attendees being introduced to the newly revamped British Council UK agent and counsellor engagement platform – The Hub -, with […]

December 8, 2022
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4min
      Continuing its efforts to drive digital inclusion and provide access to cutting-edge mobile financial solutions, SLT-MOBITEL’s mCash has partnered with Visa and ComBank, offering an exciting 30% cashback reward until 30 April 2023 for payments made for all mCash’s LANKAQR merchants enabled with Visa Acceptance via the Q+ Payment App. The payments […]

October 7, 2022
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6min
      Sri Lanka’s leading online payment gateway solution provider, WEBXPAY announced a landmark partnership with the nation’s leading private sector bank, HNB, to introduce affordable POS solutions to enable digital payments acceptance for Small and Medium Businesses (SMB).  As part of the ongoing Visa Acceptance Fast Track programme that WEBXPAY entered recently, the […]

August 18, 2022
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5min
      Program to empower fintechs in the country with expertise and payment technology from Visa Visa, the global leader in digital payments, has announced Visa Fintech Initiative: Sri Lanka (VFI) to drive fintech innovation in the island nation. As the country prepares to tide over difficult times, the Visa Fintech Initiative: Sri Lanka […]

January 6, 2022
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4min
Billionaire investor Chamath Palihapitiya predicts that Visa and MasterCard lose out and be overthrown by Web3-based payment projects in 2022.     In an episode of the “All-in-podcast” released Wednesday, Billionaire investor and former Facebook executive Chamath Palihapitiya expressed some very bold views and predictions on payment companies Visa and MasterCard. In essence, Palihapitiya predicts the downfall […]

June 30, 2021
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4min
      The collaboration between both companies includes financial support from Visa and will be spread over the five-year partnership period LAGOS, Nigeria, June 29, 2021/ — Carbon (ng.getCarbon.co), a pan-African fintech company providing access to basic financial services for Africans, has today announced a strategic five-year partnership with Visa, the world leader in digital […]

June 14, 2021
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6min
      Continues to Encourage dynamic enterprises to effectively manage their fuel related expenses Colombo, June 13, 2021: Sampath Bank announced the launch of the Sampath Visa Corporate Fuel Card, in prepaid card and credit card formats, to empower businesses of all sizes to go hassle free with their fuel payments. Businesses can offer […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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