HNB expands LANKAQR merchant community with vendors at Majestic City

Continuing its efforts to drive less cash and contactless payments across the island, Sri Lanka’s most digitally-savvy bank HNB PLC, conducted a QR activation programme to onboard merchants in Majestic City to its digital platform SOLO in support of the ‘LANKAQR Rollout’ campaign. 

HNB together with other financial institutions and telecommunication partners participated in a day-long event at the local mall to raise awareness and interact with merchants, including small businesses regarding he advantages of LANKAQR-integrated payments. The bank onboarded a number of merchants to its digital wallet HNB SOLO during the event and presented them with their unique QR codes.

“While the onset of the pandemic spurred the shift to contactless and cashless payment solutions, we have seen an increasing number of merchants and customers convert to LANKAQR for its sheer convenience. Given our accelerated digital transformation over the past few years, it is crucial we capitalize on the substantial interest shown by customers and vendors alike to drastically enhance much needed economic activity,” HNB Head of Digital Services Shankar Dharmaratne said.

CBSL Assistant Governor Dharmasri Kumaratunge presented HNB SOLO merchants with the LANKAQR code during the event. A wide portfolio of merchants’ onboarded with HNB SOLO including clothing, food and beverages and electronics vendors.

“The effort to drive for less cash society is slowly but surely transforming us into a digitally driven economy. We need to keep the momentum of the accelerated digital transformation that we experienced to ensure we establish a less cash economy. As such, I am grateful for the support provided by HNB since the inception of our nationwide LANKAQR campaign,” CBSL Assistant Governor Dharmasri Kumaratunge said.

The bank was among the first financial institutions and telecommunication partners to join the CBSL in promoting digital payments as the standard day-to-day transactions island-wide.

Launched in 2019 as HNB’s flagship digital payment solution, SOLO provides the convenience of digital transactions via affordable, easy and widely- adaptable QR code, a cost-effective option compared to alternative payment solutions available in the market.