In order to digitalizing the retail payment system and eliminate cash handling, Quick Response (QR) code is used by several financial institutions. Lanka QR is a common Quick Response (QR) code standard adopted by financial institutions in Sri Lanka to facilitate fast, secure and low cost digital payments to any merchant, especially small and medium enterprises. It enables customers to pay merchants directly from their bank accounts using a LANKAQR compliant mobile payment app. The payment is instantly credited to the merchant’s bank account. The LANKAQR printed sticker is provided to merchants to display at their place of business by the member institutions of LANKAQR.
The Hatton National Bank PLC has introduced this system at Kaithady ‘Ammachchi Unavaham’ (Traditional food centre) to enable the customers to carry out their payments without cash dealing. At a ceremony held on 15th April 2025 at 12.15 pm, the QR payment system was launched with the participation of Mr.L.Ilaangovan – Chief Secretary to the Northern Province as the Chief Guest. Mr.G.Lokanathan – Director of Northern Province Tourism Bureau, Mrs.S.Vanaja – Director of Industries Department – Northern Province, Mrs.K.Kanchana – Commissioner of Department of Motor Traffic – Northern Province, Mr.N.N.Karunairaj - HNB Regional Manager - Northern Region, Mr.P.Paranitharan - Branch Manager - HNB Kaithady and branch staff of HNB Kaithady also participated at the ceremony.