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Arimac innovates and Rredefines the Sri Lankan banking industry Source:Island Mobile payments have seen an increased development after the world faced the COVID-19 crisis in 2020. In the new socially distanced world, customers swiftly moved to digital solutions, whether it was for purchasing groceries or indulging in entertainment. Many businesses had to digitally transform themselves to keep up with the “no contact” way of functioning. “Within ten years, the objects used to make physical payments, be it plastic cards, paper cash, or metal coins will be obsolete, with most of that obsolescence happening over the next five years. Arimac currently has partnered with several multinational companies that have already started the trend of digitalization. This isn’t science fiction either. Look no further than Asia for examples of countries where most commerce is transacted through the mobile phone. At Arimac, we are excited to be at the forefront, leading the Sri Lankan ...