Mass adoption of National Fuel Pass is testament to Sri Lanka’s digital maturity – FITIS With great crises comes even greater opportunity for growth, as witnessed in Sri Lanka over the last two months alone. As the country cautiously emerges from the crippling fuel crisis of July, many attribute the quick adoption of the National Fuel Pass QR code system for bringing ease to the situation. In a landmark move towards increased digital maturity by the Ministry of Power and Energy -under the leadership of Minister, Kanchana Wijesekera-, on the 1st of August 2022 Sri Lanka officially commenced the total implementation of the QR code system for fuel rationing for all motorists; simultaneously negating other ineffective manual systems which attempted to overcome the critical challenge previously. As of September 19, a total of 6,272,385 consumers across the country have registered to receive fuel in this way, with 34,444,886 transactions made ...

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WEBXPAY partners Australian government to empower Sri Lankan MSMEs with digital payments Source:-island.lk Leading online payment gateway, WEBXPAY announced a milestone partnership with Australia’s Department of Foreign Affairs and Trade (DFAT) to significantly expand access to digital payments for Sri Lankan Micro, Small and Medium Enterprises (MSME). The DFAT Partnership for Recovery is part of a series aimed at promoting regional economic recovery. Leveraging WEBXPAY’s ground-breaking payment gateway and integrated e-commerce solutions, the initiative aims to empower MSMEs across the island to plug in and benefit from Sri Lanka’s burgeoning digital ecosystem, with a special emphasis on gender and social inclusion. “We are pleased to partner with WEBXPAY, to aid small and medium sized businesses in Sri Lanka, including women led enterprises, to have access to a safe and convenient way to accept card and mobile payments from domestic and international consumers. “In addition to strengthening their financial and digital ...

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