Sri Lanka launched governmenta new online payments platform designed to streamline digital transactions for government services.
GovPay was developed by an Information and Communications Technology Agency (ICTA). Langka Pay With support from the Ministry of Digital Economy, under the supervision of the Central Bank of Sri Lanka (CBSL).
The platform aims to modernize revenue collection, increase transparency and enhance digital governance.
Govpay allows citizens and businesses to securely pay taxes, fines, utility fees, education fees and other government-related transactions via banks and digital wallets.
The platform originally planned to consolidate 16 government agencies and expand in two phases, adding 30 more by April 2025.
Twelve commercial banks, including Ceylon Bank, Cargills Bank, Commercial Bank, DFCC Bank, Hatton National Bank, National Savings Bank, NDB Bank, NTB Bank, Pan Asia Bank, People’s Bank, Sampath Bank, and Ceylan Bank, joined the government I did. It promotes payments.
FinTech applications such as Helapay and iPay are also integrated, expanding digital payment options.
The initiative seeks to streamline financial transactions, reduce cash handling, and enhance cybersecurity, while improving efficiency and minimizing the risk of government payment fraud.
The long-term goal is to unify all government agencies on the platform.
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