Payment Exchange Name (PEN)
Bringing Sri Lanka’s national payment infrastructure on par with international players.
Bringing Sri Lanka’s national payment infrastructure on par with international players.
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PEN revolutionizes the way transactions are conducted, providing unparalleled convenience, accuracy, and efficiency. With Payment Exchange Names, each customer can assign a unique identifier to their account, simplifying the process of sending and receiving funds.
By eliminating the need for cumbersome account numbers, this solution drastically reduces the occurrence of transaction disputes and rejections, thereby streamlining operations and enhancing customer satisfaction. Furthermore, Payment Exchange Names pave the way for innovation, allowing financial institutions to introduce new and innovative solutions like JustPay with ease.
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LankaPay is the national payment network of Sri Lanka which provides the central payment infrastructure to the country’s financial sector. With a mission to drive financial inclusivity and empower businesses and individuals with faster, convenient and secure payment options, making payment convenience an affordable and accessible choice for all.
Location
LankaPay (Pvt) Ltd. ‘The Zenith’, 161/A,
Dharmapala Mawatha, Colombo 00700, Sri Lanka.
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