LankaPay, Sri Lanka’s National Payment Network, has announced a strategic partnership with Weixin Pay to enable cross-border QR payment acceptance at LANKAQR merchants across the island. The launch was held on March 24 at NH Collection Colombo.
Through this collaboration, Weixin Pay users travelling to Sri Lanka will be able to seamlessly scan and make payments at over 400,000 LANKAQR-enabled merchants nationwide, significantly strengthening the country’s cross-border digital payment capabilities. The initiative is expected to enhance payment convenience for inbound tourists and business travellers while further supporting the growth of Sri Lanka’s tourism industry.
Weixin Pay, one of the world’s leading mobile payment platforms, is widely used by travellers from mainland China. With this integration, visitors will be able to enjoy a familiar and convenient payment experience similar to what they use in their home country.
This development marks another milestone in LankaPay’s ongoing efforts to strengthen interoperability and expand access to globally recognised digital payment solutions. By connecting international payment platforms to the LANKAQR network, LankaPay continues to improve the accessibility, efficiency, and inclusiveness of Sri Lanka’s digital payments ecosystem while contributing to tourism sector growth.
Commenting on the partnership, LankaPay Chief Executive Officer Channa de Silva said the collaboration reflects the organisation’s commitment to secure, seamless, and globally interoperable payment solutions. He noted that connecting global travellers with Sri Lanka’s LANKAQR network will enhance convenience for users while supporting local merchants and the broader economy.
Weixin Pay Managing Director for Southeast Asia and North America Ben Yang added that the collaboration comes at a time when outbound travel from China continues to grow, making familiar and convenient payment options increasingly important for travellers.
Siyapatha Finance posts exceptional financial results for FY25
Siyapatha Finance PLC records strong FY25 financial performance with robust growth across key indicators
Sri Lanka’s homegrown financial institution Siyapatha Finance PLC has delivered a robust financial performance for the year ended 31st December 2025, reflecting continued strategic growth initiatives, solid asset quality, and resilience amid volatile economic conditions.
The Company posted a profit before tax (PBT) of Rs. 2,660 million, marking a 26% increase compared to the previous year. Profit after tax (PAT) rose by 29% to Rs. 1,556 million, up from Rs. 1,203 million, highlighting strengthened market and customer confidence.
Siyapatha Finance PLC recorded a net interest income of Rs. 5,561 million for FY2025, compared to Rs. 4,533 million in the previous year, indicating improved efficiency in managing assets and liabilities. Net fee and commission income increased significantly by 44% to Rs. 499 million, reinforcing the company’s diversified non-interest income strategy and enhanced digital financial services offering.
Total operating expenses for the year were contained at Rs. 3,793 million, while operating profit before tax reached Rs. 3,662 million, a 26% increase from Rs. 2,908 million in the corresponding period. The improvement was largely driven by operational efficiencies and strategic cost optimisation initiatives. Personnel expenses rose by 24% to Rs. 2,595 million, reflecting investments in workforce development and employee well-being.
During the year under review, the company’s balance sheet remained strong, with total assets rising from Rs. 59,709 million to Rs. 84,740 million. Growth was supported by a 23% expansion in the leasing and hire purchase portfolio and a 63% increase in the gold loan segment, driven by strong demand for SME financing and the company’s expanded islandwide branch network.
Total liabilities also increased to Rs. 74,705 million from Rs. 51,256 million in the previous year, primarily reflecting increased investment activities and growth in small business lending.
LankaPay Launches Cross-Border QR Payments via Weixin Pay at LANKAQR Merchants
