Our journey began with the visionary step taken by the Central Bank of Sri Lanka to establish Automated Clearing House (SLACH) which led to the establishment of LankaClear Private Limited on 1st April 2002. In 2013, we launched LankaPay brand with the roll out of the common card and payment switch. In 2022, we changed our company name to LankaPay Private Limited Today, aligning our brand name and corporate name under a unified name – LankaPay. Today, we proudly stand as a beacon of successful public-private collaboration, owned collectively by the Central Bank and licensed commercial banks across Sri Lanka.

Company Name

LankaPay (Private) Limited

Registered office and principal place of business

Level 18, Bank of Ceylon Head Office, BOC Square, No. 01, Bank of Ceylon Mawatha, Colombo 00100, Sri Lanka.

Legal form and ownership

Incorporated as a private limited liability company under the Companies Act No. 17 of 1982 on
February 8, 2002 and reregistered under the Companies Act No. 7 of 2007.

Composition of the Board of Directors

  • The Chairman is appointed by the Governor of the Central Bank of Sri Lanka, per the Articles of Association.
  • Two Directors represent the interests of the Central Bank of Sri Lanka
  • Two Directors represent the two state banks (Bank of Ceylon and People’s Bank)
  • Three Directors are nominated by the Sri Lanka Banks’ Association, two of whom represent the private local commercial banks and the other represents foreign banks.
  • The Secretary General of the Sri Lanka Banker’s Association constitutes the final Board member, who participates as an observer and is usually invited to express his views.

Company secretaries

Managers & Secretaries (Pvt) Ltd.
No. 8, Tickell Road
Colombo 08

  |  +94 11 2015900
  |  +94 11 2015960

External auditors

Deloitte Partners Chartered Accountants
100 Bravbrooke Place
Colombo 2

  |  +94 11 7719700
  |  +94 11 2697369

Internal auditors

B R De Silva & Company Chartered Accountants
No. 22/4, Vijaya Kumaranatunga Mawatha
Colombo 05

  |  +94 11 4510368
  |  +94 11 4512404

Our accreditations and credentials

Our certifications validate our commitment to security, efficiency, and excellence in the realm of financial transactions and transparency in operations and financial reporting.

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