LankaPay Technnovation Awards 2023 is given fresh impetus with the leading international card scheme UnionPay coming abord as the Gold Sponsor. It is the first time that UnionPay International is partnering with LankaPay for this awards competition which is the first and the only payment technology innovation awards in the country, organized for the 5th consecutive year by LankaPay – Sri Lanka’s National Payment Network.

LankaPay Technnovation Awards 2023 will be held on March 21st, 2023 from 6.00 pm onwards at the Ballroom, Shangri-la Hotel, Colombo. Spearheaded by the theme of ‘Innovation to the Core’, the award competition recognizes the banks, non-banking financial institutions as well as FinTechs who have steadfast to the course of enhancing customer convenience through payment technology innovations and promoting digital payments in the country. During the year 2021/22 alone, Sri Lanka saw a value of Rs. 18,671,820,577,107 being transacted via digital means through the LankaPay network. This would not have been possible if not for the banks, non-banking financial institutions as well as FinTechs who thrived for customer convenience through payment technology innovations. The award competition is the only platform which recognizes these trailblazers who are the drivers of the digital transformation in the country.

Speaking of the partnership with UnionPay international the GM/CEO of LankaPay Mr. Channa de Silva said “We are delighted to welcome UnionPay International as the Gold Sponsor of the 5th edition of LankaPay Technnovation Awards – an initiative towards recognizing the payment technology innovators in the country, which has far reaching impact in driving the digital economy of the country. Since its inception, LankaPay Technnovation Awards took reins in providing a platform for the financial sector to bring together and reward the efforts of the technology trailblazers in the industry. We are grateful to UnionPay International for its enthusiasm in being a part of this important event and excited to welcome them aboard.”

Speaking of the partnership, Michelle Shao, General Manager of UnionPay International Hong Kong Branch commented, “We welcome this partnership and the opportunity to champion the innovators within the finance industry as they work towards developing better solutions for customers across the country. We commend LankaPay for initiating this prestigious event and stoking the fire of innovation within the industry.”

About UnionPay
UnionPay International (UPI) is focused on the growth and support of UnionPay's global business. In partnership with more than 2500 institutions worldwide, UnionPay International has enabled card acceptance in 181 countries and regions with issuance in 79 countries and regions. UnionPay International provides high-quality, cost-effective, and secure cross-border payment services to the world's largest cardholder base and ensures convenient local services to a growing number of global UnionPay cardholders and merchants.

Caption – (L-R)
Mr. Lakshman Palliyaguruge – Head of HR and Administration, LankaPay; Mr. Rasika Galappaththy – DGM Finance, LankaPay; Mr. Dinuka Perera – Chief Operating Officer, LankaPay; Mr. Crispin Wijesekera – Country Manager Sri Lanka & Maldives, UnionPay International; Mr. Benzy Fernando – Head of Products & Business Development, Sri Lanka & Maldives, UnionPay International; and Mr. Arouf Samoon – Head of Marketing & Branding Sri Lanka & Maldives of UnionPay International.