LankaPay Official Website | Towards a Digital economy

Real Time Payments (CEFTS)

In today's fast-paced business environment, every second counts. That's why LankaPay CEFTS is here to revolutionize your payment processes. Our Common Electronic Fund Transfer Switch (CEFTS) enables seamless, real-time fund transfers upto Rs.5 Mn between any LankaPay CEFTS member bank or financial institution, 24/7/365 days a year.

Whether you need to pay suppliers, or employees, or settle invoices, CEFTS offers a convenient and efficient solution. Say goodbye to delays and waiting times – with CEFTS, your payments are processed instantly, allowing you to focus on growing your business without any hindrances.

As a business owner, security is paramount. Rest assured, CEFTS transactions are conducted under the strict guidance and supervision of the Central Bank of Sri Lanka, ensuring compliance with the highest security standards, including PCI-DSS version 3.2.

Don't let outdated payment methods slow you down. Embrace the future of banking with LankaPay CEFTS and streamline your payments like never before!

Explore the advantages for business

Efficient cash flow management: CEFTS enables businesses to manage their cash flow more efficiently by facilitating real-time fund transfers. This allows for timely payments to suppliers, employees, and other stakeholders, ensuring smooth operations and minimizing financial disruptions.

Enhanced business agility: With the ability to initiate peer-to-peer or corporate payments 24/7, 365 days a year, CEFTS offers businesses greater flexibility and agility in managing their financial transactions. Whether it's responding to urgent payment requests or capitalizing on time-sensitive opportunities, CEFTS empowers businesses to act swiftly and decisively.

Streamlined operations: CEFTS simplifies the payment process by providing multiple channels for initiating transactions, including internet banking, mobile banking portals, ATMs, and over-the-counter services. This streamlines payment operations and reduces the administrative burden associated with traditional payment methods, saving businesses time and resources.

Enhanced security: Operating under the guidance and supervision of the Central Bank of Sri Lanka, CEFTS adheres to stringent security standards, including PCI-DSS version 3.2. This ensures that businesses can conduct transactions with confidence, knowing that their financial data is protected against unauthorized access and fraud

Cost savings: CEFTS offers businesses cost-effective fund transfer solutions with maximum customer charges regulated by the Central Bank. By minimizing transaction fees and eliminating the need for costly manual processes associated with traditional payment methods, CEFTS helps businesses save money and improve their bottom line.

Competitive advantage: By leveraging the speed, convenience, and security of CEFTS, businesses can gain a competitive edge in the market. The ability to execute real-time payments and respond quickly to changing market conditions can differentiate businesses from their competitors and enhance customer satisfaction and loyalty.

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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.

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