Visa launches ‘Visa Fintech Initiative: Sri Lanka’


Visa, the global leader in digital payments, launched the Visa Fintech Initiative: Sri Lanka (VFI) to drive fintech innovation in the island nation. As the country prepares to tide over difficult times, the Visa Fintech Initiative: Sri Lanka programme, in partnership with Hatch, aims to empower local fintechs to build payment solutions that solve digital payment challenges and drive adoption of digital services, a spokesman said.

 Avanthi Colombage, Country Manager, Sri Lanka and the Maldives, Visa said, “We are happy to announce the Visa Fintech Initiative in Sri Lanka to empower fintechs with our best-in-class capabilities that can enhance their product propositions. As more people resort to digital payments, it is imperative that we make their experiences simple, seamless and convenient.

With this initiative, fintechs in Sri Lanka can utilise Visa’s expertise to build better products and more intuitive user experiences. Visa can become the preferred partner for many as they leverage our global depth and breadth of expertise. We look forward to partnering with fintechs and creating innovative solutions for Sri Lanka’s payment ecosystem.”

 Visa Fintech Initiative: Sri Lanka, is the third edition in South Asia, after a successful run in India and Bangladesh. Composed through a series of virtual events or webinars hosted by Visa and Hatch, the Visa Fintech Initiative will begin on 6 September and go on through the month. Set to happen on 6, 9 and 15 September, each webinar will focus on a vital aspect of digital payments and familiarise fintechs with Visa’s suite of products and solutions that they can build upon.

Each service supplements quality and value through modules on Visa’s ecommerce solutions, ‘Buy Now Pay Later’ (BNPL), Push Payments through Visa Direct, Global Innovation Tour and Value Added Services.

The programme is also to support local fintech startups by leveraging Visa’s technology, subject matter experts and expertise, the spokesman added.