People’s Leasing does awareness campaign in Galle district on LANKAQR digital payment system

Sri Lanka’s leading non-bank finance sector company, People’s Leasing & Finance PLC joined hands with the Central Bank of Sri Lanka (CBSL) to promote ‘Rata Puraama LANKAQR’ innovative digital payment program in Galle district. The program organized by the CBSL was actively participated by 21 prominent financial institutions and telecommunication partners in Sri Lanka.

The general public and the business community in Galle district were made aware of making hassle-free payments via LANKAQR –quick response digital payment code.

CBSL Governor, Deshamanya Prof. W D Lakshman participated as the chief guest and the guest of honour was MP. Chandima Weerakkody. CBSL appointed LANKAQR committee chairman and CBSL Director (payments and settlements), Dharmasiri Kumaratunga, Southern province DIG Rohan Silva and SDB Bank CEO Thilak Piyadigama also participated.

The team also comprised of People’s Leasing CEO/ GM Shamindra Marcelline, DGM (Marketing) Laksanda Gunawardene, DGM (ICT) Prabhath Gunasena, Chief Manager, Operations, Hasantha de Silva, PLC Galle branch manager, Ajith Seneviratne and a host of customers and the public.

A significant occurrence at the event was a popular artist living in Galle Fort extending his services to do a portrait of People’s Leasing CEO/ MD Shamindra Marcelline. The due payment for that work of art was made via LANKAQR –quick response digital payment code at that instance.

‘Rata Puraama LANKAQR’ program was initiated by CBSL on realizing the importance of making payments online. Thus it is a customer-oriented and socially responsible move by the CBSL. People who use LANKAQR when doing their day-to-day transactions with merchants could keep cash transactions at bay. This is a credible transaction method which facilitates payments to merchants directly using customers’ bank accounts. The merchant would receive a SMS immediately and the money will be credited to his/her bank account on the following working day.

People’s Leasing via IT related innovations has added immense value to the finance sector by introducing hassle free transaction methods. By adopting LANKAQR – quick response digital payment code the company would add more value to its financial transactions for the benefit of its customers.

People’s Leasing CEO/GM Shamindra Marcelline, said, “Rata Puraama LANKAQR introduced by the CBSL is a timely venture. The awareness program done in Galle district teaming up with the People’s Leasing company was highly successful.”

He added, “In a volatile environment with a pandemic prevailing, it was of utmost importance to introduce a payment system like LANKAQR that facilitates cashless transactions. The merchants who are connected with the LANKAQR payment system facilitate this transaction system and it is very hassle-free for people to transact with them. This payment system doesn’t have any hidden charges and it doesn’t require people to keep money in hand ”

People’s Leasing started its business operations in 1996 as a wholly owned subsidiary of one of the largest State banks in Sri Lanka, People’s Bank. People’s Leasing is currently the highest rated non-bank financial institution in the country, with a “A+(Ika)” rating from Fitch Ratings Lanka Ltd and the number one ranked non-banking financial services brand by Brand Finance PLC. The Company was also recognized as one of the ten best corporate citizens in the country by the Ceylon Chamber of Commerce. People’s Leasing Ranked No. 03 in Transparency in Corporate Reporting (TRAC) by the Transparency International Sri Lanka (TISL).

PLC’s financial service product portfolio includes leasing, auto loans, fixed deposits, savings accounts, housing and business loans, gold loans, margin trading, factoring, and Islamic financial services.

People’s Leasing Conglomerate consists of six subsidiaries – People’s Insurance PLC, People’s Micro-Commerce Ltd, People’s Leasing Property Development Ltd, People’s Leasing Fleet Management Ltd, People’s Leasing Havelock Properties Ltd, and its latest foreign venture, Lankan Alliance Finance Ltd, in Bangladesh.

The unique features of People’s Leasing are its strength and stability to provide diverse financial solutions under one roof, creating a seamless, convenient and friendly customer service experience.