Recognising the efforts in transforming Sri Lanka’s mobile financial services, SLT-MOBITEL’s mCash was awarded the prestigious ‘Outstanding Innovations in Digital Payments & Collections in Sri Lanka’ award, at an event held at Hilton Colombo recently. Organised by the Asian Fintech Academy (AFTA), the recognition is part of mCash’s exceptional contributions to the digital payments and collections landscape in Sri Lanka, paving way for businesses and retail sector reap benefits of cutting-edge digital payment solutions.
The award ceremony was graced by the presence of esteemed guests, including Central bank Assistant Governor Ananda Jayalath, Central Bank former Assistant Governor Dr. D. Kumaratunge, PhD, Fintech Association of Sri Lanka (FASL) Senior Adviser Dr. Tissa Jayaweera, PhD, and FASL President Rajkumar Kanagasingam & Joseph Joshy (CTO at the International Financial Services Centres Authority (IFSCA), India) , as well as prominent representatives from leading financial institutions, telecommunications companies, and fintech organisations in Sri Lanka.
As a leading mobile financial service provider in Sri Lanka, mCash continues to achieve remarkable success in the collection management sector, with the business experiencing unparalleled growth in terms of revenue and an ever-growing customer base & mCash enabled network. With success that is deep rooted in the company’s commitment to providing industry leading services to customers and business partners, mCash’s efforts to promote digital payments and collections throughout the country shines through accolades such as this.
The Asian Digital Finance Awards was presented by Asian FinTech Academy with the support of several finance, fintech and blockchain institutions. AFTA is affiliated with Colorado, USA based International Board of Standards (IBS), a certifying body which operates in over 40 nations worldwide. The IBS owns the certifications and trademarks conferred by the Global Academy of Finance and Management (GAFM).
mCash has revolutionized the landscape of mobile financial services in Sri Lanka through its introduction of innovative features and continuous efforts to enhance inclusivity and align with customer lifestyles. Alongside traditional services like money transfers, mobile reloads, and bill payments, mCash goes beyond by offering convenient options for utility, insurance, finance, and leasing payments. A significant achievement of mCash lies in its contribution to expanding financial inclusion and transforming the way individuals conduct transactions through their mobile phones and the extensive mCash-enabled dealer network available to all Sri Lankans. The past few years have witnessed remarkable growth for mCash, with a substantial and ever-expanding customer base & retailer network that spans across the entire country.
Furthermore, mCash enables online and in-store shopping payments via QR code including Railway Seat Reservation, Doctor Channelling & Highway Payments, bank deposits, and digital loans, where customers can apply and get a loan from their mobile via mCash. With these diverse offerings and cutting-edge solutions, mCash is paving the way for a cashless future in Sri Lanka.
Caption for the photo – Joseph Joshy (CTO at the International Financial Services Centres Authority (IFSCA), India), Rajkumar Kanagasingam- FASL President, Yathushan Selvaraja – Assiatam Manager (SLT-Mobitel), Ananda Jayalath- Assistant Governor Central Bank of Sri Lanka , Dr. Tissa Jayaweera Senior Adviser Fintech Association of Sri Lanka , Dr. D. Kumaratunge – CBSL former Assistant Governor