HNB partners Pay&Go to roll out POS systems for SMEs

by malinga
September 24, 2023 1:05 am 0 comment 219 views

 

HNB PLC has partnered Pay&Go to launch its POS System, offering businesses accessible and affordable payment solutions.

HNB, Head of Cards, Gauthami Niranjan said, “We believe that technology and digital initiatives play a pivotal role in boosting SME growth and, in turn, our nation’s economic well-being.

Representing over 75% of Sri Lanka’s enterprises, SMEs are the engines that drive inclusive economic growth, regional development, job creation, and poverty reduction. Under the first phase of the initiative, HNB with Pay&Go will roll out terminals to SMEs in the Western, Southern and Central provinces.

Entrepreneurs will gain access to enterprise-grade advance payment acceptance solutions, including bill payments, Peer-to-Peer transactions, and QR code payments. The initiative will also enable low-cost payment acceptance and several value-added services. MegaPay (Pvt) Ltd, General Director Vardan Aslibekyan said: “Digital advancements are imperative for sustainable growth in today’s business landscape. The bank’s extensive SME portfolio and commitment to supporting businesses through this transformational period ensures they are the ideal partners for this initiative.”

MegaPay (Pvt) Ltd, which operates under the brand name ‘Pay&Go’, provides innovative payment processing and tech solutions for payment collections.

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