How will payments orchestration shape the future of digital transactions in Sri Lanka?
summary
LankaPay reports handling ~35 trillion LKR last year with a run-rate toward 50 trillion, but retail still lags with about 1.5 trillion LKR in cash outside banks; converting government collections and police fines brought 2.7 trillion into digital channels and cut physical trips, showing orchestration works. The panel pushes tokenization, biometric authentication, 3DS2, AI fraud scoring (Mastercard Decision Intelligence) and instant rails plus offline sync and BaaS as practical tools; fintechs must add value services, not chase thin per-transaction margins.
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chapters (10)
- 0:00Introduction
- 1:45Digital push
- 3:30Fintech role
- 8:40Aggregators
- 10:25Adoption gaps
- 15:50Cybersecurity
- 22:00Fraud prevention
- 25:00Future outlook
- 28:15Fintech models
- 30:20Infrastructure
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