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2. Sri Lanka Interbank Payment System - Wikipedia

   en.wikipedia.org/wiki/Sri_Lanka_Interbank...

   The Sri Lanka Interbank Payment System, commonly known as SLIPS, is a LKR-only online interbank payment and fund transfer system in Sri Lanka. [1] [2]SLIPS is owned by LankaClear, an organization owned by the Central Bank of Sri Lanka and all Licensed Commercial Banks operating in Sri Lanka, with 47.19% of shares held by the CBSL and State owned commercial banks, and 52.81% by other private banks.

3. Common Electronic Fund Transfer Switch - Wikipedia

   en.wikipedia.org/wiki/Common_Electronic_Fund...

   The General Direction No 01 of 2018 as per the Monetary Board of the Central Bank of Sri Lanka under section 44 of the Payment and Settlement Systems Act No 28 of 2005 came into immediate effect as of 25 July 2018 implies to the operations of the Common Electronic Fund Transfer Switch, Lanka Clear (Pvt) Ltd and members of CEFTS. [8]

4. LankaClear - Wikipedia

   en.wikipedia.org/wiki/LankaClear

   The Sri Lanka Interbank Payment System (or SLIPS in short) is the largest account-to-account fund transfer network in Sri Lanka. [2] Created by LankaClear, it enables member banks to carry out same-day transfers of up to Rs. 5 million, in a secure paperless process. [3] [4]

5. What's the Fastest Way to Transfer Money From One Bank to ...

   www.aol.com/lifestyle/whats-fastest-way-transfer...

   PayPal: With PayPal, you can send money between users and transfer funds to and from bank accounts by linking a bank account or debit card. While PayPal itself is free for standard bank transfers ...

6. LANKAQR - Wikipedia

   en.wikipedia.org/wiki/LANKAQR

   LANKAQR was launched to digitize the payment system in Sri Lanka, and is aimed at entrepreneurs and medium-sized enterprises . The payment system uses scannable QR code stickers, which are provided by LANKAQR's member organizations. The QR codes can be scanned using a proprietary app on a mobile device, which is provided by the user's financial ...

7. Real-time gross settlement - Wikipedia

   en.wikipedia.org/wiki/Real-time_gross_settlement

   Economists believe that an efficient national payment system reduces the cost of exchanging goods and services, and is indispensable to the functioning of the interbank, money, and capital markets. A weak payment system may severely drag on the stability and developmental capacity of a national economy; its failures can result in inefficient ...