Central bank Sri Lanka Archives — LIRNEasia

Dialog Axiata, Sri Lanka’s leading mobile operator launched mobile money payment system yesterday with the consent of central bank, Sri Lanka. Back in 2009 LIRNEasia‘s Senior Policy Fellow  Muhammad Aslam Hayat wrote about the possibility of having mobile money in Sri Lanka and LIRNEasia facilitated it. Dialog is the first operator to be licensed by Sri Lanka’s central bank to make mobile payments. “The dawn of the mobile money era in Sri Lanka has been made possible by the progressive, and financial inclusion focused, regulatory ethos of the Central Bank of Sri Lanka,” Wijayasuriya said. “In this respect Sri Lanka’s payments and settlement legislation and Mobile Payment regulations stand among the most progressive in the world.