DFCC Bank has extended its digital payments infrastructure to Sri Lanka’s public transport network by enabling QR, credit and debit card acceptance in buses through DFCC Point of Sale (POS) terminals. This initiative supports the Ministry of Transport’s nationwide effort to modernise fare collection and shift the sector towards a cashless operating model.
As part of the rollout, DFCC Bank will provide POS terminals to bus owners and operators in accordance with Ministry-issued operational guidelines. Each terminal is equipped with newly developed software compliant with the Ministry’s technical and regulatory standards, enabling secure, real-time fare collection and improved operational efficiency across bus fleets. The Bank also offers an Electronic Ticket Issuing Machine (ETIM) in partnership with certified ticketing application providers and hardware partners, creating an integrated solution for daily bus operations.
Aasiri Iddamalgoda, Senior Vice President, Head of Retail & Business Banking of DFCC Bank, said: “DFCC Bank is proud to support the Ministry of Transport in taking Sri Lanka’s bus network into a new era of digital convenience. By enabling card acceptance on buses, we are helping create a safer and more seamless payment experience for commuters while offering operators a secure and efficient way to manage their daily transactions.”
This collaboration forms part of DFCC Bank’s broader strategy to advance digital payments across essential service sectors. With extensive POS deployments across multiple industries, the Bank now extends its payment capability to public transportation in support of the Government’s long-term digital economy roadmap.
The introduction of digital payments on buses is expected to accelerate the national shift towards cashless mobility, giving passengers a faster, safer, and more convenient fare payment experience, while enhancing accountability and operational efficiency across Sri Lanka’s transport ecosystem.
About DFCC Bank
DFCC Bank PLC, established in 1955 and listed on the Colombo Stock Exchange since 1956, is one of Sri Lanka’s leading financial institutions. Regulated by the Central Bank of Sri Lanka and rated A (lka) by Fitch Ratings, the Bank offers a comprehensive portfolio of retail, corporate, and SME banking services, along with treasury, investment, and trade finance solutions.
With customer centricity and sustainable innovation at its core, DFCC Bank delivers seamless and secure banking experiences, which include digital platforms like DFCC MySpace, and through a network of 133 branches and access to over 6,000 ATMs via the LankaPay network.
A recognised leader in sustainable finance and renewable energy initiatives, DFCC Bank is committed to reducing environmental impact and fostering long-term economic resilience.
