Sri Lanka, Oct. 24 -- Business leaders and authorities in the financial sector yesterday welcomed the introduction of the Unified Payments Interface (UPI) transactions through LankaQR for Indian tourists in Sri Lanka at a time when digital payments are witnessing a surge in adoption within the country.

Commenting on the launch, they said it can revolutionize the tourist experience by providing a seamless payment solution. The Sri Lankan business community, regardless of the scale of the business, can join the LankaQR system easily by communicating with their banks, either state-owned or private.

According to statistics, around 380,000 LankaQR payment acceptance services have been issued by various banks so far and the number is expected...