📱 LB Finance Launches Sri Lanka's First In-App Virtual Debit Card via LB CIM

LB Finance PLC has introduced the LB CIM Virtual Debit Card in partnership with UnionPay International, expanding digital payment infrastructure in Sri Lanka. • Key Highlights & Innovations: • First local app to offer Tap to Pay (NFC) directly within the mobile application without third-party wallet routing. • Enables global e-commerce, international merchant payments, and cross-border QR transactions overseas. • Features consumer-presented QR generation for instant merchant scanning. • Platform Growth: • Annual transaction volume surpassed Rs. 300 Bn across over 6 Mn transactions. • Achieved 173% YoY growth in transaction volume and a 55% YoY increase in transaction count. • Platform app downloads have now exceeded 800,000. • National Impact: • Aims to boost financial inclusion and advance Sri Lanka's transition toward a cash-lite digital economy.