💳 Payable Launches Payments.lk to Disrupt Traditional Payment Gateways

• Market Offering & Rates: Zero setup fees, zero monthly recurring fees, and no fixed per-transaction costs. Local card transaction rates start at 2.29%, while LankaQR and LankaPay start from 0.99%. • Target Segment: Tailored to broaden access for SMEs, startups, freelancers, online sellers, and licensed professionals (e.g., doctors, lawyers, accountants). • Infrastructure & Scale: Powered by Payable’s proven payments platform, which serves 40,000+ Sri Lankan merchants and has processed over LKR 145 billion in card payments. • Broader Ecosystem: Designed as modular payment rails integrating with QR, POS, invoicing, ERP, payroll, and lending infrastructure. • Corporate Context: Supports ICT/BPM and national digital finance adoption following regional tech firm Short Circuit’s acquisition of Payable for LKR 2.6 billion earlier this year.