💳 People’s Bank Rolls Out Countrywide UnionPay Acquiring Across 14,000+ Terminals

• Strategic Expansion: State-owned People’s Bank has fully activated UnionPay card acceptance across its nationwide network of over 14,000 Point-of-Sale (POS) terminals, running from Galle to Jaffna. • Merchant & Regional Impact: Upgrades apply automatically across all existing POS estate with zero hardware changes, enabling supermarkets, hotel chains, fuel stations, pharmacies, and small retailers to seamlessly process payments. • Tourism & Cross-Border Payments: Allows local merchants to accept UnionPay cards issued in 80+ markets globally, significantly reducing payment friction for inbound travelers and foreign visitors from key source markets including China, Singapore, Malaysia, and the Gulf. • Digital Infrastructure: Enhances the bank's digital framework—complements core banking modernization, QR merchant payments, and contactless POS upgrades designed to support tourism, exports, and Sri Lanka's broader remittance economy.