Mobile Finance

Dialog Axiata announces remittance and retail partnerships

Dialog Axiata announces remittance and retail partnerships

The growing importance of mobile money in Sri Lanka is underlined by two recent announcements from leading operator Dialog Axiata relating to the remittance market and lifestyle retail.

The operator says it has partnered with Ria Money Transfer to enable individuals abroad to send money directly to eZ Cash wallets in Sri Lanka, benefiting over 20 million Sri Lankans.

Ria Money Transfer is a leader in cross-border money transfers and a business segment of global payments and financial transaction processing company Euronet Worldwide. eZ Cash is Sri Lanka’s first and largest mobile money service.

Through this collaboration, individuals living or working abroad can now use Ria’s network of approximately 638,000 locations in 199 countries and territories, together with digital connections to 4.1 billion bank accounts and 3.4 billion digital wallet accounts, to send funds directly to a Dialog or Airtel mobile number linked to an eZ Cash wallet.

Once received, the funds can be conveniently withdrawn by recipients in Sri Lanka at any of the more than 55,000 eZ Cash retail outlets or via Commercial Bank ATMs, using a Dialog or Airtel mobile number and a secure PIN for verification.

In addition, and this time within the country’s borders, Dialog Axiata is also expanding the reach of Dialog Pay through a new partnership with DSI, one of Sri Lanka's leading footwear and lifestyle retailers.

Customers can now make secure LankaQR payments using digital payments platform Dialog Pay at over 260 DSI stores, adding greater convenience to their shopping experience while receiving complimentary Dialog data on eligible LankaQR transactions.

Customers can use Dialog Pay to shop DSI's range of footwear and accessories, including products from its diverse portfolio of local and international brands.

Accepted across more than 100,000 retail outlets nationwide, Dialog Pay rewards eligible QR payments with complimentary Dialog data. As Axiata puts it, this encourages greater everyday adoption while supporting Sri Lanka's continued transition towards a more digitally connected and cash-light economy.



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