People’s Bank showcased its digital baking prowess yet again by completing a mammoth 5,822,504 transactions and dispensing Rs. 65.3 Bn from the 1st of April to the 15th of April 2021. This includes transactions completed via bank’s Internet banking, mobile apps ATMs, CDMs and Kiosks.
People’s Bank has been at the forefront of providing digital financial services to the rural areas of the country and has gained unparalleled success in turning Sri Lanka into a digital society. The bank pioneered Self Banking Units (SBUs), which was a concept that consisted of ATMs, CDMs and Kiosks which allowed customers to bank at their convenience, 24 hours a day, 7 days a week, 365 days a year. The Self Banking Unit concept has been a colossal success for People’s Bank.
Additionally, the bank’s People’s Wave App and People’s Wyn Apps have also changed Sri Lanka’s digital banking landscape. The People’s Wave App has over 1 million downloads and consists of over 50 different financial transactions and a host of modern banking features to help make banking easier for customers.
The People’s Wyn App was designed specifically for the corporate world, enabling business to authorize, approve, and conduct corporate transactions such as transfers, payments, remittances and much more easily and securely.
People’s Bank began its digital transformation journey in 2015, from which time the bank has launched a plethora of diverse digital banking solutions to deliver enhanced convenience, speed, and efficiency to customers. People’s Bank is well and truly on the way to continue its dominance in the digital banking sector in 2021 and beyond with a focus on transitioning into the most digitalized and technologically advanced bank in Sri Lanka.