SDB bank’s UPay Digital Wallet Earns Merit Recognition for Best Digital Payment Application for Retail Payments

SDB bank has been recognized at the LankaPay Technnovation Awards 2026, where its flagship digital payment wallet, UPay, received a Merit recognition in the Best Digital Payment Application for Retail Payments category. This accolade reflects the bank's commitment to advancing digital financial services and promoting seamless, secure, and accessible payment solutions for retail banking customers across Sri Lanka.

The prestigious LankaPay Technnovation Awards are designed to acknowledge and celebrate innovations within the financial technology sector, with a special focus on digital payment solutions. As a Digital Wallet that focuses on enabling secured & convenient user experience, SDB bank’s UPay digital wallet continues to drive digital inclusion, providing a reliable platform for retail customers who require efficient and secure payment methods.

Dinesh Thomas, Chief Information and Digital Officer - SDB bank, commented: “We are honored to receive this recognition at the LankaPay Technnovation Awards 2026. It is a testament to the dedication of our team and our ongoing commitment to enhancing digital financial services in Sri Lanka. UPay has been designed with the goal of offering customers a seamless and secure payment experience, and this award reinforces our mission to lead the way in digital innovation, making everyday transactions more accessible for everyone.”

This award further positions SDB bank as a key player in Sri Lanka’s fintech landscape, showcasing its ability to provide customer centric, forward-thinking solutions that meet the evolving demands of both the retail and digital payment sectors.

About SDB bank:

A future-ready bank, dedicated to offering customer-centric and comprehensive support tailored to each individual's needs, SDB bank is a licensed specialized bank regulated by the Central Bank of Sri Lanka, with a listing on the Main Board of the Colombo Stock Exchange and a Fitch Rating of BB +(lka). Through the network of 94 branches island-wide, the bank provides a comprehensive range of financial services to its Retail, SME, Co-operative, and Business Banking clients across the country. Environmental, Social, and Governance (ESG) principles are deeply ingrained in SDB bank's ethos, with a steadfast focus on uplifting local communities and businesses through sustainable practices. The bank is particularly committed to promoting women's empowerment, sustainable development of SMEs, and digital inclusion, aiming to propel Sri Lanka to new heights.

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Sasika Wickramarathna, Senior Manager - Digital Operations Division - SDB bank, Dinuka Perera, Deputy CEO – LankaPay, Dr. Kenneth de Zilwa – Former Chairman of LankaPay, Dinesh Thomas, Chief Information Officer - SDB bank, Priyantha Liyanage - Former Chairperson of LankaPay, L H A Lakshman Silva - Chairman of LankaPay, Chathuni Jayasinghe, Deputy Manager - Digital Business - SDB bank, Sampath Priyankara, Senior Manager – IT Department - SDB bank, Gayan Fernando, Senior Manager – Marketing and Corporate Communications - SDB bank