Rexhep-bunjaku, Online Shop, CC BY-SA 3.0
With the fast-growing trend of online shopping in Sri Lanka, financial institutions have developed reliable online payment services to expand e-commerce in the country. People are drawn to e-commerce because it saves both time and money compared to the traditional means of shopping. DirectPay is one of the emerging trends of online payment mechanisms in Sri Lanka.
A virtual hyper mall like Clicknshop offers many payment options ranging from Pay and Pick up to MCash. With the skyrocketing growth of e-commerce in the Asian region and with favourable investment conditions, Sri Lanka is expecting to develop its e-commerce industry to be on par with global standards. Mobile commerce has become the pioneer to steer the future of virtual shopping. Sri Lanka’s e-Local government system has reshaped the public-sector payment landscape. An increased number of mobile internet users show that there is a promising future for the e-commerce industry in Sri Lanka.
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