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Local and Alternative Payment Methods in Sri Lanka
Population
22,180,000
Currency
Sri Lankan Rupee
Sri Lanka, with over 21 million people, is a booming e-commerce market. The currency is the Sri Lankan Rupee (LKR), and the main languages are Sinhala and Tamil.
The e-commerce and online payment sectors are growing fast. For online merchants, using local payment methods is key to boosting sales. Familiar payment options make customers more likely to complete purchases, reducing cart abandonment, building trust, and enhancing security.
Benefits of Local Payment Methods:
- Increase sales.
- Reduce cart abandonment.
- Enhance customer satisfaction.
- Build customer loyalty.
- Gain trust and stand out in the market.
Offering local payment options connects you with millions of potential customers in Sri Lanka and drives growth.
Sri Lanka
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