Arimac has partnered with several multinational companies that have started the trend of digitalisation.
“At Arimac, we are excited to be at the forefront, leading the Sri Lankan fintech industry to the next stage of digitalisation,” said Founder and CEO of Arimac, Chamira Jayasinghe.
One such partnership is Arimac’s collaboration with People’s Bank to launch the People’s Pay digital wallet, enabling individuals and businesses to transact electronically and store their data safely.
Through the People’s Bank mobile wallet, customers can check their account balances, transfer funds, pay utility bills and manage accounts at other banks.
Customers can also conveniently carry out mobile reloads, bill payments, and QR code payments.
Providing customers with enhanced biometric security features, such as fingerprint scanning and facial recognition, the mobile wallet is also equipped with AI technology that would facilitate customers to verify all the information that is uploaded onto the platform as well as capture the users’ digital signatures.
“We developed this app in two months. It normally takes around eight months to develop a fully functional mobile wallet; however, the team was determined to meet the timeline that was given to us and worked tirelessly to achieve this,” he said.
“We are working on enhancing the features even further by transforming the standard mobile wallet to a complete banking solutions app. This will transform the way people handle money and redefine the Sri Lankan banking industry. We are excited to have partnered with People’s Bank to pioneer this groundbreaking technology to the Sri Lankan market,” said Jayasinghe.
– Sunday Observer Sri Lanka
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