Pine Labs and WEBXPAY Expand Indian Payment Options in Sri Lanka
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AI-assisted source synthesis · not an independent investigation.
On October 23, 2026, Pine Labs and Sri Lankan payment service provider WEBXPAY announced a partnership to help hotels, tourism, retail, and e-commerce merchants in Sri Lanka accept more Indian payment methods through their existing payment systems. Available methods include UPI, cards issued by major Indian card issuers, online banking payments from more than 100 banks, as well as UPI AutoPay and Credit on UPI. Merchants can also offer EMI installment conversion, with settlement on a T+1 basis. The arrangement operates under the cross-border payment aggregator (PA-CB) framework authorized by the Reserve Bank of India (RBI). Reports indicate that India is Sri Lanka's largest source of tourists, with more than 530,000 Indian tourists visiting Sri Lanka in 2025.
AI-written from reports · updated 7 hours ago
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- Fintech News SingaporePine Labs and WEBXPAY partner to let Sri Lankan merchants accept more Indian payment methods
Pine Labs and WEBXPAY have partnered to enable hotel, tourism, retail, and e-commerce merchants in Sri Lanka to accept UPI, cards from major Indian issuers, net banking payments from more than 100 banks, as well as UPI AutoPay and Credit on UPI through their existing payment systems. Merchants can also offer EMI conversion, with T+1 settlement; the arrangement operates under the RBI-authorized PA-CB framework. India is Sri Lanka’s largest source of tourists, with more than 530,000 Indian visitors in 2025.
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