Sri Lanka’s leading mobile payment solution HNB MOMO, announced a significant enhancement to its offering by introducing the mini POS (point-of-sale) device, PAX D188 - compatible with range of digital payment acceptances.
The device is a more modern and versatile MiniPOS equipped with an integrated QR code camera. It is designed to streamline transactions and generate revenue faster by allowing merchants to accept a wider range of payment methods, including traditional card swipes, contactless payments, and even QR code payments through popular platforms. The device, also prioritising portability and ease of use in mind, also eliminates the need for bulky and expensive traditional POS systems, allowing merchants to accept payments conveniently from any location.
"In today’s digital era, Sri Lankan businesses are undergoing a transformation, and our mission is to support their journey. The launch of this mini POS device reaffirms our dedication to meeting their evolving needs. More than just a payment solution, this device symbolizes a strategic asset for businesses spanning multiple sectors, where its versatility, security, and affordability cater to the diverse requirements of businesses, big and small. With this initiative, our goal is to accelerate digital innovation and foster growth throughout Sri Lanka's business community," said HNB Head of Cards, Gauthami Niranjan.
HNB MOMO is a convenient, low cost POS solution for merchants who accept payments via electronic payment card and QR code. With the new mini POS device, merchants can accept credit, debit cards and QR payments with the greatest ease for purchases from their customers.
The integration of the D188 mini POS device will vastly empower small businesses, home-based businesses, delivery services, street vendors, pop-up stalls, entertainment services, and event organisers with a secure, efficient and affordable solution to accept payments seamlessly.
HNB offers the device with a no-commitment option, providing businesses with maximum flexibility in managing their financial infrastructure.
With 254 customer centres, HNB is one of Sri Lanka's largest, most technologically innovative private banks. Consolidating its legacy in sustainability, good governance, and corporate excellence, HNB was crowned the Best Corporate Citizen for 2022 at the Ceylon Chamber of Commerce Best Corporate Citizen Awards. Other significant accolades include being adjudged the "Best Retail Bank in Sri Lanka" for the 14th occasion by the Asian Banker in 2024 , being declared the "Best SME Bank" by Asiamoney Magazine, being awarded the Sri Lanka Technology Excellence Award for Robotics – Banking at the Asian Technology Excellence awards 2023, for integration of Robotic Process Automation in its Custody Banking and Trustee Services, as well as securing a Top 5 position on Business Today's Top 40 rankings for 2023.
