Dialog Finance PLC, the financial services subsidiary of Dialog Axiata PLC, Sri Lanka’s No. 1 connectivity provider, proudly announced its landmark strategic partnership with UnionPay International, one of the world’s largest and fastest-growing global payment networks. The partnership agreement was signed in Colombo in the presence of the Chairman of China UnionPay & UnionPay International and the Group Chief Executive Officer and Director of Dialog Axiata PLC, along with senior UnionPay International officials and leadership from Dialog Finance.
This strategic collaboration positions Dialog Finance to enable a broader spectrum of innovative payment products, enhanced national acceptance, and access to world-class digital payment experiences for Sri Lankan consumers and merchants. These solutions will support key sectors such as e-commerce, mobility, travel, retail, and MSME operations, contributing to the national priority of expanding cashless payments and digital financial inclusion. UnionPay International is one of the world’s leading payment networks with a strong global presence, accepted in over 180 countries and regions. UnionPay has been expanding its footprint through collaborations in banking and payment infrastructure. These strategic partnerships continue to strengthen its role in driving innovation and expanding digital payment adoption globally.
“Through this collaboration, Dialog Finance will deliver world-class payment experiences to Sri Lankan consumers and businesses while strengthening our role as a catalyst for digital financial transformation. This partnership will leverage the strengths of UnionPay International as one of the leading global payment networks and Dialog Group’s leadership in connectivity and cutting-edge technology,” said Mr. Supun Weerasinghe, Director and Group Chief Executive Officer of Dialog Axiata PLC.
Mr. Dong Junfeng, Chairman of China UnionPay and UnionPay International, noted that adhering to the New Four-Party Model, UnionPay simultaneously intensifies its collaboration with mainstream non-bank fintech companies. Leveraging the advantages of mobile payment products and global acceptance network, UnionPay will further facilitate the development of financial inclusion in Sri Lanka.
Dialog Finance PLC is rated AA (lka) with a Stable outlook by Fitch Ratings Lanka and is a licensed finance company regulated by the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011, ensuring compliance, trust, and financial stability.
