Imposing a maximum per transaction fee for the payments effected through GovPay

8 jk uy," wxl 30" ckdêm;s udj;" 8 Mk; khb> ,y. 30 rdhjpgjp khtj ;ij nfhOk;G 1 Level 8, No. 30, Janadhipathi Mawatha, Colombo 1 ;e ' fm ' 590" fld nfhOk;G 01> ,yq;if P . O. Box. 590, Colombo 01, Sri Lanka.  94 11 2477042 94 11 2387009  psd@cbsl.lk  www.cbsl.gov.lk f.ùï iy mshùï fomd¾;fïka;=j nfhLg;gdTfs;> jPh;g ;gdTfs; jpizf;fsk; Payments and Settlements Department 27 January 2025 Payment and Settlement Systems Circular No. 01 of 2025

To: Chief Executive Officers of All Licensed Banks and All Licensed Finance Companies Imposing a maximum per transaction fee for the payments effected through GovPay This circular is issued in terms of Section 44 of the Payment and Settlement Systems Act, No. 28 of 2005 (Act) read with Section 4 of the Act to promote and facilitate the Common Electronic Fund Transfer Switch (CEFTS) in order to encourage the adoption of digital transactions.
2. All members of CEFTS shall adhere to a maximum per transaction fee of Rs. 15.00 for the
payments effected through GovPay, the platform for making digital payments to the government institutions.
3. This Circular shall come into operation with effect from 01 February 2025.
K V K Alwis
Director
Payments and Settlements