WEBXPAY has announced the appointment of Thilak Piyadigama as its new Executive Chairman, marking a significant step forward in enhancing digital payment solutions in Sri Lanka. With over 30 years of expertise in banking and technology, Piyadigama brings a wealth of experience to his new role.
Piyadigama is set to lead WEBXPAY into an era of digital payment innovation, focusing on improving financial inclusion and spurring economic growth throughout Sri Lanka. His career is distinguished by notable achievements in digital transformation within the banking sector, both locally and internationally.
During his tenure as CEO at SDB Bank, Piyadigama was instrumental in launching the UPay app, which transformed digital payments in Sri Lanka. At Nations Trust Bank, he played a key role in introducing FriMi, Sri Lanka’s first digital bank, and implementing open banking APIs, which set new benchmarks in the industry.
As Executive Chairman of WEBXPAY, Piyadigama aims to leverage his extensive experience to advance the company’s mission of providing seamless digital payment solutions. His vision includes expanding WEBXPAY’s market presence, improving customer experience, and fostering financial inclusion through innovative technologies.
“WEBXPAY’s commitment to innovation and its potential to revolutionize digital payments in Sri Lanka were key factors in my decision to join the company,” Piyadigama said. “My primary goals are to strengthen our technological infrastructure, extend our market reach, and enhance service accessibility, particularly for SMEs crucial to our economic development.”
Piyadigama plans to introduce user-centric features at WEBXPAY, bolster security measures, and explore strategic partnerships to add greater value for customers. Drawing on his experience with digital banking solutions like UPay and FriMi, he aims to enhance WEBXPAY’s offerings and contribute to the growth of digital payments in Sri Lanka.
The digital payments landscape in Sri Lanka is ripe with potential, driven by increasing smartphone penetration and internet usage. Despite the existing variety of payment gateways, there remains significant room for growth. According to Piyadigama, WEBXPAY is well-positioned to play a pivotal role by delivering innovative, reliable, and secure payment platforms that support both businesses and consumers, advancing financial inclusion and economic development.