LANKAQR & Card Payments: Speeding Up Counter Checkout and Reducing Cash Handling Errors

Cash handling in Sri Lanka carries hidden costs: counting mistakes during busy hours, counterfeit notes, shortage write-offs at shift close, and trips to deposit heavy coin bags at the bank.

The Power of Dynamic LANKAQR on Vexel Thermal Receipts: - **Zero Manual Amount Typing:** When the cashier closes a bill, Vexel POS generates a dynamic LANKAQR code displaying the exact net total directly on the thermal receipt or customer-facing display. - **Universal Bank App Acceptance:** Shoppers can scan the QR code using any CBSL-certified mobile banking app (Commercial Bank COMBANK Q+, Sampath WePay, HNB SOLO, BOC SmartPay, FriMi). - **Instant Settlement Confirmation:** The counter terminal receives payment confirmation within seconds, kicking the cash drawer or finalizing the digital receipt with zero cashier intervention. - **Lower Transaction Fees:** LANKAQR transaction fees are substantially lower than international credit card swipe commissions, preserving merchant profit margins.