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Sri Lanka Expands PayPal Services to Enable International Payment Receipts
The Pulse
EconomyPoliticsHOTFriday, May 15, 2026

Sri Lanka Expands PayPal Services to Enable International Payment Receipts

TLDR
  • PayPal now allows Sri Lanka to receive international payments.

  • Official launch: Saturday, May 16, 2026, with PM Dr. Harini Amarasuriya.

  • Upgrades PayPal from 'Send Only' for freelancers and businesses.

  • Initial partners: BoC, Commercial, Sampath; more banks expected.

An official announcement on April 16th marked the expansion of PayPal services in Sri Lanka, enabling users to receive international payments for the first time. Previously, Sri Lankan PayPal accounts were restricted to sending money only. This significant development allows freelancers and small-to-medium enterprises providing online services to directly deposit their earnings into local bank accounts. The service is operational through partnerships with Bank of Ceylon, Commercial Bank, and Sampath Bank, and users can link their Sri Lankan debit and credit cards for transactions.

3 Updates

Update #4\u00b7 May 17 · 1:16 AM

New reports indicate the official announcement for the expansion of PayPal services in Sri Lanka, enabling international payment receipts, took place on Saturday, May 16, 2026, at the Galle Face Hotel, under the patronage of Prime Minister Dr. Harini Amarasuriya. This contradicts previous reports which stated the announcement was on May 15, 2026. The initial banking partners remain Bank of Ceylon, Commercial Bank of Ceylon, and Sampath Bank PLC, with expectations for additional banks to join the collaboration.

Update #3\u00b7 May 15 · 12:17 PM

New articles reveal that PayPal services will be made available in Sri Lanka through initial banking partners: Bank of Ceylon, Commercial Bank of Ceylon, and Sampath Bank PLC. Additional banks are expected to join the collaboration. Prime Minister Dr. Harini Amarasuriya welcomed the initiative by Sri Lankan banks to collaborate with PayPal.

Update #2\u00b7 May 15 · 11:00 AM

The official announcement for the expansion of PayPal services in Sri Lanka, enabling users to receive international payments, took place on May 15, 2026, at the Galle Face Hotel in Colombo. The event was presided over by Prime Minister Dr. Harini Amarasuriya. This development addresses the previous limitation of Sri Lankan PayPal accounts being 'Send Only', which had been a significant obstacle for local freelancers and businesses.

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