Visa India and South Asia Vice President and Head of Products Ramakrishnan Gopalan recently said that Sri Lanka is poised to join the ranks of rapidly growing economies in the Asia Pacific region, alongside Vietnam and the Philippines.

These emerging markets are expected to drive the next wave of growth in digital payments, cards and contactless instruments.

“The next wave of growth in Asia Pacific in terms of penetration of digital payments, cards and contactless instruments will see a surge in these markets,” said Gopalan.