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...Payment settlement systems in sri lanka retail objectives improve reduction of migration to promote security costs transaction clearing electronic financial time payments inclusion major developments launch the first mobile phone based e money system adoption terminal line encryption technology arrangements for common card switch was launched june operator a network licensed by central bank operate custodian and trustee ensure customer protection reliability regulation supervision oversight is on guideline account services issued statistics total number registered customers as at end oct merchants aggregate value rs data type volume top ups transfers cash outs utility bill otc tle acquirers cards operating mandated mitigate fraud risk associated with cardholder theft while transit...