CIXOR PayDay, a next-generation WageTech solution for on-demand salary access
The Island
|January 03, 2026
Sarvodaya Development Finance PLC (SDF), in collaboration with Fintechnology Asia Pacific Lanka Pvt Ltd (FINAP), has officially launched CIXOR PayDay, a next-generation digital WageTech platform that enables employees to access a portion of their earned wages in real time, while giving employers a structured and capital-efficient way to offer this benefit.
-
Positioned as a financial wellness tool rather than a loan product, CIXOR PayDay is aimed at salaried and wage-earning Sri Lankans facing short-term cash-flow pressures, combining on-demand access to already-earned income with employer-side features that minimise disruption to working capital.
CIXOR PayDay allows eligible employees to securely access part of their accrued wages through a dedicated mobile app, now available on both the Google Play Store and Apple App Store, transferred directly to their designated bank account or wallet. This helps them manage essential expenses and avoid high-cost informal borrowing.
Diese Geschichte stammt aus der January 03, 2026-Ausgabe von The Island.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Island
The Island
150-year-old Amsterdam church destroyed by New Year's blaze
Amsterdam's Vondel Church, near one of the city's most popular parks, was largely destroyed in a fire just as New Year celebrations were in full swing, Dutch media reported on Thursday.
1 min
January 03, 2026
The Island
Catholic layman's song-meditation draws thousands
(UCAN) Thousands of Sri Lankan Christians attended a four-day song-andprayer meditation programme last month in, what organisers described as, one of the largest lay-led Catholic faith gatherings in the country in recent years.
2 mins
January 03, 2026
The Island
Belfast rallies for Palestine hunger strikers as memories of 1981 return
For many in Belfast, the pro-Palestine hunger strikes are a reminder of what Irish republicans endured 44 years ago
4 mins
January 03, 2026
The Island
CEB demands 11.57 percent power tariff hike in first quarter
The Ceylon Electricity Board (CEB) has submitted a proposal to the Public Utilities Commission of Sri Lanka (PUCSL) seeking an 11.57 percent increase in electricity tariffs for the first quarter of 2026, citing an estimated revenue shortfall and additional financial pressures, including cyclone-related damages.
1 mins
January 03, 2026
The Island
'Good and Bad Neighbours': Jaishankar explains India's neighbourhood policy amid Bangladesh unrest
India’s External Affairs Minister S Jaishankar on Friday outlined India’s approach towards its neighbours, drawing a distinction between “good neighbours” and those that pose security challenges.Speaking at an event at IIT Madras, Jaishankar said India’s neighbourhood policy is guided by “common sense” and mutual conduct.
1 mins
January 03, 2026
The Island
SLTB introduces digital solution to halt malpractices
The Ministry of Transport, Highways and Urban Development says that a digital electronic bus fare payment system has been introduced for Sri Lanka Transport Board (SLTB) buses under a range of new digital solutions being rolled out countrywide, with effect from yesterday (02).
1 min
January 03, 2026
The Island
Modi to inaugurate Sacred Piprahwa Relics exposition on 3 January
Indian Prime Minister Narendra Modi will inaugurate an exposition of the Sacred Piprahwa Relics, believed to be among the earliest corporeal remains associated with Lord Buddha, on 03 January, 2026.
2 mins
January 03, 2026
The Island
CIXOR PayDay, a next-generation WageTech solution for on-demand salary access
Sarvodaya Development Finance PLC (SDF), in collaboration with Fintechnology Asia Pacific Lanka Pvt Ltd (FINAP), has officially launched CIXOR PayDay, a next-generation digital WageTech platform that enables employees to access a portion of their earned wages in real time, while giving employers a structured and capital-efficient way to offer this benefit.
1 mins
January 03, 2026
The Island
Closure of Public Debt Department of the Central Bank of Sri Lanka
The Central Bank of Sri Lanka (CBSL) announces the closure of the Public Debt Department (PDD) and the transfer of the LankaSecure Division of PDD to the Payments and Settlements Department (PSD), effective 01 January 2026.
1 min
January 03, 2026
The Island
When our New Year resolutions fail
Every year, many of us bravely announce our resolutions for the new year.
4 mins
January 03, 2026
Listen
Translate
Change font size
