HNB partners PickMe to facilitate cashless ridesFebruary 1, 2017, 7:40 pm
From L-R: Roshantha Jayatunga, Senior Manager Card Centre, HNB, Sidath Wijeratne - Chief Digital Officer, HNB, Jonathan Alles, Managing Director/CEO, HNB, Ajith Gunawardena – chairman, Pickme, Jiffry Zulfer – CEO, Pickme
Your next ride in a PickMe could be cashless. Sri Lanka’s most popular mobile app for transportation has picked the country’s largest private sector bank, HNB as their payment solutions provider for Visa and MasterCard debit and credit cards. As Sri Lanka’s largest acquirer of Visa and MasterCard, having 44% market share, HNB is now also the first and only bank in Sri Lanka to facilitate an in-app (mobile) payment gateway which allows Visa or Master credit and debit card holders to pay for their taxi rides within a mobile application.
"HNB has commenced a very ambitious programme to bring superior digital capability to its customers. Conducting a seamless financial transaction in a highly convenient and a secure manner at the end of a journey is a key driver for this initiative, which is on par with similar global solutions. During the year, HNB intends to launch many such consumer focused solutions in engagement with Fintech companies and this is the first step in that journey. HNB’s digital vision goes beyond its own customer base and is focused on leveraging on the available electronic payment and transacting platforms of the country," commented Sidath Wijeratne, HNB’s Chief Digital Officer.
Going forward commuters could avail themselves of this facility by doing a one-time registration. The credit or debit card details have to be entered once into the App. The platform allows for card details to be stored in a secure environment. Once the card information is entered and stored, payment will be automatically deducted once the commuter has reached the destination and the hire is over.
The new service was designed utilizing the most up-to-date security protocols and is PCI DSS compliant (Payment Card Industry Data Security Standards) thus ensuring that any user’s personal information pertaining to the cards stays safely encrypted at all times. - HNB
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