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BOC & SLIC collaborate to introduce dynamic LANKAQR payments

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Expanding the frontiers of National Quick Response (QR) payment scheme, Bank of Ceylon; Bankers to the Nation, introduces QR based Life Insurance premium payments in partnership with Sri Lanka Insurance Corporation, the largest insurance provider to the nation.

Bank of Ceylon, with an unparalleled history of 81 years ever to be more resilient and agile towards futuristic banking, has taken many initiatives to uplift the digital payment landscape of the country. LANKAQR standard was introduced by the Central Bank of Sri Lanka and Lanka Clear (Pvt) Ltd to strengthen and regulate the QR payment solutions which will facilitate users to make payments from their own mobile device simply by scanning the LANKAQR code of the merchant or biller. Introduction of a national standard for QR payments has enabled inter-operability between banks, finance companies and e-money wallets with clear operational guidelines given by Central Bank of Sri Lanka.

Bringing the revolution to next level, BOC has introduced dynamic LANKAQR based utility bill payments to popularize the concept of ‘Scan and Pay’ which is simple and convenient for users. It was initially implemented with Sri Lanka Telecom, and BOC further widens its scope by affiliating with Sri Lanka Insurance to facilitate the national insurer’s valued life insurance policy holders with the ease of paying their insurance premiums via dynamic LANKAQR, thus enabling seamless digital payment experience.

The addition of LANKAQR convenient cashless payment option is another important milestone of SLIC’s digital journey. SLIC has introduced wide array of digital payment options such as mobile wallet, Digital banking and bill settlements through supermarket chains and banks to provide convenient customer experience. The recent introduction of ‘SLIC’ customer mobile app has enabled customers to conveniently interact with SLIC on Life and General insurance policy details, online payment options, Claim Details and the Motor Plus loyalty and partner network benefits. The digital technology partnership between the two industry leaders, BOC and SLIC with introduction of LANKAQR cashless payment option will enable the Sri Lankan Insurance consumer to enjoy the latest cashless digital payment experience.

BOC SmartPay mobile QR payment app was introduced as a simple applet for merchant QR payments has performed beyond expectations and thus far amassed users exceeding 150,000 across the country. The latest version of SmartPay app will be released soon with enhanced features to offer our valuable clients a new user experience.

The tides are changing rapidly with change in mindset of customers embracing digital banking doing away with traditional banking. Bank of Ceylon thrives on developing synergies with other corporate entities to optimize digital inclusivity and contributing to the national vision of “digital economy”, empowering the nation in line with initiatives and directions of the Central Bank of Sri Lanka.



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Lotus Tyres celebrates success with luxurious retreat for top performing dealers

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Lotus Tyres dealers and families

Samson Rubber Industries Pvt. Ltd recently arranged a luxurious retreat at a star-class hotel to express gratitude to Lotus Tyres dealers and their families. The dealers and their family members enjoyed two days of relaxation and fun at Hotel RIU – Ahungalle, creating lasting memories together. Lotus Tyres, which previously organised a similar programme at the RIU Hotel, received high praise from Tyre Dealers for organising another successful event. Winners of the sales promotion programme organised for dealers who met their sales targets last year (2023), were rewarded with this special opportunity. The event was attended by the management of Samson Rubber Industries, along with the sales and marketing team of Lotus Tyres.

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ComBank donates milestone 300th IT Lab to Nalanda Boys School Minuwangoda

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Commercial Bank Chairman Sharhan Muhseen, Deputy Chairman Raja Senanayake and Managing Director/CEO Mr Sanath Manatunge at the formal opening of the 300th IT Lab donated by the Bank.

Commercial Bank of Ceylon’s nationally-significant campaign to boost digital literacy in Sri Lanka has reached an impactful milestone with the completion of the 300th IT Lab donation by the Bank.

Commercial Bank Chairman Sharhan Muhseen, Deputy Chairman Raja Senanayake, Managing Director Sanath Manatunge, Chief Financial Officer Nandika Buddhipala and Deputy General Manager Retail Banking & Marketing Hasrath Munasinghe, who are Trustees of the Bank’s Corporate Social Responsibility Trust, led the Bank’s representation at the beneficiary school – Nalanda Boys Central College, Minuwangoda, at this event.

Every IT lab donated by the Commercial Bank is equipped with new computers and accessories, and furniture, and is maintained and upgraded by the Bank periodically to ensure that the labs are used by multiple batches of students over many years. The Bank estimates that the IT labs it has donated to schools have already benefitted more than 300,000 students.

Funded as a flagship corporate social responsibility initiative of its CSR Trust, Commercial Bank’s IT education programme is aligned with the country’s Sustainable Development Goals, one of which is to ensure inclusive and equitable quality education and promote lifelong learning opportunities for everyone.

In 2023, the Bank launched a new project to promote science education in 50 schools in collaboration with the National Science Foundation (NSF) and the Science Branch of the Ministry of Education. The project is one of a series of initiatives supported by the Bank to take science, technology, engineering, and mathematics (STEM) education to schools across the country.

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Eco Tablet launches latest vehicle-care products

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Media Coordinator of Eco Tablet Rangila Dasanayaka at the launching event

Eco Tablet has launched their latest products, Glass Reborn and Glass Cleaner Rain Drop, which clean all the glass and side mirrors of vehicles and give them a brighter and transparent look. Their latest product, Glass Reborn removes dust particles, acid rain stains and minor scratches from front and rear windshields, door and quarter glasses and side mirrors, giving them a brand new and clear look. It can be used for glasses and side mirrors of vehicles manufactured in any part of the world such as Japan, Europe, India, Korea, the United States of America and China. After shaking the Glass Reborn bottle, a few drops of it should be applied on the glasses and mirrors and rubbed well to remove stains. It should later be wiped with a microfiber or clean piece of cloth. A 130 millilitre-bottle of Glass Reborn can be used for more than five small cars.

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