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Seylan Bank launches SeylanPay QR payment solutions

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D. Kumaratunga, Director – Payments and Settlements Department – Central Bank witnessing the first transaction through ‘SeylanPay’, together with Chaminda Senewiratne – Head of Digital Banking Channels – Seylan Bank, Gamika de Silva – Assistant General Manager – Marketing and Sales – Seylan Bank, Harsha Wanigatunga – Chief Information Officer – Seylan Bank, Kapila Ariyaratne – Director/Chief Executive Officer – Seylan Bank and Ramesh Jayasekara – Chief Operating Officer – Seylan Bank

Seylan Bank, the bank with a heart, recently announced the launch of ‘SeylanPay’, QR code-based payment solution as the latest addition to the digital product range of the bank.  The launch marks a key milestone in the bank’s journey and supports Seylan’s strategic direction towards a cashless, paperless and branchless banking model and an enriched payment ecosystem in Sri Lanka.   

Kapila Ariyaratne, Director / Chief Executive Officer, Seylan Bank who commented on the launch of SeylanPay said, “Digital banking is the future of the banking and finance industry, and SeylanPay quick response (QR) with its user friendly outlook and convenience of use in varied situations is an ideal addition to the industry, enabling the use of smartphones to carry out secure transactions. Seylan Bank has always been a leader in digital banking in Sri Lanka, leading from the front in introducing Internet & Mobile Banking, Internet Payment Gateways, and Merchant Portal Services, ensuring utmost convenience to all Seylan customers. The SeylanPay payment solution will add convenience to our customers in their busy lives, and we are excited to offer them this opportunity.

Current and savings account holders of Seylan Bank can now make payments using their smartphone at LANKAQR certified merchants, truly embracing digital banking. In addition, SeylanPay customers can link their Credit or Debit Cards and enjoy the convenience of card-less and cashless payments for their day-to-day with security, convenience, simplicity and speed being key factors in their payment experience.

Seylan Bank’s Head of Digital Banking, Chaminda Senewiratne said: “With the introduction of SeylanPay QR payment solution, Seylan bank customers can truly be part of the digital payment revolution in the country. Not only is the payment system convenient, fast and secure for customers to make payments, it is also an ideal solution for small merchants and daily wage earners to collect funds hygienically during this time, in a cost effective, secure and convenient manner.”

Seylan customers can easily download and self-activate the SeylanPay app and register through a simple process. Once the App is installed, customers can simply Scan and Pay at any EMVCo Standard Visa, MasterCard and LankaQR acquiring merchant to complete a financial transaction. A payment notification will be received by both the customer and merchant once the transaction is completed with funds credited to the merchant’s bank account instantly, and all sales automatically consolidated in a report format. Customers too will have clear idea of all transactions they have performed. SeylanPay merchants can accept payments from both Seylan Bank and other bank customers through the respective bank’s mobile payment application supporting Visa, MasterCard, and/or LANKAQR QR code. SeylanPay will facilitate merchants ranging from small to larger scale business ventures to accept transactions and enhance their sales turnover and business growth. 

Seylan Bank, the Bank with a Heart, operates with a vision to offer the ultimate banking experience to its valued customers through cutting-edge technology, innovative products, and best-in-class service. The Bank has a growing clientele of SMEs, Retail and Corporate Customers and has expanded its footprint with 172 branches across the country, 216 ATM units, 70 Cash Deposit Machines (CDM) and 83 Cheque Deposit Kiosks (CDK). Seylan Bank has been endorsed as a financially stable organisation with performance excellence across the board by Fitch Ratings, with the bank’s national long-term rating revised upward, from ‘A-(lka)’ to ‘A (lka)’. The bank was ranked second among public listed companies for transparency in corporate reporting by Transparency Global. Seylan Bank has also been named the Most Popular Banking Service Provider in Sri Lanka in Customer Experience by LMD consecutively in 2019 and 2020. These achievements are a testament to Seylan Bank’s financial stability and unwavering dedication to ensuring excellence across all endeavours.



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Hemas Consumer strengthens portfolio with L’Oréal partnership in Sri Lanka

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Hemas Consumer, the leading manufacturer and distributor in Sri Lanka’s beauty and personal care sector has strengthened its portfolio of offerings in a groundbreaking partnership with the world’s number one beauty company, L’Oréal. With this partnership Hemas Consumer obtains distributor rights to leverage its sales network and innovative marketing approaches in taking L’Oréal’s wide range of beauty and personal care brands across Sri Lanka.

Commenting on the new partnership, Sriyan de Silva Wijeyeratne, Managing Director, Hemas Consumer & Executive Director Hemas Group said, “We have spent over fifty years building successful and strong consumer brands in Sri Lanka. In keeping with our promise of consumer delight and trust, we are elated to partner a world-class cosmetics group like L’Oréal expanding our existing portfolio with the world’s most sought-after beauty and personal care products.

We are well equipped in our distribution process with island-wide sales channels to serve all parts of the country. I believe this partnership will revolutionize Sri Lanka’s beauty care industry and more prospects await as we continue to look ahead with L’Oréal.”

Sabrina Esufally, Director Business Development and Innovation at Hemas Consumer said, “This partnership will enable Sri Lankans to access the iconic brands and solutions created through years of research and innovation by L’Oréal. In the fast evolving and dynamic beauty industry, the combined strength of Hemas’s local heritage and penetration, and L’Oréal’s global technology and trust is the perfect recipe for consumer delight.”

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DFCC Bank supports industrial excellence by partnering CNCI Achiever Awards

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DFCC Bank PLC, stepped up once again for the 3rd consecutive year to partner with the Ceylon National Chamber of Industries (CNCI) as the principal sponsor and official banking partner of the CNCI Achiever Awards 2020.

The CNCI Achiever Awards was held for the 19th consecutive time to recognize the outstanding efforts of exceptional performers who have molded their respective industries with innovative solutions, while overcoming challenges and meeting the demands of their clientele. This year, the event was recently held under strict health guidelines at the Galadari Hotel in Colombo. 

Commenting on the sponsorship, Chief Executive Officer of DFCC Bank PLC Lakshman Silva stated, “We are pleased to have partnered with the Ceylon National Chamber of Industries (CNCI), as the Main Sponsor and Official Banking Partner of the 19th CNCI Achiever Awards 2020. DFCC is honored to partner in reconciling successful Sri Lankan businesses from various industrial sectors. Our partnership with this prestigious awards programme aligns seamlessly with our commitment to foster and reward industrial growth across the country and support local entrepreneurs in MSME & SME sectors.”

 

 

 

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Lanka SSL triumphs with National Gold and Top Ten Awards

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CNCI Achiever Awards 2020

Lanka Special Steel Limited (Lanka SSL), a trusted name in wires and a fully-owned subsidiary of E B Creasy & Company PLC, was recently awarded the coveted National Gold Award under the Extra Large category in the Manufacturing Sector at the Achiever Awards 2020 for Industrial Excellence.

The annual event organized by the Ceylon National Chamber of Industries (CNCI) was held in March 2021 at Colombo, and celebrated some of the leading industrialists in the country for their tremendous and continued efforts in uplifting and promoting quality standards, productivity, growth and strategy, R&D, employee welfare and others whilst contributing to both the society and economy at large.

‘We are immensely proud to have been recognized with two very prominent awards at this year’s CNCI Achiever Awards. It is a huge leap from just winning a Merit Award the last time around, and this incredible achievement certainly reflects our highly ambitious plans to strive for continued excellence. We would like to thank our valued customers and all stakeholders. We are grateful to our hardworking and committed staff at Lanka SSL who have made this possible,’ said Pravin De Silva, CEO of Lanka SSL.

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