Connect with us

Business

SLT-MOBITEL’s mCash partners with Visa to enable Visa Acceptance on LankaQR

Published

on

mCash, the mobile money arm of SLT-MOBITEL has partnered with Visa to enable mCash merchants to process Visa payments via LankaQR. This joint endeavour will empower mCash merchants across Sri Lanka to conveniently use the Visa solution to receive QR payments from customers.

Visa’s QR payment solution, is a mobile push-payment platform that allows customers to send merchants payments directly from their Visa prepaid, debit or credit card accounts by scanning a QR code with their mobile and following the applicable Visa process for QR payments.

With mCash’s latest addition of LankaQR via partnering bank Commercial Bank enables existing mCash merchants; from small businesses to large-scale enterprises, to conveniently accept payments from any customer who uses an app that is LankaQR certified, including the Visa QR solution. LankaQR codes issued by mCash merchants can accept payments sent through the Visa network using cards issued locally and internationally, placing it amongst one of the most fully-fledged LankaQR codes to be issued to the market.

Commenting on the partnership, Shashika Senarath, Chief Marketing Officer of Mobitel said, “As Sri Lanka continues to evolve digitally, we are proud to partner with Visa and roll out QR code solutions for our consumers ensuring convenience, security and reliability. With this partnership, we are able to deliver new payment innovations for our merchant base through mCash and LankaQR’s interoperable standards thus empowering our customers to pay and get paid seamlessly and further uplift Sri Lanka’s digital payment landscape.”

LankaQR was first launched through an initiative by the Central Bank of Sri Lanka (CBSL). This was to ensure that all QR codes and QR-based transactions in Sri Lanka occur in a regulated and inter-operative manner. LankaQR’s island-wide activation is further in support of the Central Bank’s ‘Cash Wade’ campaign which aims to increase the adoption of digital transactions in Sri Lanka and to highlight issues related to using cash and encouraging consumers to enjoy the convenience of payments through digital platforms.

Anthony Watson, Country Manager – Sri Lanka and Maldives, Visa said, “The increased adoption of less-touch payments, be it contactless cards or QR codes, signals the shift of consumers and merchants alike, towards more forms of digital payments. We’re delighted to enable QR payments on Visa for merchants of SLT-Mobitel, so they can accept payments from Visa cardholders easily and safely. With this, we aim to expand digital payment infrastructure, usage and acceptance across small merchants in Sri Lanka.”



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

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

Published

on

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.”

Continue Reading

Business

DFCC Bank supports industrial excellence by partnering CNCI Achiever Awards

Published

on

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.”

 

 

 

Continue Reading

Business

Lanka SSL triumphs with National Gold and Top Ten Awards

Published

on

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.

Continue Reading

Trending