Nine banks connect to LankaPay network
LankaPay, the national payment network operator, connected Standard
Charted Bank and Nations Trust Bank (NTB) recently to its growing
network of ATMs taking the total to over 2,500 ATMs. It processed over
10 million transactions to the value of over Rs. 30 billion during 2014.
With the Bank of Ceylon, Commercial Bank, HNB, NDB, NTB, Peoples
Bank, Seylan Bank, Standard Chartered Bank and Union Bank connected to
the network, customers of all nine member banks have the convenience of
withdrawing cash at the nearest ATM, without having to stand in queues
and waste time and money going in search of their own bank ATM.
GM and CEO, LankaClear, Sunimal Weerasooriya said, "We have seen
encouraging figures on our LankaPay network where the monthly
transactions have grown by 25% during the December festive season
compared to the previous month. This is a clear indication that
LankaPay's objectives are being met providing true convenience to bank
customers. Most seasonal shoppers have enjoyed the convenience of our
service, saving time and money during the busy festive season. We are
excited about every new transaction that comes into our network, as we
see it as a sign of trust and confidence that consumers have placed on
the common payment platform," he said.
"With LankaPay rapidly expanding its ATM reach by connecting all ATMs
in the country to the LankaPay network, gone will be the days where
customers went in search of their own bank ATM," Weerasooriya said.