Sampath-Cargills co-branded Visa Debit Card for customers

by Ananda KANNANGARA

Sampath Bank and Cargills Food City Ltd, signed an agreement to launch the 'Sampath-Cargills Co- Branded Visa Debit Card' for their customers in the country.

At the launching ceremony in Colombo last week. Joint organisers, the Sampath Bank and the Cargills Foods Ltd, highlighted the importance of having such a VISA debit card, where cardholders could enjoy all the privileges of a debit card as well as a Loyalty Card.

CEO, Sampath Bank, Harris Premaratne said that Sampath Bank has 130 branches islandwide, including three branches in Jaffna and nine branches in the East.

"In addition we operate 186 ATMs for the benefit of over one million account holders at every nook and corner of the country,".

He said the Visa Debit Card can be used to make payments for purchases at Cargills Food City outlets and also to withdraw money at any Sampath Bank ATM or over 20 million Visa merchant locations anywhere in the world.

Deputy Chairman, Cargills, Ranjit Page said that Cargills Foods Ltd has over 140 branches in the country and another 100 branches will be opened during the next three years.

He said people could use the Visa Debit Card even to withdraw cash up to Rs. 5000 from any Cargills Food City outlet while purchasing goods over Rs. 500.

Country Manager, South Asia Visa Worldwide, Uttam Nayak said that unlike earlier, people do not carry cash, since they give a risk even to their lives and therefore they commonly use Visa Debit cards, since they are safe and could be used at any part of the world at any time.