Ceylinco Insurance, Dialog launch mPOS solution

One of Sri Lanka's largest insurance companies, Ceylinco Insurance - Life, has inked a deal with Dialog to obtain a mobile payment solution which turns a smartphone or tablet into a mobile point-of-sale (mPOS) terminal - allowing sales teams to sell insurance products and collect premiums via credit or cash cards.

Last year Dialog, with Global Payments Asia-Pacific Limited launched the first mPOS solution - of its kind in Sri Lanka. This mobile payment solution enables merchants to accept card payments beyond a counter-top sales environment and wherever business takes them within Sri Lanka.

This mobile payment solution will help Ceylinco Insurance quickly and easily set up a means to accept MasterCard and Visa card payments through a smartphone or tablet.

Ceylinco officials can download a free app provided by Global Payments on their mobile device and connect it to a secure card reader to start accepting card payments instantly. It is compatible with iOS and Android devices and comes with multi-level security measures to protect customer data from being stored on the card reader or the phone.

Dialog offers mobile phone devices at an affordable price and a data package with attractive rates for this new mPOS solution.

"Mobile devices provide convenient, secure and easily accessible services to make customers' lives easier," Chief Executive Officer, Ceylinco Insurance PLC (Life), R Renganathan said.

"We look forward to working with Dialog to launch innovations in this area," he said. This hassle-free and cost-effective mobile card acceptance service helps merchants on the go such as businesses with mobile sales force, home delivery services and outdoor sales operations.

Customers can enjoy added payment convenience as they can now make card payments easily and quickly where cards were previously not accepted.

Dialog will be the first telecommunications provider in the country to adopt this new technology for their mobile sales team. Other businesses can also sign up for this new service through Dialog or Global Payments.

"We are delighted to record our partnership with Ceylinco Insurance, one of the largest insurance providers in Sri Lanka," said Senior General Manager, Mobile Money and Payments, Dialog Axiata, Fariq Cader.