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SLT-MOBITEL’s mCash partners with ComBank & Visa to offer attractive rewards for LANKAQR merchants

SLT-MOBITEL’s mCash partners with ComBank & Visa to offer attractive rewards for LANKAQR merchants

Continuing its efforts to drive digital inclusion and provide access to cutting edge mobile financial solutions, SLT-MOBITEL’s mCash has partnered with Visa and ComBank, offering an exciting 30% cashback reward until 30 April 2023 for payments made for all mCash’s LANKAQR merchants enabled with Visa Acceptance via the Q+ Payment App. The payments can be made via Q+ Payment App include Sri Lanka Railways and SLT-MOBITEL Mobile Prepaid and Postpaid payments via e bill and other digital channels.

Previously, SLT-MOBITEL partnered with Visa to enhance digital enablement in Sri Lanka via mCash. Additionally, mCash also teamed up with ComBank, enabling mCash merchants to conveniently accept payments from any customer who uses an app that is LANKAQR certified via the LANKAQR solution. Currently, mCash provides fully-fledged LANKAQRs to be offered to the market, providing QR interoperability with other payment applications of Banks and Fin-tech companies.

Elaborating, Avanthi Colombage, Country Manager – Sri Lanka and Maldives, Visa said, “QR payments are a simple, asset-light payment method for both consumers and merchants. We are delighted to partner with Commercial Bank of Ceylon to enable their Visa cardholders to pay for SLT-Mobitel Mobile bills, pay at mCash Merchants and for Sri Lanka Railway advance ticket bookings with ease, security and convenience, while enjoying an additional benefit during the promotional period. We hope this helps a large number of consumers to use digital payments via Visa cards on the Bank’s Q+ Payment App.”

Sustaining these efforts in offering greater benefits to customers, the new cashback rewards is a tangible incentive for customers to save more and enjoy the convenience of digital platforms. SLT-MOBITEL’s mCash continues to introduce innovative features with Visa to be more inclusive and adaptive to customer lifestyles. Such Sending and receiving money, Credit Card Bill Payments, Digital mCash wallet top-up, Mobile reloads and bill payments, Utility, insurance, finance and leasing payments, Online and in-store shopping payments via QR code, Bank deposits and digital loans (where a customer could apply and receive a loan from the mobile via mCash).

mCash is also spearheading breakthrough innovations in payments and collections and enhancing digital inclusivity in Sri Lanka. Apart from extending financial inclusion, mCash has redefined the way consumers carry out transactions with the use of a mobile phone. mCash has experienced immense growth over the last few years with a large clientele and growing customer base that continues to expand countrywide.

Left to Right : Representing SLT-Mobitel, Yathushan Selvaraja - Assistant Manager - Mobile Financial Services, Rishani Gunaratne - Manager - Mobile Financial Services, Shiang Wong - DGM - Prepaid, Isuru Dissanayake - SGM - Special Projects, Chandika Vitharena - CEO ,Mobitel (Pvt) Ltd., Sandeep Ghosh - Group Country Manager - India and South Asia, Visa, Avanthi Colombage - Country Manager - Sri Lanka and Maldives, Visa, Gimali Soysa - Director Products and Solutions - Sri Lanka & Maldives, Visa, Nalin Dissanayake - Director Merchant Sales and Solutions- Sri Lanka & Maldives, Visa

Released date: 
Thursday, December 8, 2022
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