People’s Bank, first bank to be an issuer and an acquirer of LankaPay National Card Scheme

Business

People's Bank has joined LankaPay National Card Scheme, becoming the first bank to be both an Acquirer and an Issuer in this scheme.

The agreement to this partnership was exchanged between People's Bank CEO/General Manager (GM) Ranjith Kodituwakku and LankaClear GM/ CEO Channa De Silva at the People’s Bank Head Office, recently.

People's Bank Senior Deputy General Manager (Payment and Digital) K.B. Rajapakse and Head of Cards Jayanath Dias; LankaClear DGM – Finance Rasika Galappaththy and Manager - Business Development Sashika Kaushalya; and Consultant to JCB International (for Sri Lanka) Lakshman Liyanage, were also present on the occasion of signing of the agreement, the bank said in a media release.

LankaPay National Card Scheme is the domestic card scheme of Sri Lanka adhering to international standards, introduced under the guidance and approval of the Central Bank in partnership with JCB international - one of the six leading international card schemes headquartered in Japan.

People’s Bank is the country’s premier licensed commercial bank with Sri Lanka’s largest banking foot print comprising 741 branches and service centres island-wide.

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