Sampath Bank introduces Visa Corporate Fuel Card

Business

Sampath Bank has launched the Sampath Visa Corporate Fuel Card in prepaid card and credit card formats, to empower businesses of all sizes to go hassle free with their fuel payments.

Businesses can offer this card to their employees to make cashless payments at any fuel station around the island. They can assign predefined transaction limits and impose restrictions on non-fuel transactions. The Sampath Visa Corporate Fuel Card allows cardholders to make contactless payments by simply tapping the card on the POS machine, the bank said in a media release.

Sampath Bank is waiving off the joining fee and first year annual fee on these cards and offering the tailor-made service at a nominal fuel surcharge. The bank is also offering free e-statements and SMS alert facilities to help businesses keep track of each card transaction through to a central administrative point.

The launch of this new cashless payment solution is part of Sampath Bank’s ongoing efforts to encourage businesses to increasingly adopt digitisation for their daily transactions, in line with the Government and the Central Bank of Sri Lanka’s vision for the nation’s payments landscape, it said.

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