In its endeavour to support Sri Lankan businesses, DFCC Bank, announced the implementation of Mastercard into its Payment Gateway to empower customers to sell goods and services online and receive payments electronically.
The implementation of the Mastercard Payment Gateway is yet another milestone in the bank’s journey of digital service enablement.
The bank continues to drive digital adoption and is actively contributing to the banking sector, as the Nation increasingly embraces a digital economy.
This service will be available for micro, small, medium, and large businesses that price their products with varied values, thereby giving them the potential to grow and contribute to the digital economy.
Mastercard Payment Gateway will enable the acceptance of payments through platforms in which micro-businesses transact on a regular basis. It will allow the Bank to customise the service offerings to each business, making it conveniently accessible, while also tightly managing inherent risks.
Discussing the implementation of the Payment Gateway service by DFCC Bank, Aasiri Iddamalgoda, Senior Vice President – Retail Banking and SME at DFCC Bank said, “As the Bank for Everyone, we understand that there is a crucial need for reliable and secure digital payment infrastructure with a wide range of payment options.”
Through this collaboration, DFFC Bank aims to increase acceptance by partnering with service providers and penetrating emerging market segments.