ComBank supports CBSL in Matara to promote LANKAQR

CEYLON TODAY | Published: 2:00 AM Apr 9 2021
FT ComBank supports CBSL in Matara to promote LANKAQR

The Commercial Bank of Ceylon demonstrated its continuing support to the Central Bank initiative to promote cashless digital payments via the LANKAQR platform when it joined the ‘LANKAQR’ programme held at the Sanath Jayasuriya Ground in Matara on 3 April. The event was graced by the Chief Guest the Minister of Power Dullas Alahapperuma, other officials including Central Bank Director Payments and Settlements D. Kumaratunge and representatives from banks, financial institutions, and telecommunication companies who are members of LANKAQR. 

Commercial Bank, whose ‘ComBank Q+’ Payment App was the first QR-based App to be launched under LANKAQR, the national Quick Response (QR) Code platform, offered customers who shopped in the Matara area and paid for their purchases via ComBank Q+ Payment App a 35% cash back, subject to a daily limit till 18 April. The Bank also deployed a sales team to visit retailers in the locality to educate and register more merchants for the ComBank Q+ Merchant App, as part of its continuing support to popularising the LANKAQR acceptance facility in the country.   

ComBank Q+ offers options for both retail customers and merchants. All recently launched Android Point-of-Sale (POS) machines deployed by the Bank facilitate cashless payments at merchant outlets countrywide. This device is positioned as the most advanced Android POS device in the country. The Android Smart Terminal combines the functionality and portability of an Android terminal with tailored security-certified payments software, enabling it to accept transactions via VISA, Mastercard, UnionPay, LankaPay and JCB, as well as QR-based wallet payments under LANKAQR. 

CEYLON TODAY | Published: 2:00 AM Apr 9 2021

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