ComBank and Visa launch Corporate Credit Cards in Sri Lanka

Monday, 12 February 2024 01:44 - - {{hitsCtrl.values.hits}}

Commercial Bank Deputy General Manager – Retail Banking and Marketing Hasrath Munasinghe and Visa Country Manager for Sri Lanka and Maldives Avanthi Colombage at the launch of ComBank Visa Corporate Credit Cards in Sri Lanka. Visa Director – Products and Solutions for Sri Lanka and Maldives Gimali Soysa, Director – Business Development Sheron Mendis, Commercial Bank Head of Card Centre Nishantha De Silva, Senior Manager – Card Operations and New Product Development Seevali Wickramasinghe, and Senior Manager – Credit Cards and Product Management Asanka Krishan are also present

The Commercial Bank of Ceylon has launched the Visa Signature and Visa Platinum Corporate Credit Cards in Sri Lanka in collaboration with Visa.

The corporate cards will be issued to employees of corporates and other business entities. This new product enables corporates to manage expenses of employees, and the card is linked to a corporate credit card account of each company, the bank said.

Since Visa cards are accepted globally, these cards can be used by employees of corporates to pay anywhere in the world for travel, entertainment and other expenses authorised by their respective companies.

The Visa Signature Corporate Credit Cards will also offer their users special benefits such as lounge access at international airports, and other travel-related support.

“We are delighted to partner with Visa once again to launch another important addition to our payment cards portfolio,” Commercial Bank Deputy General Manager – Retail Banking and Marketing Hasrath Munasinghe said. “Visa is a brand that is accepted globally, which is a key point for business travellers in particular, and accords the users prestigious benefits that make a Visa card a must-have when representing a company.”

Visa Country Manager for Sri Lanka and Maldives Avanthi Colombage added: “We are proud to partner with Commercial Bank of Ceylon to launch corporate credit cards tailored for their clients. These cards, available in various variants, offer enhanced expenditure control and visibility, optimised working capital, improved data accessibility, and increased efficiency for organisations, while empowering employees with greater spending flexibility. With Visa’s global acceptance and robust security, these corporate credit cards present a compelling, secure, and convenient financial solution for Sri Lankan organisations.”

Commercial Bank cards are the market leader in Sri Lanka. The bank offers global credit card brands in the Silver, Gold and Platinum tiers and a variety of cards in the premium segment. The cards are equipped with ‘Tap ‘n Go’ NFC technology and are backed by a strong NFC Point-of-Sale (POS) network. ComBank Cards offer an exciting array of promotions and offers across all categories and also offer the Max Loyalty Rewards scheme for selected card categories covering both credit and debit cards.