ComBank commences acceptance of LankaPay-JCB Cards

Commercial Bank Managing Director S. Renganathan (centre left) and Central Bank Governor Dr. Indrajit Coomaraswamy at the signing of the agreement. Others present from left: Commercial Bank Manager – Card Centre Seevali Wickramasinghe, Deputy General Manager – Marketing Hasrath Munasinghe, Lanka Clear Chairman Anil Amarasuriya, Lanka Clear General Manager/CEO Channa De Silva, Central Bank Assistant Governor Ananda Jayalath, Central Bank Payments and Settlements Director Dharmasri Kumaratunge and Commercial Bank Card Centre Head Thusitha Suraweera

The Commercial Bank of Ceylon has become one of the first banks in Sri Lanka to have its point-of-sale (POS) network accept LankaPay-JCB (Japan Credit Bureau) cobranded cards issued under the national card scheme program. 

This follows the integration of Commercial Bank and the LankaPay Common POS Switch System enabling the Bank to acquire JCB cards, the only international payment brand originating from Japan. The POS machine network of Commercial Bank will gradually be upgraded to accept both LankaPay-JCB cobranded cards issued by local banks and JCB cards issued internationally, the bank said.

Consequently, holders of LankaPay-JCB cobranded cards and JCB cardholders will be able to perform both contact and contactless transactions using Commercial Bank’s POS devices in Sri Lanka. Notably, Commercial Bank currently enables point-of-sale acquisition of Visa, MasterCard, and UnionPay cards, and also provides WeChat Pay and Alipay QR code based acquiring services, offering the highest number of payment acceptance channels from a single system to merchants.

JCB is the only international payment brand based in Japan and has been committed to expanding its international presence since 1981. It offers a suite of high-quality products and services that meet the diverse needs of its customers worldwide. Today it has 123 million card members, including payment related product users, and operates in 22 countries and territories.