Seylan Bank partners with LankaClear to offer NCS card acceptance in Sri Lanka

Tuesday, 10 September 2019 00:25 - - {{hitsCtrl.values.hits}}

From left: Seylan Bank Head of Cards Jayanath Dias, Central Bank of Sri Lanka Director Payments and Settlements Department D. Kumaratunge, Swarnamahal Jewellers Chief Executive Officer Dinesh Fernando, Lanka Clear Chief Executive Officer Channa De Silva, Swarnamahal Group Chairman Alex Lovell, Seylan Bank Deputy General Manager Retail Banking Tilan Wijeyesekera and Muslim Commercial Bank Head of IT Thaha Thowfeek

Seylan Bank joined hands with LankaClear, the operator of the National Card Scheme (NCS), to enable LankaPay-Japan Credit Bureau(JCB) co-branded card acceptance at its Point of Sale (POS) network across the island.

Swarnamahal Jewellerswas the first merchant to come on board to accept NCS Credit Cards on behalf of Seylan Bank. Seylan Bank will be upgrading its island-wide POS and mPOS merchant network to gradually accept both LankaPay-JCB co-branded cards issued by local banks and JCB cards issued internationally in the near future.

Seylan Bank continues to evolve with new technology and latest security measures, ensuring its Cardholders carry out safe and convenient cashless transactions. The NCS card is protected with chip-based EMV, which is in line with the highest international security standards for payment card industry guaranteeing less vulnerability for card-related frauds.

JCB is the only international payment brand originating from Japan and is committed to expanding its presence internationally by offering multiple services and benefits for its consumers worldwide. JCB is one of the six International Card Scheme members of EMVCo, which facilitates worldwide interoperability and acceptance for secure payment transactions.

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