Monday Sep 23, 2024
Monday Sep 23, 2024
Monday, 1 September 2014 00:00 - - {{hitsCtrl.values.hits}}
With the advent of CF on to the ‘LankaPay’ SLIPS electronic fund transfer network, its customers can now enjoy same day fund transfers up to the value of Rs. 5 million per transaction. Providing access to every personal and corporate account in the country, the LankaPay SLIPS network will empower CF with the ability to offer a host of other new payment related services that could be tailor-made to best suit customer needs.
LankaPay SLIPS network connects over 3,000 branch locations of all member institutions scattered island wide and envisages moving into real-time fund transfers in the near future. The banking and financial sector has gained significant advantage through the network and, corporates and individuals alike have used the derived services to add value to their business and enhance the ease of transacting.
“Central Finance stands for the highest levels of integrity, flexibility and innovation – which are reflected in our strength and reach to our customers and business partners. Participating in the LankaPay SLIPS network enables us to penetrate beyond the retail customer segment and move into business-to-business (B2B) value chains. LankaPay SLIPS network gives us the platform to offer next-generation services to our customers, whilst gaining better reach, enhanced security and efficiency. CF is proud to become a part of the LankaPay national payment network. We see the digital payment systems it proffers as another step towards a fully integrated, inclusive financial system,” said Central Finance Managing Director Eranjith Wijenaike.
“LankaPay is changing the way Sri Lanka does business, and we are proud to say that this partnership will not only empower the urban community, but also have reach to all parts and segments of the country for financial inclusion. Affordability, speed and secure access are essentials in getting consumers to embrace the payment technology we infuse into the economy, and these are the essential key values we have built into SLIPS and all other payment innovations proffered by LankaClear. The future holds much promise,” said LankaClear Chief Executive Officer and General Manager Sunimal Weerasooriya.
