First ever Dual Interface debit card debuts in SL

Wednesday, 11 May 2016 00:38 - - {{hitsCtrl.values.hits}}

From left: Joint Apparel Association Forum (JAAF) Chairman Noel Piyathilake, MasterCard South Asia Executive Director Vikas Varma, Chief Guest Industry and Commerce Minister Rishad Bathiudeen and Commercial Bank MD Jegan Durairatnam – Pic by Upul Abayasekera

Lake House Printers and Publishers Plc, M C T Cards & Technology Pvt. Ltd., together with Channel 17 on Monday launched the first ever Dual Interface Debit MasterCard in Sri Lanka.

The card is issued on behalf of the Joint Apparel Association Forum (JAAF) and issued by Commercial Bank in association with MasterCard.

This is the very first card of this nature to be launched in Sri Lanka by the pioneers in the banking sector and can be used for payments worldwide. A Dual Interface card can be used with Contact and contactless interfaces.

The contactless interface will be used for the Loyalty Program for providing the benefits to the employees of the apparel sector.

Lake House Printers and Publishers Plc, the pioneers in Security printing together with their principals MC T Cards India have been serving the Sri Lankan card industry for the past nine years. Lake House Printers and Publishers Plc works with leading banks in Sri Lanka in providing the latest innovations available in the global card and payment space. It has the first to bring this technology to Sri Lanka and coming up with many other innovative solutions for the banking and payments industry.