Dialog Axiata and Mastercard to accelerate digital payment innovation in Sri Lanka

Thursday, 27 December 2018 00:50 - - {{hitsCtrl.values.hits}}

From left: Dialog Axiata Product Manager – Mobile Money and Payment Safraz Razeek, Mastercard Senior Analyst, Digital and Value Added Services Sandun Hapugoda, Mastercard Country Head – Sri Lanka and Maldives Santosh Kumar, Dialog Axiata Group Chief Executive Supun Weerasinghe, Dialog Axiata Vice President – Digital Services Fariq Cader, Dialog Axiata Senior General Manager – Mobile Money and DS Operations Janaka Jayalath, and Dialog Axiata Assistant Manager – Mobile Money Manuri Jayasinghe

Sri Lanka’s premier connectivity provider, Dialog Axiata PLC and Mastercard, the leading global payments and technology company, signed a strategic partnership agreement recently to drive the adoption of digital payments in Sri Lanka.

The partnership will enable opportunity for shared technology platforms and facilitate open loop payments, whilst accelerating the adoption of Mastercard’s digital payment solutions and expanding the reach and acceptance of its card-to-card payment provision. Mastercard will empower Genie, Sri Lanka’s first PCIDSS secure app by Dialog, with ‘Mastercard Integrated’ for processing, ‘Mastercard QR’ for low value merchant payments by using LankaQR, ‘Mastercard Digital Enablement Services’ for contactless payments, ‘Mastercard Payment Gateway Services’ (MPGS) for processing mCommerce transactions with tokenisation and other value-added services, paving the way for convenience and security for thousands of Sri Lankan merchants and their customers.

Mastercard and Dialog will extend various offers to consumers in collaboration, including exclusive cardholder promotions leveraging Dialog’s 20,000 strong merchant network.

Speaking on the collaboration, Dialog Axiata PLC Vice President – Digital Services Fariq Cader said, “We are pleased to partner Mastercard to drive the adoption of mobile payments in Sri Lanka. The growth of payments using connected devices has increased rapidly in the recent years, and through our platforms Genie and eZ Cash, we look forward to creating a secure and convenient way to transact, alongside with easing the interoperability of access for digital services.” He added, “The partnership will also provide access for the unbanked population using eZ Cash.”

“Mastercard is excited to join hands with Sri Lanka’s premier connectivity provider, Dialog, on mobile payments. Dialog’s wide customer base and strong presence across the island will help us extend the convenience and security offered by our cutting edge electronic payment solutions to more Sri Lankan businesses and consumers. Working together, we are committed to driving the adoption of mobile payments in the country,” said Mastercard Country Manager – Sri Lanka and Maldives R.B. Santosh Kumar.