The Commercial Bank of Ceylon demonstrated its continuing support to the Central Bank initiative to promote cashless digital payments via the LANKAQR platform when it joined the ‘රටපුරාම LANKAQR’ programme held at the Sanath Jayasuriya Ground in Matara on 3rd April. Dullas Alahapperuma, other officials including Central Bank Director Payments and Settlements Mr D. Kumaratunge and representatives from banks, financial institutions, and telecommunication companies who are members of LANKAQR. Commercial Bank, whose ‘ComBank Q+’ Payment App was the first QR-based App to be launched under LANKAQR, the national Quick Response (QR) Code platform, offered customers who shopped in the Matara area and paid for their purchases via ComBank Q+ Payment App a 35% cash back, subject to a daily limit till 18th April. ComBank Q+ offers options for both retail customers and merchants. All recently launched Android Point-of-Sale (POS) machines deployed by the Bank facilitate cashless payments at merchant outlets countrywide.

Source: The Nation April 09, 2021 01:07 UTC