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Home Business News Banking & Insurance

ComBank campaigns in South for Central Bank’s LANKAQR initiative

by Editor
23 February, 2021
in Banking & Insurance, Business News, News
1 min read
ComBank campaigns in South for Central Bank’s LANKAQR initiative

ComBank campaigns in South for Central Bank’s LANKAQR initiative

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The Commercial Bank of Ceylon’s support to the Central Bank initiative to promote cashless digital payments via LANKAQR saw the Bank campaigning for the “රටපුරාම LANKAQR” programme in Galle on 20th and 21st February. The Central Bank programme was graced by Central Bank Governor Deshamanya Prof. W. D. Lakshman and Central Bank Director Payments and Settlements Mr D. Kumaratunge and several other dignitaries.

Commercial Bank, whose App ‘ComBank Q+’ was the first QR-based payment App to be launched on LANKAQR, the national Quick Response (QR) Code platform, is offering customers in the Galle Fort area who pay for purchases via ComBank Q+ a 20% cash back subject to a daily limit till 5th March, and deployed a sales team to visit retail establishments in the Galle Fort to register more vendors for the ComBank Q+ merchantApp, as part of its continuing support to popularising LANKAQR.

ComBank Q+ offers options for both retail customers and merchants. All recently launched Point-of-Sale (POS) machines deployed by the Bank are enabled with LANKAQR functionality. The Bank also launched the Flash Digital Bank Account, a revolutionary account that features a complete suite of financial management and financial wellness tools in one seamless application, which is also certified to process transactions under LANKAQR.

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