Sri Lanka’s No.01 Bank, Bank of Ceylon together with the National Carrier, Sri Lankan Airlines (SLAL) geared to introduce BOC Internet Payment Gateway (BOC IPG) facility in offering seamless digital payment experience to customers of SLAL by enabling secure payments across multiple channels and in multiple currencies.
The Agreement Signing Ceremony was held on 30th of August 2022 under the patronage of the Bank’s General Manager K E D Sumanasiri, Deputy General Manager (Product and Banking Development) Mr. Ajith Karunarathne, Assistant General Manager (Electronic Banking Centre) Eranga Bandara, Assistant General Manager (Digital Products Promotion) S A N C Piumal, Assistant General Manager (IT) Haritha Rajapakshe. Representing the National Carrier, it was joined by the Airline’s Chief Exeutive Officer (CEO) Richard Nuttall, Head Of Worldwide Sales & Distribution Dimuthu Tennakoon, Group Head Of Information Technology Chamara Perera, Senior Manager (Commercial Services & Support) Conrad Reshantha, Manager ( IT Passenger Services & Cargo Systems) Priyanga Weeraratne,Manager ( Revenue Accounting) S Surendra, Manager (E-Business Development) Bimali Malalasekara.
“The partnership will facilitate the National Carrier to offer seamless online payment experience across different time zones and geographies. BOC IPG facility is set to support the National Carrier to reach a wider customer base and to enhance its business turnover in line with their business expansion plans while adding convenience and ease to its global clientele. We are delighted to partner with SLAL’s digital journey,” BOC General Manager Mr. K E D Sumanasiri said.
BOC IPG enables SLAL to accept multiple payment brands in multiple payment channels using a wide range of digital payment methods from computer to mobile phone. It facilitates MasterCard and VISA cardholders to make payments in their own currencies and the National Carrier to receive payments in major foreign currencies. It further supports the EMV3D secure verification processes with ‘Verified by Visa’ and ‘MasterCard Secure Code’.
Further, BOC IPG is also Integrated with all key online platforms and mobile apps of SLAL including booking engine, Charika App, IVR, Holidays, Plusgrade and Aviation College.BOC is the pioneer in introducing payment cards to Sri Lanka in 1989. Presently, it maintains strong relationships with leading global payment schemes such as Visa International, MasterCard International, Chinese Union Pay and JCB. In addition, the Bank has commenced numerous initiatives to facilitate new developments of payment cards and mobile payments in order to safeguard the interest of general public while unlocking growth paths for cooperates. The Bank has been instrumental in leading and shaping the country’s digital payment landscape. As a recognition for its contribution towards promoting digital inclusivity in banking, BOC was recently awarded the prestigious “Overall Gold Award for Excellence in Interbank Digital Payments” at the LankaPay Technnovation Awards 2022 organized by the Lanka Clear Pvt Ltd.
Over the past 83 years in operations, Bank of Ceylon continued to cement its position as the No.01 Bank in the country while serving the national interest, as reflected by numerous global and local accolades. Bank of Ceylon was yet again recognized among world’s top 1,000 banks by ‘’The Banker Magazine UK”. Despite various challenges, BOC maintains a strong balance sheet comprised of an asset base of over Rs.4 trillion and deposit base of over Rs.3 trillion in commanding its local peers. Bank of Ceylon captured the No.1 Banking Brand in Sri Lanka for the 14th consecutive year in the “Brand Finance Lanka’s – Brand Annual” for the year 2022,
while also becoming the sole Banking brand to surpass a brand value over Rs. 50 billion. With over 2,000 touch points spread across the nation, BOC operates over 645 branches connected online and an ATM/CDM/CRM network of over 1350 located in all 25 districts of the country. Bank of Ceylon leads the trade finance and inward remittances market in serving the national interest. Its overseas presence consists of foreign branches in Chennai, Male, Hulhu-Male, Seychelles and a banking subsidiary in London as well as a strong affiliation with the international banking network developed over the years.