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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Home Business

DFCC Bank Announces UnionPay Acceptance Across ATM/CRM Network

January 23, 2025
in Business
Reading Time: 12 mins read
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Continuing to lead the way in enhancing financial inclusivity through digital innovation, DFCC Bank has announced that its ATM/CRM network now accepts UnionPay International cards via the LankaPay Network. This latest development follows the Bank’s earlier integration of UnionPay acceptance through its Internet Payment Gateways (IPGs) and POS terminals. In extending UnionPay acceptance to its ATM and CRM network, DFCC Bank expands its acceptance footprint, catering to a broader customer base. This includes tourists, business travellers, and residents from regions such as China, Russia, Hong Kong, and other key markets.

This strategic move thus reinforces the DFCC Bank’s leadership in digital banking while helping to support the country’s economic revival by facilitating seamless financial transactions for international visitors. As Sri Lanka’s economy prepares for growth and aims to tap into increasing tourism, DFCC Bank’s partnership with UnionPay positions it as a key player in driving the nation’s financial ecosystem forward.

Chief Digital Officer at DFCC Bank, Omar Sahib, highlighted the significance of this development, “This strategic initiative not only bolsters the influx of tourism, investments, and business travel from China and other key markets but also aligns with DFCC’s commitment to delivering seamless digital banking experiences. By incorporating UnionPay International — one of the largest card brands globally—DFCC continues to contribute to Sri Lanka’s economic growth.”

Speaking of this collaboration, Deputy CEO of LankaPay, Dinuka Perera, said, “We are delighted to have DFCC Bank as the 2nd Bank to accept UnionPay International cards via the LankaPay network. Being a top tourist destination with a considerable number of tourist arrivals from China and other key markets in the Asia Pacific region, this collaboration will no doubt provide greater convenience to UnionPay Cardholders visiting Sri Lanka. We believe our collective efforts will invariably help revive the country’s economy by providing a seamless payment infrastructure for cross-border payments. “

DFCC Bank’s integration of UnionPay at its ATMs and CRMs clearly reflects its purposeful approach to advancing financial inclusion through digital enablement. The Bank’s ambition to broaden its merchant acceptance network and its instrument acceptance portfolio, which now includes UnionPay, MasterCard, Visa, and JCB International, will enable it to serve an increasingly diverse clientele. DFCC Bank thus remains committed to its goal of driving financial inclusivity and digital transformation, making it easier for local and international customers to conduct transactions confidently and efficiently.

Photo caption

Pradeepan Sivalingam – AVP Digital Banking & Strategy, DFCC Bank; Vindya Solangarachchi – Chief Information Officer, DFCC Bank; Omar Sahib Chief Digital Officer, DFCC Bank; Aasiri Iddamalgoda Senior Vice President/Head of Retail Banking & SME, DFCC Bank; Dinuka Perera – Deputy Chief Executive Officer, LankaPay; Crispin Wijesekera – Country Manager, Sri Lanka & Maldives, UnionPay International; Sameera Rowel – Head of Products and Business Development, Sri Lanka and Maldives, UnionPay international; and Arouf Samoon – Head of Marketing & Branding Sri Lanka and Maldives UnionPay International.

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