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Cargills Bank Introduces First Ever Chip, Pin and Contactless Smart Debit Card in Sri Lanka with Mastercard
Thu, 3 Aug 2017

Cargills Bank proved its ability to deliver value in double quick time to its customers by making available the first ever Smart Mastercard Debit Card in the country with Chip, PIN, Contactless and EMV Compliant technology.

The bank is replacing its existing ATM Cards used by customers with a Smart Debit Card which will enhance the offering of conveniences and benefits to its customers.

Cargills Bank Assistant General Manager Cards and E-Commerce Gehan Dias said, “Cargills is a responsible corporate entity that continues to play an active role in Sri Lanka for many years. We at Cargills Bank aspire to satisfy and delight our customers while remaining true to our core values. The new Debit Card will allow our customers to withdraw cash from over 3,000 LankaPay connected ATMs locally and will have access to over one million ATMs worldwide through Cirrus, Maestro and Mastercard ATM Networks. Customers can also shop with their new Debit Card at over 38 million Mastercard accepted merchant outlets globally. We are confident that Cargills Bank has surpassed industry standards in the speed of implementation of the Switch, CMS and the issuance of Contactless Debit Cards.”

He added, “While assuring customers of enhanced security and peace of mind through the issuance of chip and pin Debit Card, the bank has also been attuned to customer convenience by enabling contact-less transactions through the same card. We plan to initiate a variety of cards in future with amazing offers locally and overseas, and we will keep delivering benefits to customers giving true control into their hands.”

The Cargills Bank Mastercard Debit Card was ceremonially handed over by Mastercard Country Manager – Sri Lanka and Maldives Santosh Kumar to Cargills Bank Deputy General Manager Retail Banking Darshana Ratnayake at the launch event held at Cargills Bank head office on 24 June. Assistant General Manager Cards and E-Commerce Gehan Dias and Deputy General Manager, Marketing Rumaiz Rahim were also present.

“We are delighted to have partnered with Cargills Bank on the launch of Sri Lanka’s first Chip, PIN, Contactless and EMV compliant debit cards. The bank has achieved this milestone within six months of commencing the project. Working with Cargills Bank, we will continue to leverage our synergies and offer you more secure and convenient electronic payment solutions,” said Santosh Kumar.

Cargills Bank is a full-fledged commercial bank providing a comprehensive portfolio of products and services to support personal and business banking needs from Current and Savings accounts, Fixed Deposits, Trade services and Treasury services.

The bank provides unparalleled customer convenience through an array of digital banking service and through its innovative Cargills Cash Savings Account services, the bank has been able to further expand its network enabling customers to transact through over 300 Cargills Food City outlets island-wide, that are open from 8 a.m. to 10 p.m., 365 days of the year.

At present, Cargills Bank’s Head Office is in Colpetty with branches at Maitland Crescent, Maharagama, Old Moor Street, Kandy, Peradeniya, Nuwara Eliya, Thanamalwila, Matara, Galle, Kurunegala, Vavuniya, Chunnakam, and Jaffna.

 

 

 

Source : http://www.ft.lk/article/632867/Cargills-Bank-introduces-first-ever-Chip–PIN-and-Contactless-Smart-Debit-Card-in-Sri-Lanka-with-Mastercard

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