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Seylan
Bank ties up with MasterCard Worldwide
Seylan Bank has announced a tie-up with MasterCard Worldwide
to offer payment solutions to is valued customers and
merchants. Seylan Bank will issue Credit and Debit Cards
through MasterCard to its customers and also grant card
accepting machines to merchants.
Seylan has seen a rapid revolution in its reach and
visibility across the country. The strategic location
of 114 ATMs to synergize with human interface, providing
anytime, anywhere, anyhow banking and a fleet of mobile
vehicles augmenting the presence of 114 banking centres
throughout the length and breadth of Sri Lanka is pursuant
to its Founder Chairman, Deshamanya Dr. Lalilth kotelawala’s
philosophy of accessibility to all. All branches being
online and real time networked on a multifaceted electronic
delivery platform that includes internet banking, telephone
banking and SMS Banking and to top it all, Seylan Bank
won the “Best Branch Automation and networking
Project” Award 2007, at the Asian Bankers Summit
2008 for its pioneering “Palm Top Banking”
project, the brainchild of its Founder Chairman.
The award signifies the outcome of leveraging cutting
edge technology coupled with human talent to satisfy
the most discerning customer’s convenience in mind.
“We at Seylan Bank are proud to be partners with
MasterCard Worldwide to offer our customers another
card type which is recognised globally. We also intend
to acquire MasterCard using our 114 ATM network island-wide”
says Tissa Nanayakkara – Senior Deputy General
Manager, Seylan Card Centre.
Additionally, through Ceylinco Fast Cash, the Bank enhances
its international product and service portfolio, reaching
out to large numbers of expatriate workers in over 16
countries. Seylan also manages Asia Express Exchange
in Oman.
The 24/7 – 365 day banking services available at
the Millennium Branch further strengthens its presence.
MasterCard Worldwide, which has been in existence for
over 40 years, is one of the largest payment networks
in the world. With over 25 million merchant outlets
and over 1 million master card enabled ATMs, MasterCard
Worldwide advances global commerce by providing a critical
economic link among financial institutions, businesses,
cardholders and merchants. As a franchisor, processor
and advisor, MasterCard develops and markets payment
solutions, processes over 18 billion transactions each
year and provides industry-leading analysis and consulting
services to financial institutions, customers and merchants.
Through its family of brands, including MasterCard®,
Maestro® and Cirrus®, MasterCard serves consumers
and businesses in more than 210 countries and territories.
Commenting on the collaboration Mugizhnan Sambandamoorthy
– Senior Manager, National Key Accounts South Asia
– MasterCard Worldwide said ; “We, at MasterCard,
are always striving to deliver the best technology to
our customer banks. Innovation is an integral part of
MasterCard Worldwide and we are constantly driven to
provide products and services that meet the need of
diverse range of consumers.”
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