The Commercial Bank of Ceylon has become one of the first banks in Sri Lanka to have its point-of-sale (POS) network accept LankaPay-JCB (Japan Credit Bureau) co-branded cards issued under the national card scheme programme
This follows the integration of Commercial Bank and the LankaPay Common POS Switch System enabling the Bank to acquire JCB cards, the only international payment brand originating from Japan.
The POS machine network of Commercial Bank will gradually be upgraded to accept both LankaPay-JCB co-branded cards issued by local banks and JCB cards issued internationally, the Bank said.
Consequently, the holders of LankaPay-JCB co-branded cards as well as JCB card holders will be able to perform both contact and contactless transactions using Commercial Bank’s POS devices in Sri Lanka.
Commercial Bank currently enables point-of-sale acquisition of Visa, MasterCard and UnionPay cards and also provides WeChat Pay and Alipay QR code based acquiring services, offering the highest number of payment acceptance channels from a single system to merchants.
