Sri Lanka’s 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, holders of LankaPay-JCB co-branded cards and JCB card holders will be able to perform both contact and contactless transactions using Commercial Bank’s POS devices in Sri Lanka. JCB is the only international payment brand based in Japan and has been committed to expanding its international presence since 1981.
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