Hutch and Bancstac partner to accelerate digital payment innovation

Hutch, Sri Lanka’s leading mobile operator and a subsidiary of Hong Kong-listed multinational conglomerate, CK Hutchison Holdings (CKHH), announces the strategic partnership with Bancstac to launch innovative payment acceptance capabilities across all Hutch digital payment channels to support its business growth.

Bancstac is an innovator in the payments industry and a core technology partner to banks and other institutions. Bancstac enables businesses to seamlessly integrate with, and unlock, a suite of payment capabilities from their partner banks.

Bancstac technology will be deployed across all Hutch digital sales channels to seamlessly launch new payment capabilities for Hutch. The partnership will enable Hutch customers to be able to settle payments with all major cards including Visa, Mastercard, UnionPay International, American Express, Discover Network, and Diners Club.