Business
Seylan Bank launches SeylanPay QR payment solutions
D. Kumaratunga, Director – Payments and Settlements Department – Central Bank witnessing the first transaction through ‘SeylanPay’, together with Chaminda Senewiratne – Head of Digital Banking Channels – Seylan Bank, Gamika de Silva – Assistant General Manager – Marketing and Sales – Seylan Bank, Harsha Wanigatunga – Chief Information Officer – Seylan Bank, Kapila Ariyaratne – Director/Chief Executive Officer – Seylan Bank and Ramesh Jayasekara – Chief Operating Officer – Seylan Bank
Seylan Bank, the bank with a heart, recently announced the launch of ‘SeylanPay’, QR code-based payment solution as the latest addition to the digital product range of the bank. The launch marks a key milestone in the bank’s journey and supports Seylan’s strategic direction towards a cashless, paperless and branchless banking model and an enriched payment ecosystem in Sri Lanka.
Kapila Ariyaratne, Director / Chief Executive Officer, Seylan Bank who commented on the launch of SeylanPay said, “Digital banking is the future of the banking and finance industry, and SeylanPay quick response (QR) with its user friendly outlook and convenience of use in varied situations is an ideal addition to the industry, enabling the use of smartphones to carry out secure transactions. Seylan Bank has always been a leader in digital banking in Sri Lanka, leading from the front in introducing Internet & Mobile Banking, Internet Payment Gateways, and Merchant Portal Services, ensuring utmost convenience to all Seylan customers. The SeylanPay payment solution will add convenience to our customers in their busy lives, and we are excited to offer them this opportunity.
Current and savings account holders of Seylan Bank can now make payments using their smartphone at LANKAQR certified merchants, truly embracing digital banking. In addition, SeylanPay customers can link their Credit or Debit Cards and enjoy the convenience of card-less and cashless payments for their day-to-day with security, convenience, simplicity and speed being key factors in their payment experience.
Seylan Bank’s Head of Digital Banking, Chaminda Senewiratne said: “With the introduction of SeylanPay QR payment solution, Seylan bank customers can truly be part of the digital payment revolution in the country. Not only is the payment system convenient, fast and secure for customers to make payments, it is also an ideal solution for small merchants and daily wage earners to collect funds hygienically during this time, in a cost effective, secure and convenient manner.”
Seylan customers can easily download and self-activate the SeylanPay app and register through a simple process. Once the App is installed, customers can simply Scan and Pay at any EMVCo Standard Visa, MasterCard and LankaQR acquiring merchant to complete a financial transaction. A payment notification will be received by both the customer and merchant once the transaction is completed with funds credited to the merchant’s bank account instantly, and all sales automatically consolidated in a report format. Customers too will have clear idea of all transactions they have performed. SeylanPay merchants can accept payments from both Seylan Bank and other bank customers through the respective bank’s mobile payment application supporting Visa, MasterCard, and/or LANKAQR QR code. SeylanPay will facilitate merchants ranging from small to larger scale business ventures to accept transactions and enhance their sales turnover and business growth.
Seylan Bank, the Bank with a Heart, operates with a vision to offer the ultimate banking experience to its valued customers through cutting-edge technology, innovative products, and best-in-class service. The Bank has a growing clientele of SMEs, Retail and Corporate Customers and has expanded its footprint with 172 branches across the country, 216 ATM units, 70 Cash Deposit Machines (CDM) and 83 Cheque Deposit Kiosks (CDK). Seylan Bank has been endorsed as a financially stable organisation with performance excellence across the board by Fitch Ratings, with the bank’s national long-term rating revised upward, from ‘A-(lka)’ to ‘A (lka)’. The bank was ranked second among public listed companies for transparency in corporate reporting by Transparency Global. Seylan Bank has also been named the Most Popular Banking Service Provider in Sri Lanka in Customer Experience by LMD consecutively in 2019 and 2020. These achievements are a testament to Seylan Bank’s financial stability and unwavering dedication to ensuring excellence across all endeavours.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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