Business
SLT-MOBITEL’s mCash partners with Visa to enable Visa Acceptance on LankaQR
mCash, the mobile money arm of SLT-MOBITEL has partnered with Visa to enable mCash merchants to process Visa payments via LankaQR. This joint endeavour will empower mCash merchants across Sri Lanka to conveniently use the Visa solution to receive QR payments from customers. Visa’s QR payment solution, is a mobile push-payment platform that allows customers to send merchants payments directly from their Visa prepaid, debit or credit card accounts by scanning a QR code with their mobile and following the applicable Visa process for QR payments.
With mCash’s latest addition of LankaQR via partnering bank Commercial Bank enables existing mCash merchants; from small businesses to large-scale enterprises, to conveniently accept payments from any customer who uses an app that is LankaQR certified, including the Visa QR solution. LankaQR codes issued by mCash merchants can accept payments sent through the Visa network using cards issued locally and internationally, placing it amongst one of the most fully-fledged LankaQR codes to be issued to the market.
Commenting on the partnership, Shashika Senarath, Chief Marketing Officer of Mobitel said, “As Sri Lanka continues to evolve digitally, we are proud to partner with Visa and roll out QR code solutions for our consumers ensuring convenience, security and reliability.