Wednesday, July 17, 2019

Commercial Bank launches ComBank Q+ –

Commercial Bank’s Managing Director S. Renganathan (Centre) and Central Bank Governor Dr Indrajit Coomaraswamy at the signing of the agreement.

The Commercial Bank of Ceylon has launched ComBank Q+ – the first Quick Response (QR) based payment app to be launched under LANKAQR – creating history yet again by introducing technology that matters in the lives of the Bank’s customers.

LANKAQR is the national QR standard for local currency payments introduced by the Central Bank of Sri Lanka (CBSL).

Commercial Bank’s Credit and Debit Card holders can now experience the utmost convenience of paying for purchases via their mobile phones in a simple and secure manner with ComBankQ+, which is designed to be a convenient and hassle-free payment alternative for cardholders and vendors taking them to the next dimension of payment options.

Making a payment for a product or a service is as simple and as convenient as scanning the vendor’s QR code with their mobile phones and selecting one of their registered Commercial Bank cards to make the payment. Apart from saving them the hassle of signing of slips and even standing in long queues for payment, this app will ensure that the card will stay with the cardholder, minimising the opportunities of card losses and card theft, the Bank said.

ComBankQ+ will open up infinite choices and opportunities for customers who are comfortable with utilising their smart phones for payment for goods and services and for merchants who will enjoy a hassle-free and smooth payment process. Customers could add their COMBANK MasterCard, Visa or LankaPay JCB cards to ComBankQ+ consumer app, enabling them to perform MasterCardQR mVisa or LankaQR transactions. A maximum of five cards can be registered for this service. 

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