Tuesday, February 18, 2020

BOC partners Mobitel, introduces digital payments through Smartpay

The Bank of Ceylon’s CEO and General Manager Senarath Bandara exchanges the MoU with Sri Lanka Mobitel CEO Nalin Perera. Officials representing the Bank of Ceylon and Sri Lanka Mobitel are also in picture

BOC recently joined hands with Sri Lanka’s National Mobile Service Provider, Mobitel, to deliver convenience to Mobitel customers in making digital payments through QR (quick response) code based payment solution, SmartPay.

BOC SmartPay is the ideal choice for today’s busy customers who seek convenience, simplicity, high security and speed as key factors in their payment experience. With SmartPay, customers can enjoy the convenience of card less and cashless payments for their day-to-day necessities. Since this is a customer-initiated payment method (Push payment), the errors will be minimal. Smartpay app can be downloaded free of charge for android and IOS mobile users. Customer can self-register (Self on boarding) and activate SmartPay App by adding their own current or savings accounts as this payment app follows a very simplified and secured registration process. SmartPay app uses national QR code, “Lanka QR” which is interoperable with other Bank’s mobile payment apps as long as they are Lanka QR certified. SmartPay Users can simply scan the Lanka QR of Mobitel and make payments for both bill settlements and reloads by just entering their Mobitel number. An instant SMS will follow, confirming the transaction.

As Sri Lanka’s National Mobile Service Provider, Mobitel has firmly positioned itself as an Innovator, driving Sri Lanka’s ICT transformation. Mobitel was the first telecom provider to unveil a dedicated Internet of Things (IoT) concept store, X Station, the expert hub for futuristic technology products and services. In an effort to drive Sri Lanka towards digital and financial inclusivity, Mobitel has taken numerous initiatives to empower Sri Lankans to embrace digitalization by introducing tailor made products and services ranging from business solutions to e-Helath, value added mobile packages, tailor made financial solutions and many more. Further, BOC’s partnership with Mobitel fortifies Mobitel’s role in leading Sri Lanka towards an info com and knowledge rich society, offering customers the ultimate convenience to carry out transactions digitally in a hassle-free manner.

To ensure the safety of Mobitel customers when transacting, TheSmartpay app is embedded with high level security features.The app offers customer friendly services such as view balance inquiry and mini statements exclusively for Bank of Ceylon customers, payments to other SmartPay merchants, detailed transaction alerts and promotional messages for all users. Smartpay users could engage in small scale businesses as street vendors, local groceries, pharmacies, and other merchants can themselves upgrade as “SmartPay merchants” to accept payments from customers using the same mobile app by completing a simple registration process at the Bank. Smartpay merchants receive their funds real time and also monitor their transaction history via the app.

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