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“LankaPay” Thrives with Consumer Confidence this Avurudu Season ! Processes Over 1Mn ATM Transactions to The Value of Rs. 5Bn ! 

Sri Lanka’s largest common ATM network – LankaPay, recorded a mammoth 3 fold growth in ATM transaction volumes and 4 fold growth in values within the first 15 days of the April Avurudu season. The national payment network operator recorded over 1Mn ATM Transactions through the LankaPay switch to the value of over Rs. 5Bn during the first 15 days of April 2015.

With Bank of Ceylon, People’s Bank, Seylan Bank, Hatton National Bank, Commercial Bank,  NDB, NTB,  Standard Chartered Bank, Union Bank and Cargills Bank connected on the LankaPay network, customers of all 10 member banks now enjoy ultimate convenience of withdrawing cash and checking account balances at over 2500 ATMs spread all over the country, without having to stand in queues or wasting time and money going in search of their own Bank’s ATM.

Commenting on the progress of the LankaPay network, GM/CEO of LankaClear Mr. Sunimal Weerasooriya said, “The numbers we are speaking of on the LankaPay network is special in the sense that every single ATM transaction recorded is a statement from the consumer that he or she has changed a lifelong habit of only using their own bank ATM to true affordable convenience. We are certain that most of the seasonal shoppers would have enjoyed the convenience 

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