National Card Scheme (NCS) / Overview
LankaClear (Private) Limited (LankaClear and JCB International Co., Ltd. (JCBI), have entered into a strategic partnership for the establishment of the National Card Scheme (NCS) under the direction and supervision of the Central Bank of Sri Lanka.

Under the NCS program, domestic banks and financial institutions can choose to issue LankaPay-JCB co-branded debit cards. LankaPay-JCB co-branded cards will be accepted across LankaPay payment network (ATM and POSs) locally and across JCB international network globally, especially providing a lower cost card acceptance in the Asian countries.

In addition, the strategic partnership would also facilitate the acceptance of international JCB and partner network cards at ATMs and merchants who are on LankaPay network.



In addition, the strategic partnership would also facilitate the acceptance of international JCB  and partner network cards at ATMs and merchants who are on LankaPay network. This would undoubtedly be welcomed by tourists visiting Sri Lanka.
JCB has entered into a strategic partnership with our neighbour, India and has commenced issuing co-brand  RuPay JCB cards in India. Hence, both Sri Lankan  co branded card holders touring India and Indian co-branded card holders touring Sri Lanka will be benefitted by this added convenience of using their debit and credit cards securely cross-border

Why LankaPay-JCB Co-branded Payment Card?
  • Lower transaction cost to cardholders
  • Lower Merchant Discount Rates (MDR) for merchants
  • Lower fee structures for card issuing banks and financial institutions
  • Contact and Contactless  EMV  chip cards backed by world class Japanese technology and processes
  • Multi-purpose payment card which can also be used as a transport card.
  • A national initiative, implemented under the supervision of the Central Bank to cater for domestic requirements with lower fees and charges. Hence banks can develop electronic card product options to cater for under-banked and unbanked population of Sri Lanka
  • Help save  valuable foreign exchange paid to International Payment Card scheme