Airtel partners with Bank of Ceylon and BOC Paymate to launch MCommerce solution in Sri Lanka
Bharti Airtel Lanka together with Bank of Ceylon and Ceylon’s mobile payment facility, BOC Paymate, India’s leading mobile payments company, today announced the launch of the MCommerce solution to all Airtel subscribers in Sri Lanka. These services are available to all customers of Airtel, enabling them to make instant payments of phone and utility bills, account balance inquiries, mini statements, fund transfers and also, instant post paid account bill payment and pre paid recharge connections, using their BOC account.
Dr. Gamini Wickramasinghe, Chairman, Bank of Ceylon stated, “With the changing lifestyles ushered in by the mobile phone over the last few years, a significant opportunity to combine banking and mobile services has arisen. The mobile phone is increasingly becoming the one-stop-shop for customers and a simple and secure service like the BOC Paymate Solution offered over Airtel, provides unparalleled convenience to all our customers”.
Ajay Adiseshann, MD and Founder, PayMate said, “PayMate along with our local partners, Fortuna Global, are excited to bring the first SMS based mobile payment service in a country where mobile penetration is growing rapidly. The potential is enormous considering Airtel is Sri Lanka's fastest growing Mobile Network and Bank of Ceylon is Sri Lanka's largest bank. PayMate's edge over any other m-payment platform lies not only its convenient, anytime-anywhere utility but also in its incredible simplicity”.