Offers flexible payment solutions to meet merchants’ needs across channels and markets
Nations Trust Bank American Express today announced the acceptance of American Express, Diners Club and Discover cards on the Mastercard Payment Gateway Services (MPGS) platform for the first time in Sri Lanka. The MPGS technology platform enables convenient and safe payment options to all cardholders whilst providing amazing benefits to merchant partners.
The tie up with MPGS increases the acceptance network of American Express, Diners Club and Discover on local e-commerce platforms. This means that Nations Trust Bank American Express Cardmembers can now benefit from enhanced digital security as well as the added convenience of wider access to merchants and channels, which becomes increasingly relevant in the current backdrop of predominantly online transactions.
Niluka Gunatilake, Head of Cards at Nations Trust Bank commented on the partnership. “Our partnership with Mastercard Payment Gateway Services (MPGS) adds value for both our merchant partners and cardholders, bringing them convenience and safety. Cardholders will be exposed to elevated, secure, reliable and fast digital payment processes whilst e-commerce platforms will enjoy improved stability and security with the range of value-added services covered by the MPGS platform. As a Bank that stays abreast of the latest technologies and advances in the field, we are proud to continue to bring timely cutting-edge technology for our cardholders and partners,” he said.
Merchants partnering with Nations Trust Bank are able to provide a seamless, enhanced user experience for their customers with a wide range of features driving digital payments and increasing reach and revenue. Tokenization and recurring payments, API integrations, Batch Process Payments, along with SDK implementations for Mobile Apps, Express checkout, Lightbox features and 3DS 2.0 capabilities for card authorization on API transactions are among the benefits merchants will receive.
Commenting on this partnership, Sandun Hapugoda, Country Manager – Sri Lanka & Maldives, Mastercard said, “As acceptance of digital payments continues to grow across the country, Mastercard remains committed to support its partners by offering innovative solutions that not only enhance the customer experience, but also further strengthen the partnership itself. Mastercard Payment Gateway Services enable merchants to accept digital payments quickly, safely, and conveniently, thereby helping support the Government and Central Bank of Sri Lanka’s vision of accelerating digital payments across the island.”
Nations Trust Bank, driven to simplify banking for customers, offers digital banking experiences designed to transcend difficulties. With the exponential growth of e-commerce and online transactions, the Bank has invested heavily in a best-in-class platform, online security and cutting-edge technology to cover the entire customer journey. It is this insight that enabled Nations Trust Bank to successfully respond to the pandemic giving customers a host of options to bank from home, maintaining social distance.
Chamara Perera, Group Head of Information Technology of SriLankan Airlines commented “We’re excited to be one of the first partners to go live with the Mastercard Payment Gateway System at Nations Trust Bank, allowing an enhanced user experience for our passengers when they book flights using their American Express, Diners and Discover cards. These value-added features will not only increase convenience but also provide our passengers with an additional layer of security and safety to their digital transactions.”
About Nations Trust Bank:
Nations Trust Bank PLC is among the top 15 business establishments in Sri Lanka as ranked by Business Today. Stemming from its vision of “helping people and businesses by providing financial services and information to achieve their goals and aspirations in a sustainable way”, the Bank serves a diverse range of customers across both individual and corporate, with an enviable portfolio of banking and financial products and services. Strongly focused on digital empowerment through cutting-edge digital banking technologies, the Bank is a pioneer in many innovative customer centric banking solutions such as extended banking hours, and FriMi – Sri Lanka’s first digital banking experience. Delivering premium value, service and connecting its Card members to rewarding experiences and opportunities Nations Trust Bank PLC is an issuer and sole acquirer of American Express Cards in Sri Lanka. The Bank operates 96 branches across the country and has an ATM network covering 127 locations and 48 Cash Deposit & Withdrawal Machines, plus more than 3,700 ATMs on the Lanka Pay Network.