📈 ComBank Debuts Google Pay for Mastercard in Sri Lanka

Commercial Bank of Ceylon has officially become the first bank in Sri Lanka to enable Google Pay for its Mastercard debit and credit cardholders. This milestone marks a significant leap in the country’s digital payment landscape and supports the national transition toward a cashless economy. • Digital Innovation: Users can now add cards to the Google Pay app for contactless "Tap & Go" transactions via NFC-enabled Android devices. • Security & Technology: The solution utilizes advanced tokenization, replacing physical card numbers with secure digital tokens to prevent data theft. • Global & Local Reach: Accepted at contactless POS terminals across Sri Lanka and in over 210 countries/territories where Mastercard is recognized. • Social Impact: Every contactless transaction made via Mastercard in Sri Lanka will contribute to the construction of the Trail Cancer Hospital. • Institutional Strength: ComBank remains the first Sri Lankan bank with a market capitalization exceeding US$ 1 Bn and is the largest private sector lender to the SME sector. This initiative is expected to accelerate the adoption of fintech solutions and touchless payments nationwide, aligning with the evolving digital lifestyles of Sri Lankan consumers.