ComBank First to Enable 3D Secure for LankaPay/JCB Cards 📈

• Digital Payments: Commercial Bank of Ceylon has become the first in Sri Lanka to implement 3D Secure (3DS) authentication for the LankaPay/JCB National Card Scheme. This integration utilizes the "J/Secure" protocol to provide multi-factor authentication (OTP) for e-commerce transactions. • Market Impact: The move elevates the national card scheme to global standards, allowing cardholders to shop securely at millions of international online merchants. This is particularly significant for cross-border transactions, as the card offers highly competitive charges compared to international brands. • Strategic Value: • Financial Infrastructure: Strengthens Sri Lanka’s national payment ecosystem by combining cost efficiency with Tier-1 security. • Global Connectivity: Facilitates seamless integration into the global digital economy while providing access to exclusive JCB promotions worldwide. • Security: Partnered with CardinalCommerce to drastically reduce unauthorized use and fraud risk for local consumers. • Institutional Context: Commercial Bank, the first Sri Lankan bank to exceed a US$ 1 Bn market cap, continues its role as the largest private sector lender and a leader in ICT/BPM integration within the banking sector.