Sampath Bank & Apartner Digitise Condominium Payments 📈

• The Partnership: Sampath Bank PLC has partnered with Apartner Ltd to introduce a secure, real-time digital payment and settlement framework for Sri Lanka’s expanding real estate and condominium sector. • Technology Integration: The system integrates Visa’s Cybersource payment gateway with Sampath Bank’s API Manager. This allows for seamless digital collection, instant outward settlements, and automated reconciliations for apartment management. • Key Benefits: Operational Efficiency: Eliminates manual cash handling, paper receipts, and delayed reconciliations for management corporations. Resident Convenience: Residents can now settle maintenance fees and other charges digitally through the Apartner platform, which already manages visitor access and facility bookings. Financial Transparency: Provides real-time visibility into cash flows, improving payment discipline and reducing operational friction within residential communities. • Market Reach: The solution is already being utilised by premier developments, including Havelock City, Capitol Twin Peaks, Trillium, and John Keells Properties. • National Context: This move supports Sri Lanka’s broader push toward a cashless economy and modernises the financial infrastructure supporting urban living and the ICT/digital services landscape.