💳 Sampath Bank & Bancstac Partner to Enable Google Pay for Sri Lankan Merchants
Sampath Bank PLC has💳 Sampath Bank Partners with Bancstac to Launch Google Pay for Merchants • Strategic Partnership: Sampath Bank has extended its partnership with Bancstac to enable Google Pay acceptance via the bank’s Internet Payment Gateway (IPG). • Merchant Benefits: Provides immediate access to over 250 million digital wallet users across 85 countries to boost sales conversions and reduce cart abandonment on e-commerce platforms, apps, and digital invoices. • Zero Integration: Existing and onboarding IPG merchants require zero technical integration or development work to enable the feature. • Security & Settlement: Features biometric authentication and device tokenization to ensure card details remain secure, while standard financial settlement processes handle automatic real-time reconciliation. • National Impact: Enhances Sri Lanka's digital payment ecosystem and fintech infrastructure, helping local businesses expand reach to international customers and boost digital commerce adoption.