ComBank pioneers Credit Card settlement via Internet Payment Gateway

The Commercial Bank of Ceylon has introduced another first in online banking in Sri Lanka, making it possible for the Bank’s Credit Card holders to settle outstanding card balances via its Internet Payment Gateway (IPG) using another local bank Debit or Credit Card.

The facility allows Commercial Bank Credit Card holders to make online payments between Rs 100 and Rs 200,000 at a time in settlement of outstanding balances, the Bank said.

The Bank’s cardholders simply enter their Commercial Bank Credit Card numbers on the designated web page, followed by a registered email address. They are then re-directed to the Commercial Bank Internet Payment Gateway page on which the details of any local Visa or Mastercard can be fed in to make a payment.

Payments will be instantly updated against the available balance of the Commercial Bank Credit Card and are secured with 3DS protocol, an additional authentication layer on top of the internet transaction, the Bank said.

With this facility, which is accessible any time of the day or night from anywhere in the world, Commercial Bank Credit Cardholders need not visit branches or Automated Deposit Machines to settle their outstanding amounts as they can pay their monthly outstanding instantly via the ComBank Online webpage at a nominal fee.