COMMERCIAL LEASING CONNECTS WITH ‘LANKAPAY SLIPS’ NETWORK
Commercial Leasing & Finance PLC (CLC) added yet another value addition to its innovative product range recently.
Customers of CLC have the distinct advantage of directly transferring funds between CLC and other financial institutions as it joined the Sri Lanka Interbank Payment System (SLIPS) operated by LankaClear.
The LankaPay SLIPS electronic money transfer network is a secure electronic payment platform, which connects over 3000 branch locations of all banks and selected non-banking financial institutions providing access to all bank accounts in the
A fully-integrated banking and financial services sector will yield fantastic rewards to businesses and the general public as they avail of simple yet superefficient means of transacting
country. The network will add significant value to Commercial Leasing & Finance and its customer base as they can now enjoy seamless and efficient means of transacting, resulting in enhanced speeds of doing business.
With LankaPay SLIPS, customers can transact within the same day up to a maximum value of Rs.5 million per transaction. By joining LankaPay SLIPS, members are empowered to offer innovative payment products whilst incurring lesser administration costs and gaining better control over payment realization and enhanced levels of security resulting in increased profitability.
LankaClear General Manager / CEO, Sunimal Weerasooriya, said: “A fullyintegrated banking and financial services sector will yield fantastic rewards to businesses and the general public as they avail of simple yet super-efficient means of transacting.”
Krishan Thilakaratne, Director and Chief Executive Officer of CLC said “Since the addition of Savings and Deposits to our portfolio, we have regularly introduced value additions to our products. The instant fund transfer facility through LankaPay SLIPS network is a yet another value addition offered for the benefit of our customers. We are confident that CLC customers will enjoy this facility and make all financial transactions easier and faster.