HNB Finance partners with Mobitel to offer leasing and loan repayment via mcash
Bringing the benefits of digitalization to a wider audience, mcash recently opened its platform to HNB Finance to allow the company’s customer base to enjoy ease and facility in making their leasing and loan repayments via mcash.
Apart from extending financial inclusion, mcash has redefined the way consumers carry out transactions with the use of a mobile phone, experiencing immense growth over the last few years with a large clientele and growing customer base.
HNB Finance customers can dial #111# from their Mobitel phone or download the mcash App and select HNB Finance by following specific instructions given on the menu, or customers can simply visit any of the mcash retailer locations island-wide.
As a pioneer in commercial based microfinance, HNB Finance is committed to be the leader in providing innovative, technologydriven financial solutions.
“With technological innovation resting at the heart of HNB Finance’s operational vision, the decision to tie up with a popular, trusted and efficient platform like mcash was both organic and obvious,” said HNB Finance Managing Director & CEO Chaminda Prabhath.
“To us at HNB Finance, this latest step underscores our continual willingness to evolve our processes and bolster our reputation within the financial services industry.
“We are confident that this partnership will enable both our organizations to deliver greater convenience to our significant customer base and spur further growth across our digital channels.”
mcash works in partnership with leading corporates across various sectors in order to make its mobile payment platform available for enhanced convenience and speed in conducting financial transactions. mcash is a mobile wallet conceptualized by Mobitel and approved by the Central Bank of Sri Lanka which was launched in November 2013, leveraging on its telecommunication infrastructure to securely enable financial transactions by using a mobile phone.
Mobitel embarked on the journey of providing financial services in the country - allowing the entire financial industry to benefit from its core competitive advantages, such as the reach to customers and the distribution network spread throughout the country, delivering digital financial inclusion to every Sri Lankan.