Sunday Times (Sri Lanka)

HNB and Allianz Lanka introduces cashless payment solutions

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Allianz Lanka, the fully owned subsidiary of the global insurance giant Allianz S.E introduced cashless payment solutions powered by HNB's state of the art cash management solutions to its growing customer base. The world renowned Allianz became the latest organizati­on to sign up for the HNB MOMO mobile POS applicatio­ns and also joined the HNB E banking platform as a payee partner. Allianz has a reputation for consumer centric approach and cashless payment solu- tions through HNB MOMO will further enhance their service offering.

For over a century Hatton National Bank has lead the way as a trend setter in the banking industry with its impressive line of innovative products. HNB MOMO pays tribute to this long lineage of innovation, and modernizes traditiona­l business operations. HNB has become the first bank in Sri Lanka to introduce EMV technology which allowed chip -based card acceptance, making this a move which changes how business will be handled for years to come. HNB MOMO involves the usage of a mobile POS technology. This new ground-breaking innovation creates fair opportunit­ies at a reasonable price for all businesses; from the largest retailer to middle level businessme­n to even profession­als. HNB MOMO ushers in a new era, free from "cash only" restrictio­ns, making customers confined to slow moving queues or inefficien­t checkout counters a thing of the past.

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