Sampath Bank redefines celebrations with Sampath igift

First Blockchain Based Banking Solution in Sri Lanka

Sampath Bank announced the launch of Sampath igift, a unique person to person gifting mobile app that is set to transform the way Sri Lanka celebrates momentous occasions.

The app enables all Sampath Bank account holders to gift money to anyone in their smartphone’s contact list. They can gift any amount between Rs.100 to Rs.10,000 per gift, up to a maximum of Rs.100,000 per day. They can also include personalized messages with text, selfies, emoticons, stickers and more, to their friends and family, with the gift.

Sampath Bank has built Sampath igift using blockchain technology, becoming the first to develop and introduce a blockchain based banking solution in

Sri Lanka. Continuing to transform Sri Lanka’s financial services landscape through its innovative products and solutions, this is yet another instance of the Bank being the first to adopt emerging technologies to add value to its customers.

Sampath Bank account holders can simply start using Sampath igift by downloading and installing the app and registering themselves through it. Currently available on the Google Play Store, the app will soon be hitting the Apple App Store.

“We are excited to redefine how Sri Lanka sends and receives gifts with Sampath igift. Allowing Sampath Bank accountholders to send gifts of money to their friends and family, the app is set to revolutionise the way people utilise financial services in their daily lives,” said Nanda Fernando, Managing Director, Sampath Bank PLC. “With this, we have earned the distinction of being the first bank in Sri Lanka to introduce a blockchain based solution. We look forward to seeing Sampath igift becoming a part of celebrations across the island, delivering greater value and joy to our fellow Sri Lankans.”