Earthport (AIM:EPO.L), the leading payment network for cross-border transactions, is pleased to announce that it has partnered with Commercial Bank of Ceylon Plc, to provide local payment capability into Sri Lanka.
This new partnership enables Earthport to support efficient, secure and cost effective payment services into the region and further strengthen payment capability into South Asia; this builds on partnerships already established in India and Pakistan.
Earthport enables clients to access fast, secure and cost effective payments to over 60 countries globally, through a single contract, technical integration and service relationship.
Sajeev Viswanathan, President Global Strategy at Earthport said: "We are delighted to be partnering with Commercial Bank of Ceylon to extend our payment network into Sri Lanka. This marks a significant milestone in the continued expansion of Earthport's Asia footprint and the fulfilment of our vision to become a global payment utility."
Pradeep Banduwansa, Chief Manager - Remittances, Commercial Bank of Ceylon Plc also commented: "Commercial Bank has over 45 years of unparalleled growth and achievement in Sri Lanka. We are always looking for ways to improve services to our customers around the world, and today's partnership with Earthport Plc is just one example of the work we are doing."
Contributed | what does this mean?