News

Mastercard, CEB team up for cashback rewards in Sri Lanka

Monday 11 February 2019 09:08 CET | News

Mastercard has partnered with the Ceylon Electricity Board (CEB) in a bid to promote the adoption of electronic payments in Sri Lanka.

As part of the agreement, Mastercard will offer a cashback reward of LKR 100 (around EUR 0.5) on each bill payment over LKR 1,000 (around EUR 5) made using a Mastercard credit or debit card issued in Sri Lanka, to CEB.

Cardholders can make these payments online at www.ceb.lk and at over 11 CEB offices around the country. The cashback reward will be credited to the respective CEB accounts in the following month. This is applicable to payments made up to April 30.

Earlier in January 2019, Konsentus has been selected by Mastercard to deliver TPP identity and regulatory checking solutions, as part of Mastercard’s suite of Open Banking services. For more information about Mastercard Payment Gateway Services, please check out a detailed profile of this company in our dedicated, industry-specific online company database.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Mastercard, Ceylon Electricity Board, CEB, cashback reward, Sri Lanka, electronic payments, bill payment
Categories:
Countries: World