LankaClear (Private) Limited have entered a strategic partnership with JCB international to acquire EMV Chip technology for the issuance of the LankaPay Card as part of the National Card Scheme under the direction and supervision of the Central Bank of Sri Lanka.
Financial institutions can choose to issue LankaPay Card which offers a plethora of benefits to the financial institutions and their customers. LankaPay Cards are accepted across the LankaPay payment network (ATM and POS) locally and across the JCB International network globally.
You may visit https://www.global.jcb/en/index.html to obtain more information about our partner network JCB International.
JCB has entered into a strategic partnership with our neighbour, India and has commenced issuing co-brand RuPay JCB cards in India. Hence, both Sri Lankan co branded card holders touring India and Indian co-branded card holders touring Sri Lanka will be benefitted by this added convenience of using their debit and credit cards securely cross-border
Why LankaPay-JCB Co-branded Payment Card?
LankaPay-JCB co-branded payment cards will provide following benefits to card issuing institutions, in turn such benefits passed on to the respective card holders, the public:
A payment card, that provides the customer the convenience of using it as a ATM / Debit card and a Stored Value / Pre-Paid card. A holder of this card does not need to carry cash or multiple payment cards, but a single card facilitates multiple form factors to cater for all the customer needs.
This special payment card allows you to access your designated primary savings/current account, and there is a separate component of the card where you have the freedom to top-up and use whenever you wish to. The transactions are processed in no time without depending on the telecommunication or network connectivity while providing the card holder the real “Tap and Go” experience. The card powered by this unique capability is known as the “2in1” card.The Central Bank of Sri Lanka has entrusted LankaClear (Pvt) Limited to implement the Sri Lanka Transit Card and the Central Bank of Sri Lanka also has recognized the National Card Scheme (NCS) to drive the card base of Sri Lanka Transit Card Program.
LankaPay 2in1 Contactless Card is recognised as the Sri Lanka Transit Card.
The four-party agreement for the implementation of SLTC was signed amongst Sri Lanka Transport Board (SLTB), National Transport Commission (NTC), People’s Bank and LankaClear Ltd. at the Ministry of Transport on 22 April under the distinguished patronage of Minister of Transport Gamini Lokuge, State Minister – Vehicle Regulation, Bus Transport Services.