Mastercard to support CBSL’s ‘Cash Wade’ campaign
*To expand digital transactions
*Launches rewards offer for online utility payments
Mastercard has pledged its support for the Central Bank of Sri Lanka’s (CBSL) ‘Cash Wade’ campaign which aims to increase the adoption of digital transactions in Sri Lanka.
The global technology company is set to embark on several initiatives aimed at encouraging consumers and businesses around Sri Lanka to enjoy the convenience and security offered by its digital payments solutions.
As part of this endeavor, Mastercard has launched a cashback rewards promotion on utility bill payments. Cardholders can avail a cashback of Rs.250 on payments of Rs.1,000 and above to utility service providers such as Ceylon Electricity Board (CEB) and Sri Lanka Telecom as well as other select partners. The offer is applicable to all payments made on the partner merchant’s website or mobile app using any Mastercard debit or credit card issued in Sri Lanka.
D. Kumaratunge, Director