LOLC Al-Falaah empowers savings accounts with an upgraded International Debit Card

In a groundbreaking initiative that reaffirms its position as a leading Islamic financial service provider in Sri Lanka, LOLC Al-Falaah the Alternate Financial Services unit of LOLC Finance proudly announces the relaunch of its new upgraded International Debit Card.

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This latest offering is designed to deliver enhanced convenience, security, and financial empowerment while staying true to the principles of Islamic banking.

The upgraded LOLC Al-Falaah International Debit Card features EMV chip technology, ensuring every transaction is encrypted and protected, giving customers peace of mind as they navigate physical and digital financial landscapes, whilst processing local and international transactions. The Card is a dual-interface Visa Debit card, allowing customers to perform contact and contactless transactions across various local and international payment platforms. With dual-network functionality, customers can now access ATM services and perform debit card transactions locally and globally. The card is accepted at all VISA merchant outlets across Sri Lanka and overseas, offering users a convenient and borderless payment solution.

LOLC Al-Falaah’s Debit Card is cost-effective to use and is the only debit card in the market that includes zero joining fees, annual fees, ATM withdrawal charges, hidden transaction fees for usage, giving account holders full access to their actual account balance.

Customers can also benefit from real-time SMS alerts for all transactions along with exclusive discounts and special offers lined up with over 100 merchants, positioning the card as a practical and rewarding financial tool, going forward.