ComBank-Abans forge landmark partnership with POS and digital payments rollout

Commercial Bank of Ceylon is to roll out a major point-of-sale (POS) and digital payments solution across the national retail network of Abans PLC - in a partnership that sets a new benchmark for bank-retailer collaborations in the country and underscores the bank's capacity to deliver enterprise-grade acquiring infrastructure.

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This agreement will make Abans one of the leading digitally enabled retailers in Sri Lanka, with a network of over 400 outlets across the country, equipping its outlets to accept payments across all major international and domestic card schemes as well as QR payments, while seamlessly integrating with the company’s enterprise resource planning (ERP) and supply chain management (SCM) systems at the scale, security, interoperabi