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ComBank first Sri Lankan bank to enable Google Pay for Mastercard cardholders
Daily FT
|February 10, 2026
COMMERCIAL Bank of Ceylon has reached a significant milestone in Sri Lanka’s digital payment landscape with the introduction of Google Pay support for its Mastercard debit and credit cardholders, in collaboration with Mastercard and Google.
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With this launch, Commercial Bank-issued Mastercard debit and credit cardholders can now add their cards to the Google Pay payment app and make secure, contactless tap and go transactions using NFC-enabled Android smartphones. Customers can transact seamlessly at contactless-enabled Point-of-Sale terminals across Sri Lanka and at any location globally where Mastercard is accepted, eliminating the need to carry physical cards.
The solution leverages advanced tokenisation technology to safeguard every transaction. Actual card numbers are replaced with secure digital tokens, ensuring that sensitive card details are neither shared with merchants nor stored on devices. Each card is authenticated through onetime passwords or bank verification, delivering a payment experience that combines global standards of security with everyday convenience.
Dit verhaal komt uit de February 10, 2026-editie van Daily FT.
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