Try GOLD - Free
People's Bank and Mastercard unveil Technologically Advanced Mastercard virtual debit card via People's Pay App'
Business Today Sri Lanka
|August 2025
People's Bank is undergoing a significant digital transformation to enhance customer convenience and drive innovation in local banking.
-
People's Bank has partnered with Mastercard to launch a virtual debit card, marking a significant advancement in Sri Lanka's banking landscape and highlighting the bank's commitment to integrating global innovation with local financial needs. The new Mastercard virtual debit card integrates with the People's Pay App, offering a secure and efficient global payment experience. It simplifies digital transactions and provides reward benefits both locally and internationally.
The launch highlighted a partnership between People's Bank and Mastercard to transform banking in Sri Lanka.
This story is from the August 2025 edition of Business Today Sri Lanka.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Today Sri Lanka
Business Today Sri Lanka
People's Bank: Leading Sri Lanka's Digital Banking Revolution
People's Bank is at the forefront of Sri Lanka's digital banking revolution, transforming traditional banking through a robust digital ecosystem.
1 min
May 2026
Business Today Sri Lanka
Bank of Cevlon opens Badalgama branch
The Bank of Ceylon opened its Badalgama branch, yet another step towards delivering a modern banking experience and efficient service to customers.
1 min
June 2026
Business Today Sri Lanka
Dialog surpasses 1,000 5G sites, strengthening nationwide 5G coverage
Dialog Axiata announced that its 5G network has surpassed 1,000 live sites, marking a major milestone in the rapid expansion of next-generation mobile connectivity across the island.
1 mins
June 2026
Business Today Sri Lanka
People's Bank supports national QR payment adoption program
Sri Lanka has taken a major step toward a cash-lite economy with the launch of the National QR Payment Adoption Program, aimed at accelerating the use of secure, fast, and convenient digital payments across the country.
1 min
June 2026
Business Today Sri Lanka
Bringing London-Inspired Hair Excellence to Sri Lanka
For many clients, a visit to TONI&GUY is more than a regular salon appointment - it is a complete lifestyle and wellness experience.
1 min
June 2026
Business Today Sri Lanka
People's Leasing and Finance celebrates 30 years of empowering Sri Lanka's entrepreneurs and communities
People's Leasing and Finance (PLC), one of Sri Lanka's leading Non-Bank Financial Institutions, celebrated its 30th anniversary, marking three decades of empowering individuals, entrepreneurs, and businesses through innovative financial solutions.
1 min
June 2026
Business Today Sri Lanka
BOC FLEX app shines with triple win at Digital CX Awards 2026
The Bank of Ceylon (BOC) has achieved significant international recognition by winning three awards at the Digital CX Awards 2026 in Singapore, held alongside the Digital CX Summit in Singapore.
1 mins
June 2026
Business Today Sri Lanka
Investor confidence underscores Vallibel Finance expansion drift
Vallibel Finance has successfully raised over 2.1 billion rupees through its Rights Issue, which was oversubscribed, reflecting strong investor confidence in the company's strategic direction and long-term growth prospects.
2 mins
June 2026
Business Today Sri Lanka
Resilience amidst geopolitical headwinds: Sampath Bank posts 6.2 billion rupees PAT in Q1 2026
Sampath Bank reported a mixed financial performance for the quarter ended March 31, 2026, posting steady growth in core banking income while profitability declined due to significantly higher impairment provisions and reduced one-off capital gains.
2 mins
June 2026
Business Today Sri Lanka
People's Leasing and Finance partners with David Pieris Automobile
People's Leasing and Finance has officially entered into a strategic partnership with David Pieris Automobile (DPA) to launch the \"PLC/ DPA PROMOTION.\"
1 min
June 2026
Listen
Translate
Change font size

