Visa, the global payment solutions company, honoured Commercial Bank of Ceylon for ‘Excellence in Launch of Affluent and Mass Corporate Card Variants’ at a Visa Commercial Solutions Client Forum in Colombo recently, in recognition of the Bank’s commitment to the introduction of Visa’s Corporate Card series in the local market.

The Visa Commercial Solutions Excellence award was presented by Visa Country Manager for Sri Lanka and Maldives Ms Avanthi Colambage and was accepted on behalf of the Bank by Deputy General Manager – Corporate Banking Miss Tamara Bernard.

Visa’s Head of Commercial and Money Movement Solutions – India and South Asia Ms Shruti Gupta and Head of Visa B2B Connect – Asia Pacific Mr Qinwen Xiao were among the senior representatives from Visa at the event, while Commercial Bank’s representation included the Bank’s Assistant General Manager – Corporate Banking Mr Sidath Pananwala, Senior Manager Card Centre Mr Asanka Krishan and officers of the Card Centre and Corporate Banking Department.

Commercial Bank recently launched Visa Signature and Visa Platinum Corporate Credit Cards in Sri Lanka for employees of corporates and other business entities. This new product enables corporates to manage expenses of employees, and the card is linked to a corporate credit card account of each company. These cards can be used by employees of corporates to pay anywhere in the world for travel, entertainment and other expenses authorised by their respective companies, and the Visa Signature Corporate Credit Cards also offer their users complimentary benefits such as lounge access at international airports, and other travel-related support.

Commercial Bank cards are the market leader in Sri Lanka. The Bank offers global credit card brands in the Silver, Gold and Platinum tiers and a variety of cards in the premium segment. The cards are equipped with ‘Tap ’n Go’ NFC technology and are backed by a strong NFC Point-of-Sale (POS) network. ComBank Cards offer an exciting array of promotions and offers across all categories and also offer the Max Loyalty Rewards scheme for selected card categories covering both credit and debit cards.

Commercial Bank is the largest private sector bank in Sri Lanka and the first Sri Lankan bank to be listed among the Top 1000 Banks of the World. The Bank operates a strategically-located network of branches and 964 automated machines in Sri Lanka, is the largest lender to Sri Lanka’s SME sector, and is a leader in digital innovation in the country’s Banking sector. Commercial Bank has the widest international footprint among Sri Lankan Banks, with 20 outlets in Bangladesh, a Microfinance company in Nay Pyi Taw, Myanmar, and a fully-fledged Tier I Bank with a majority stake in the Maldives.

Visa (NYSE: V) is the global leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Visa’s mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. The Company believes that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement.

Photo caption: Commercial Bank Deputy General Manager Corporate Banking Miss Tamara Bernard, the Bank team and the presenters at the Visa Commercial Solutions Excellence Awards.