Fri, 17 Sep 2021 Today's Paper

LOLC Finance empowers customers with CEFTS

7 September 2015 02:59 am - 0     - {{hitsCtrl.values.hits}}

A A A

Taking yet another important stride towards enabling faster and reliable real-time electronic payment, LOLC Finance PLC is now connected to the Common Electronic Fund Transfer Switch (CEFTS), creating a superior level of convenience to its customers. LOLC Finance becomes one of the first Non-Banking Financial Institutions to register with this system. CEFTS is a cost-effective, convenient, integrated electronic payment gateway operated by LankaClear (Pvt) Ltd with the guidance of the Central Bank of Sri Lanka.

The system facilitates secure real-time payments, offers standardised security and provides greater efficiency in payment scheme integration. LOLC Finance customers can now transfer funds between the CEFTS member banks such as Bank of Ceylon, People’s Bank, Commercial Bank, Hatton National Bank as well as Commercial Leasing Company PLC, a company within the LOLC group. Through this payment system, LOLC Finance customers can save time and benefit from the effective management of their finances. 

Customers can simply register with the Online Banking Service of LOLC Finance and avail the benefits of this payment gateway that offers maximum banking convenience. Savings Account holders of LOLC Finance can execute cashless and paperless transactions with just a click of a button. The maximum value of a transaction is Rs. 5 million with no limitation of the number of transactions per day. The seamless electronic payment system can be used for fund transfers and settlement of bills and utility payments.

Sharing his thoughts on this latest initiative, LOLC Finance, Managing Director/Chief Executive Officer, Brindley de Zylva said, “CEFTS has changed the concept of Banking. This initiative will add significant value for us especially in terms of introducing new products and services. With this latest technological initiative, LOLC Finance is now equipped more than ever before to offer our customers an unparalleled level of service and banking convenience.”
See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 


Mysterious disease killing pups!

A mysterious respiratory disease affecting puppies in the Central Province is

Jacqueline Fernandez; Lankan Star Shining in Indian Film Sky

Sri Lanka’s Jacqueline Fernandez who has made a name for herself in India

Young families share stories of pregnancy in a pandemic

For hundreds of expectant and new mothers, pregnancy and childbirth are nothi

“Your travel plans should not come first” – Dr. Dinu Guruge

In a recent live discussion on fighting the Covid-19 pandemic hosted by Daily