Sampath Cards generates highest revenue for 2020 to Daraz | Daily News

Sampath Cards generates highest revenue for 2020 to Daraz

Chirath Samarasekara, Manager – Card Promotions, Loyalty and Product Strategy, Sampath Bank; Darshin Pathinayake, Head of Card Centre, Sampath Bank; Rakhil Fernando, Managing Director, Daraz; Kusal De Silva, Assistant General Manager, Operations and Card Centre, Sampath Bank Muditha Premarathne, Chief Commercial Officer, Daraz; Dulika Jayamanne, Head of Partnerships, Daraz; Sandamina Rajapaksha, Manager (Prepayment), Daraz and Nimesh Dassanayake, Junior Executive (Partnerships), Daraz

Sampath Cards announced that it has won the award for the ‘Highest Revenue Generating Banking Partner of the Year’ at the Daraz Seller Summit 2020, conducted by Sri Lanka’s largest online marketplace Daraz, which is backed by global e-commerce giant, the Alibaba Group.

The awards seek to felicitate the best performing sellers on Daraz, as well as payment/banking partners who played a pivotal in the company’s success. SampathCards won this accolade for generating the highest revenue in a year by a single card partner, a significant achievement considering that the Bank began this year’s promotional activities with Daraz recently.

The bank ascribed its remarkable success in such a short period to its targeted customer awareness drive across multiple mediums, coupled with attractive discounts and the best deals on 0% interest instalment plans. Sampath Cards will continue to offer these benefits at Daraz ensuring safe and convenient online payment facility.

Now in its second year of partnering with Daraz to encourage and reward the use of e-commerce platforms and digital payments, this is one of several key initiatives taken by Sampath Bank to improve the digital financial inclusivity of the people of this country.

Earlier this year, Sampath Bank partnered with the Central Bank of Sri Lanka to develop a Blockchain technology based shared Know-Your-Customer platform together with the University of Colombo School of Computing; became one of the country’s first Payment Exchange Name (PEN) issuer and acquirer banks, thus facilitating a simpler method of conducting online transactions; and just recently partnered with LankaClear to introduce ‘LANKAQR,’ a common Quick Response (QR) code standard for the country, at the ‘Rata Puraama LANKAQR’ (Taking LANKAQR to the entire nation) event organised by the Central Bank of Sri Lanka to facilitate speedy, safe, low-cost digital payments to any merchant, especially small and medium enterprises.