Sri Lanka’s Sampath Bank introduces first touchless cash withdrawals through ATM network - Opportunity Sri Lanka
Sri Lanka’s Sampath Bank introduces first touchless cash withdrawals through ATM network

Sri Lanka’s Sampath Bank introduces first touchless cash withdrawals through ATM network

Sri Lanka’s Sampath Bank PLC last week introduced Touchless Cash Withdrawals at Automated Teller Machines (ATMs) for the first time in the country.
Sri Lanka’s State Minister of Money, Capital Markets and State Enterprise Reforms Ajith Nivard Cabraal was the Chief Guest at the commissioning of this service at the Sampath Bank Head Office premises and performed the first Touchless Cash Withdrawal transaction in the presence of Sampath Bank PLC Chairman Harsha Amarasekera, Sampath Bank PLC Managing Director Nanda Fernando, Sampath Bank PLC Group Chief Information Officer Ajith Salgado, and Sampath Bank PLC Senior DGM – International Trade and Credit Control Ayodhya Iddawela Perera.
Accordingly, Sampath Bank customers and customers of all other banks in the country will now be able to withdraw the funds in their accounts and cards at any Sampath Bank ATM around the island by simply scanning the QR code displayed on the ATM screen using the Sampath WePay app.
It is yet another trailblazing digital solution brought to the Sri Lankan market by Sampath Bank.
Cabraal has been quoted as saying, “As the government continues to strive to offer all possible assistance to our citizens during this pandemic, I would like to commend Sampath Bank on the launch of Touchless Cash Withdrawals – a timely innovation that offers a safer means of withdrawing cash to customers of all banks in the country. I am informed that this could be the first solution of its kind in the region – a fact that we can all take great pride in. Let’s continue to work together as a nation to develop more such innovative solutions that will help us overcome the challenges brought about by this global health and financial crisis.”

OSL take:

Sri Lanka is on the path towards digital transformation through the development of digital platforms in the country. The ongoing development programme in the country and its positioning as an emerging business destination in the South Asian region have opened up many business/investment opportunities in Sri Lanka’s ICT and digital infrastructure development sectors. Given these developments, foreign ICT businesses/investors could explore business/investment opportunities in Sri Lanka’s ICT and digital infrastructure development sectors.

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Article Code : VBS/AT/2508/2021/Z_4

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