Fortunaglobal & PayMate join hands with BOC to extend PayMate Mcommerce payment System

Sri Lanka’s Fortunaglobal and its Mobile Commerce partner PayMate India tied up with the Bank of Ceylon (BOC), Sri Lanka’s No. 01 Bank to launch user-friendly mobile payment and banking solutions - BOC PayMate - the largest Mobile Commerce based payment network in the country.
 

This new service allows all BOC customers to pay bills, transfer money and make utility bill payments via their mobile phones from anywhere on the island. ‘BOC PayMate’ enables BOC customers to settle bills of  Sri Lanka Telecom (SLT), Ceylon Electricity Board (CEB) and National Water Supply and Drainage Board (NWB), Person to Person fund transfers and balance inquiries, all using their mobile phones

 
Commenting on the initiative, BOC’s Deputy General Manager (Product and Development Banking) Sam Samarasinghe said, “Seeing the changing lifestyles that the mobile phone has brought about in the last few years, there lies an enormous opportunity to integrate banking services on this platform. With the mobile phone increasingly becoming the one-stop-shop for consumers, a simple and secure service like BOC PayMate now offers unparalleled convenience for our customers. BOC has been in forefront of offering newer services to its customers and with this partnership with PayMate we aim to offer the best of m-commerce solutions to the Sri Lankan market through knowledge sharing and technology expertise’.
 

Suren Kohombange, CEO of Fortunaglobal, Sri Lankan partner of PayMate says ‘This is the latest initiative by BOC in its mobile commerce empowerment road map. PayMate and Fortunaglobal have partnered BOC for the last three years in mobile commerce initiatives. I am confident that the new initiative will give millions of BOC account holders a key value addition and ease of use in their daily engagements with the bank’
 

Fortunaglobal Private Limited ( www.Fortunaglobal.com) is a successful high end technology solutions provider across financial, telecommunication and media segments. It was established in 2007 when it first stroked the territory of technology with an innovative team focused to thrive with passion of providing cutting edge solutions to the business world. Fortunaglobal is the exclusive partner for PayMate, India in Sri Lanka.

 
Managing Director and Founder of PayMate Ajay Adiseshann says, “It is exciting to see Sri Lanka’s premier bank commercially rollout PayMate’s mobile banking and payment services for bill payments and intra bank funds transfers to its 06 million customer base. The next step would be to offer mobile money transfer services to the unbanked masses of Sri Lanka via the same platform which would be of tremendous value from a financial inclusion standpoint.”

PayMate is the first-of-its-kind mobile payment platform which lets you link your mobile phone to a bank account, credit card or a prepaid account - turning your mobile phone into a secure payment tool to be used anytime, anywhere.