LankaPay’ connects Central Finance to national electronic fund transfer network

Sri Lanka’s leading financial solutions service provider, Central Finance Company PLC (CF), joins the Sri Lanka Interbank Payment System (SLIPS) operated by Lanka Clear Ltd. enabling its customers to enjoy greater service and convenience on electronic payments.

With the advent of CF on to the ‘LankaPay’ SLIPS electronic fund transfer network, its customers can now enjoy same day fund transfers up to the value of Rs. 5 million per transaction. Providing access to every personal and corporate account in the country, the LankaPay SLIPS network will empower CF with the ability to offer a host of other new payment related services that could be tailor-made to best suit customer needs.

LankaPay SLIPS network connects over 3,000 branch locations of all member institutions scattered island wide and envisages moving into real-time fund transfers in the near future. The banking and financial sector has gained significant advantage through the network and, corporates and individuals alike have used the derived services to add value to their business  and enhance the ease of transacting. 

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