“Sri Lanka is continuing its strong digital journey and ecommerce is growing rapidly through the extended reach of mobile and internet connectivity with consumers across the island. Given that HNB is at the forefront of a digital evolution in the Sri Lankan banking sector, we are pleased to announce our first ever CyberSource partnership in Sri Lanka with them and help grow the country’s e-commerce sector,” TR Ramachandran, Group Country Manager for India & South Asia, Visa said. Globally, CyberSource has proven to be highly scalable, capable of handling huge transaction volumes while focusing on user experience and transaction security. CyberSource provides merchants with highly secure environments and customers with a simple payment experience, the combination of which drives more traffic and transactions. “Online shoppers look for frictionless e-commerce experiences that combine ease of use with security. CyberSource customers include some of the largest and leading merchants and marketplaces in India’s digital commerce space. The platform helps merchants worldwide grow sales, protect their brands and operate with greater agility. Moving forward we aim to utilize this powerful platform to provide agile payment management for the Sri Lankan digital economy,” HNB Deputy General Manager, Retail Banking, Sanjay Wijemanne said.īuilt on secure Visa infrastructure, CyberSource managed over US$ 467 billion in global transactions in 2018. CyberSource is a platform that forms the backbone of some of the largest e-commerce marketplaces in the world. “The future of commerce is undoubtedly digital, and that is why we are excited to enter into this milestone agreement with Visa in order to introduce the CyberSource payment gateway to Sri Lanka. Through the new partnership, HNB will offer its merchant network enhanced e-commerce and m-commerce functionality, enabling them in turn to provide customers with seamless, robust and secure payment experiences. HNB acquires the single largest merchant network in Sri Lanka. Sri Lanka’s most digitally innovative bank, HNB announced a landmark new partnership with Visa to launch its globally renowned integrated ecommerce payment management service, CyberSource, across the bank’s entire merchant network.
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