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MEDIA RELEASES

UNION BANK COLLABORATES WITH MASTERCARD TO ENHANCE DIGITAL PAYMENTS

Union Bank continues to strengthen its commitment to innovation and customer convenience through strategic collaborations. The Bank collaborated with Mastercard to enhance its digital payment ecosystem, offering customers smoother, safer and more seamless transaction experiences across multiple platforms. The collaboration also supports Union Bank’s vision to drive Sri Lanka’s transition towards a digitally empowered economy, combining Mastercard’s global expertise with the Bank’s local insight to deliver cutting-edge solutions for individuals and businesses alike.

From Mastercard Nachiket Limaye Principle Service Business Development Mastercard, Shashi Madanayaka Director Account Management Mastercard, Sandun Hapugoda Country Manager Sri Lanka and Maldives Mastercard and from Union Bank, Dinesh Weerakkody, Chairman, Dilshan Rodrigo, Director/Chief Executive Officer, Dr. Dharmasri Kumaratunge, Director,  Malinda Perera, Vice President and Head of Cards and Retail Products and Asanka Ranhotty, Chief Business Officer. 

Malinda Perera Vice President – Head of Cards & Retail Products of Union Bank, said:
“Our collaboration with Mastercard is a strategic step in Union Bank’s digital growth agenda, as we continue to invest in technologies that enhance customer experience and deliver enhanced value through digitalization”

Sandun Hapugoda, Country Manager, Sri Lanka & Maldives, Mastercard, said, “Mastercard is proud to leverage its global expertise in payments technology to support Union Bank’s digital growth journey. This collaboration aims to deliver more secure, seamless, and future-ready transaction experiences for the bank’s customers. It reflects our shared commitment to empowering individuals and businesses with world-class infrastructure that ensures security while enabling long-term growth and success.”

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