Visa, a global leader in digital payments, in collaboration with National Development Bank PLC (NDB Bank), has introduced Card Present Connect (CPC) in Sri Lanka. This innovative in-person digital payment acceptance solution is powered by Cybersource, Visa’s open payment platform that facilitates both online and offline transactions. As a prominent global payment gateway within Visa Acceptance Solutions for businesses, Cybersource provides secure payment processing that encompasses international card schemes. This partnership aims to offer a dependable payment solution to small and medium-sized businesses in Sri Lanka, enhancing the efficiency and security of in-person card payments through CPC.
This launch marks the first implementation of its kind in Visa’s South Asia region. The new solution allows businesses to accept EMV chips, contactless, and mobile wallet payments using Android SmartPOS devices. For merchants, this translates to reduced costs, quicker onboarding, improved security, and access to both local and international customers, empowering businesses to compete on a global scale and expand their reach in cashless economies.
For acquiring banks, this initiative offers cost efficiency, faster go-to-market capabilities, and simplified deployment through Visa’s pre-integrated partner ecosystem. The solution negates the need for acquiring banks to develop and maintain complex in-house payment infrastructure while ensuring compliance and reliability.
Avanthi Colombage, Country Manager for Sri Lanka and Maldives at Visa, expressed, “We are pleased to partner with NDB Bank to bring yet another groundbreaking solution by Cybersource that can accelerate the growth trajectory of the Sri Lankan business community. For SMBs, traditional POS terminals can be expensive, complex, or tied to long-term contracts. This in-person digital payment acceptance solution bridges that gap by streamlining merchant onboarding, improving operational efficiency, and reducing infrastructure dependency for acquiring banks. By helping NDB Bank expand from online to in-person acceptance, we are democratizing card acceptance and enabling merchants of all sizes with the tools, technology, and trust they need to thrive in an increasingly cashless economy. This collaboration reflects Visa and NDB Bank’s shared vision of advancing inclusive digital payments in Sri Lanka and building a financial ecosystem that sustains this agenda well into the future.”
Sanjaya Perera, Senior Vice President of Personal Banking & Customer Experience at NDB, added, “Our expansion into in-person digital payments acceptance marks an important step in supporting local entrepreneurs and mid-market enterprises. With Visa’s global technology and NDB Bank’s strong local relationships, we are delivering the next generation of payment acceptance that is seamless, secure, and sustainable. This initiative empowers businesses with innovative solutions that simplify transactions, reduce operational costs, and enhance customer experience. Through collaborations like this, we reaffirm our commitment to driving financial inclusion and fostering economic growth for Sri Lanka’s vibrant business community.”
Together, Visa and NDB Bank are redefining Sri Lanka’s acquiring landscape by democratizing card acceptance, enhancing merchant agility, and enabling faster, more inclusive access to digital payments across the country.
Image Caption: [L-R] Ashan Wikramanayake, Head of Cards / Assistant Vice President, NDB; Sanjaya Perera, Senior Vice President, Personal Banking & Customer Experience, NDB with Avanthi Colombage, Country Manager for Sri Lanka and Maldives, Visa; Shavini Perera, Senior Business Development Manager, Sri Lanka, Visa
