May 07, Colombo: Mobitel's revolutionary mobile money platform, mCash, has entered into a strategic partnership with Mastercard to further enhance Digital Inclusivity in Sri Lanka.
As a result of this partnership, mCash customers can look forward to an array of benefits such as exciting new products and services while simultaneously expanding mCash's influence as the most versatile and convenient money platform. mCash's partnership with Mastercard is further expected to fuel the reach of mCash services across its 16,000+ partner network by empowering them with many benefits that will further enhance their digital capabilities to serve customers.
mCash strives to provide world-class digital services to its Customers and Partners with partnerships of this kind which further its aim to bring Digital Inclusivity to Sri Lanka at a rapid pace, a media release said.
mCash is a Mobile Wallet conceptualized by the National Mobile Service Provider, Mobitel and approved by the Central Bank of Sri Lanka which was launched in November 2013 capitalizing the telecommunication infra-structure to conveniently, instantly & securely enable financial transactions by using a mobile phone.
Mobitel embarked on the journey of providing financial services in the country allowing the entire financial industry to benefit from its core competitive advantages such as the reach to Customers and the distribution network that has spread throughout the country enabling digital financial inclusion to every Sri Lankan.
mCash offers services such as Sending & Receiving Money, Mobile Reloads & Bill Payments, Utility & Institute Payments, Online & In-store Shopping Payments via mCashQR which has been developed to the global EMVCo standards, Bank Deposits and Digital Loans where Customer could apply & get a Loan from the mobile via mCash.
To register for mCash, users can simply dial #111# from their Mobitel or Etisalat phone and to start using the mCash Account, they can top Up the mCash account using the mCash extensive retailer network that includes small corner shops to leading retail outlets adding up to 16,000+ touch points island-wide including Mobitel Branches, SLT Teleshops, Singer showrooms, Abans showrooms, Keells Super, Lanka Bell, Amana Banks, Pay & Go KIOSK, Sanasa Development Bank or top up mCash from the bank account directly via the mCash App or Commercial Bank, HNB, PABC and Cargills Bank Mobile & Internet Banking.