Commercial Bank of Ceylon plc

08/12/2020 | News release | Distributed by Public on 08/12/2020 06:25

ComBank’s Flash enables contactless payments for Tenaga Car Park services

Commercial Bank's 'Flash' Digital Bank Account holders can now pay via the app for parking at Tenaga managed on-street and off-street parking spaces, without having to drive around looking for a parking meter, consequent to a partnership between the Bank and Tenaga Car Parks (Pvt) Ltd.

The Parking Management solution is now directly integrated to the Flash Digital Banking application which enables account holders to enjoy this hassle-free, touch-less and cash-less payment option, saving time.

To enable this facility, Flash customers only have to click on the 'Street Parking' icon on the Flash app home screen and register their vehicle numbers. When the need to park arises, registered Flash account holders simply specify the time of parking and effect payment online to Tenaga via their phone apps, without visiting a payment booth or locating a fee collector.

Commenting on the launch of this facility, Commercial Bank's Chief Operating Officer Mr Sanath Manatunge said: 'The partnership with Tenaga is an attempt to provide further convenience to our customers through technology. With this contactless payment option we not only hope to minimise the number of people that our customers come into contact with, but also eliminate the stress of having to find a parking meter. They no longer have to suffer the consequences of missed parking ticket payments or fines.'

Tenaga Car Parks (Pvt) Ltd. is the pioneer in providing smart parking and traffic management solutions in Sri Lanka. Its services include management strategies tailor-made to suit each car park, traffic management services and technical & consultancy services. Combining advanced technology and skilled labour, the Company has been providing smart parking solutions in India, Malaysia and Singapore for the past 20 years.

The first Sri Lankan Bank to be listed among the Top 1000 Banks of the World and the only Sri Lankan bank to be so listed for ten years consecutively, Commercial Bank is celebrating its 100th anniversary this year. The Bank, which won more than 50 international and local awards in 2019, operates a network of 268 branches and 873 ATMs in Sri Lanka.

Commercial Bank's overseas operations encompass Bangladesh, where the Bank operates 19 outlets; Myanmar, where it has a Representative Office in Yangon and a Microfinance company in Nay Pyi Taw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.

Photo caption:

Commercial Bank's Chief Operating Officer Mr Sanath Manatunge (4th from right) and Tenaga Car Parks (Pvt) Ltd. CEO/MD Mr Duminda Jayathilake exchange the agreement in the presence of (from left) Digital Payment Services (Pvt) Ltd. Director Mr Sanjiv Alles and CEO/MD Mr Mufaddal Lukmanjee, Tenaga Car Parks (Pvt) Ltd. Head of Business Development and Command Centre Operations Mr Dilshan N. Mathew and the Bank's Head of Digital Banking Unit Mr Pradeep Banduwansa, Manager - Digital Banking Unit Mr Anush Gunarathne and Officer Digital Banking Unit Mr Nuwan Sudusinghe.