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Sri Lanka Com bank joins Dialog mobile money venture

ECONOMYNEXT – Commercial Bank of Ceylon has joined ‘eZ Cash’, Sri Lanka’s mobile money service, enabling customers to withdraw cash from selected ATMs island wide.

With this facility, in addition to the 16,000 retail points, eZ Cash account holders can withdraw money at their convenience from any Commercial Bank ATMs displaying the eZ Cash logo, a statement said.

The minimum withdrawal value is 100 rupees and the maximum is 5,000 rupees during a single transaction.

eZ Cash was launched in June 2012 by Dialog Axiata, enabling subscribers to send and receive money directly via mobile, and do utility and institutional payments.

With the advent of the Etisalat and Hutch mobile phone firms on to the network, eZ Cash has grown to a subscriber base of two million Sri Lankans with over 20,000 agent locations and merchant points island wide.

Commercial Bank operates the country’s single largest ATM network, and the largest online 24-hour cash-dispensing system in the country.   (Colombo/August 28 2015)

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