04th October 2010, www.lankabusinessonline.com
Sri Lanka's Commercial Bank said it has enhanced its Internet payment gateway to provide new functionality for small and medium enterprises (SMEs) to offer secure e-Commerce and m-Commerce solutions to customers.
The payment gateway, hosted by MiGS (MasterCard Internet Gateway System), offers many features that facilitate SME type transactions, without the complexity and costs of existing e-commerce structures, a statement said.
"Sophisticated anti-fraud features make it possible for customers to view products, place their orders, generate invoices and pay online in a secure environment that meets the highest global standards."
The payment gateway supports multiple channels and currencies and offers dynamic conversion of currency, allowing a customer to pay in a currency of choice, the bank’s Chief Information Officer Rohan Muttiah said.
“In addition to providing convenience this also reduces transaction costs associated with currency conversion and processing charges."
More Info:
Commercial Bank Internet Payment Gateway offers new functionality
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