Paying ‘Ceylinco VIP’ insurance premiums just got unbelievably easy
Thursday, 26 December 2013 00:02
‘Ceylinco Insurance, the leading insurance company in Sri Lanka is offering ‘Ceylinco VIP policyholders to pay their premiums via eZ Cash, Sri Lanka’s largest mobile money gateway. Under the agreement, over a million Ceylinco VIP policyholders now have the convenience to pay their premium payments via eZ Cash from their Dialog mobiles or at any of the 14,000 plus eZ Cash merchants island-wide.
“Innovation has been key to our success – developing and initiating products and services which ease the burdens of our customers is what takes us closer to them. Through eZ cash, our ‘Ceylinco VIP’ customers will have the advantage of renewing a policy or obtaining a new cover from wherever they are, which will attribute to their convenience the utmost importance,” Ceylinco Insurance PLC – General Managing Director/Chief Executive Officer Ajith Gunawardena said.
eZ Cash received a license to operate as a Service Provider of Payment Cards from the Central Bank of Sri Lanka by regulations issued under the Payments and Settlements Systems Act No. 28 of 2005. Custodial Banking services for Sri Lanka’s pioneering mobile money service will be provided by Hatton National Bank PLC, while the payment system is further secured through the execution of a Trust Instrument administered by Deutsche Bank AG.
A registered eZ Cash subscriber can then load money in to his/her mobile phone at any one of over 14,000 eZ Cash Points across Sri Lanka. Loading money would also be made possible at supermarkets and via bank branches, ATMs (Automated Teller Machine), internet and phone banking services of Sri Lanka’s leading banking institutions.
Sending and receiving money between eZ Cash accounts as well as making payments for goods, services and utilities and for the purchase of items over the Internet is as simple as sending an SMS with the aid of an user-friendly and tri-lingual menu on the mobile phone.
“We have no doubt that the partnership between Ceylinco VIP and eZ Cash will deliver our mutual customers with exceptional convenience with respect to renewal payments. We are extremely honoured to welcome Ceylinco VIP as an institutional partner within the eZ Cash payment network,” Dialog Axiata PLC Group Chief Executive Dr. Hans Wijayasuriya said.