ComBank’s Android POS units accept contactless payments of UnionPay cards

Monday, 1 November 2021 00:00 - - {{hitsCtrl.values.hits}}

The Commercial Bank of Ceylon has announced that its Point-of-Sale (POS) devices have been enabled to accept contactless payments via ‘QuickPass’ – the Near Field Communication (NFC) technology of UnionPay cards.

With this development, holders of NFC-enabled UnionPay cards and Mobile QuickPass linked with UnionPay cards can make convenient and secure contactless payments at any merchant that has a ComBank Android Smart Terminal, and purchases below the value of Rs. 7,500 will not require a PIN or a signature, the bank said.

Commercial Bank is one of the leading Android POS device providers in the country and is also the exclusive issuer of UnionPay Cards in Sri Lanka. The bank’s all-in-one POS devices allow the processing of transactions via all leading card brands in the world, including UnionPay and other card schemes as well as QR-based wallet payments.

UPI is a subsidiary of UnionPay focused on the growth and support of UnionPay’s global business. In partnership with more than 2,400 institutions worldwide, UPI has enabled card acceptance in 180 countries and regions with issuance in 70 countries.