People’s PAY WAY — Making ‘busy life’ easy

Water Mart Systems Director Shanik de Silva launches the service by paying his premium at the People’s Bank self-banking unit. From left: People’s Leasing Chief Executive Officer/GM Shamindra Marcelline, People’s Insurance Chief Executive Officer/GM Deepal Abeysekara, People’s Insurance Chairman Isuru Balapatabandi, and People’s Bank and People’s Leasing Chairman Sujeewa Rajapaksha 

People’s Leasing and Finance PLC, one of Sri Lanka’s leading non-banking financial institutions and its affiliate company, People’s Insurance PLC, together with People’s Bank, further facilitates the busy life of its customers by launching a multi-service payment network for all customer payments.

This latest service facility has been introduced as ‘People’s Pay Way’, and People’s Bank, in its Self-Banking Units, now facilitates People’s Leasing’s lease/loan instalments, Gold Loan payment and the payments of insurance premiums of People’s Insurance, along with other digital platforms.

The official launch of this unique multi-service payment facility took place recently and People’s Bank and People’s Leasing Chairman Sujeewa Rajapaksha and People’s Insurance Chairman Isuru Balapatabandi were present at the occasion.

Further, People’s Bank Chief Executive Officer/GM Ranjith Kodithuwakku, People’s Leasing Chief Executive Officer/GM Shamindra Marcellin, and People’s Insurance Chief Executive Officer/GM Deepal Abeysekara joined the event along with the senior management of each company.

Customers can make their premiums or any other payment by cash, debit or credit card, through People’s Pay Way, 24 hours a day and 365 days a year, using the cash deposit machines (CDM) and via debit cards through People’s Bank KIOSK machines. Accordingly, this service is now available at 244 People’s Bank self-banking units’ island-wide.

Customers can also pay their instalments or any other payment using People’s Leasing’s ‘PLC ONLINE’ method or through ‘Peoplesinsurance.lk’ for their insurance premiums. In addition, People’s Pay Way allows the convenience of making payments using the approved QR code when purchasing goods and through the People’s Wave banking app.

What makes this service even more special is that all payments are credited to the relevant accounts at the same time and all transactions are performed securely.

Accordingly, the company’s customers no longer have to go to a People’s Leasing or Insurance branch to make their payments. There is no extra charge for these facilities and busy customers do not have to set aside time during the day to pay their premiums. Using this facility, customers will also be able to make other payments on time.

Commenting on the People’s Pay Way facility, People’s Bank and People’s Leasing Chairman Sujeewa Rajapaksha said that as Sri Lankans become busier day by day, the bank will take various measures to facilitate its customers to alleviate their busyness. 

He further stated that he is pleased to see that People’s Bank, as the parent company, enabling its CDM and KIOSK machines to facilitate its affiliated companies’ customers to make payments. 

Commenting on the new service, People’s Insurance Chairman Isuru Balapatabandi stated that for the first time in Sri Lanka, an island-wide network of CDM and KIOSK machines with premium payment convenience is made possible and these three giants in the sector of banking, leasing and insurance together will win the hearts of customers with this secure payment method.