Takas.lk, one of Sri Lanka’s largest electronics malls, and Visa, the global digital payments technology network, have teamed up to announce a new campaign to offer all Visa cardholders a 12.5% discount for online purchases at Takas.lk besides offering a secure, convenient and enriched online shopping experience.
Under the offer, valid up to 30 September 2017, customers using their Visa cards at Takas.lk will be able to save more through exclusive discounts on over 13,000 products online, which can be delivered right to their home or office in three to five working days.
In the last few years there has been steep growth in Sri Lankan consumers buying products online. According to a survey, while overall the retail market in Sri Lanka is projected to expand by 5% annually until 2020, e-commerce will simultaneously expand by 71% to reach $ 4 billion. Takas.lk, which has a large consumer base across the island, has seen a rapid increase in online shoppers using cards as a payment tool.
Commenting on the tie-up, Takas.lk CEO and Co-Founder Lahiru Pathmalal said: “Takas.lk, having successfully launched cash on delivery in Sri Lanka for the first time, is now seeing more and more consumers buying online using debit and credit cards. Using a card means more security. You have the ability to pay over time through merchant banks and you do not have to stay at home for couriers to hand over cash. We are very excited to extend this offer to all our customers holding Visa cards.”
Speaking at the occasion, Visa Sri Lanka Country Manager Anthony Watson said: “As a global leader in payment technology, Visa is committed to help Sri Lanka reduce cash and increase electronic payments while enabling a convenient, secure and seamless shopping experience. We are delighted to team up with Takas.lk as Sri Lanka is poised to make rapid strides into the next phase of evolution of electronic commerce that includes many new players and innovative ways to shop, pay and get paid, while maintaining the payment security that consumers expect from Visa.”