Union Bank collaborates with Mastercard to enhance digital payments

Tuesday, 28 October 2025 00:02 - - {{hitsCtrl.values.hits}}

From left: Mastercard Principal – Service Business Development Nachiket Limaye, Director – Account Management Shashi Madanayaka, Sri Lanka and Maldives Country Manager Sandun Hapugoda and Union Bank Chairman Dinesh Weerakkody, Director/Chief Executive Officer Dilshan Rodrigo, Director Dr. Dharmasri Kumaratunge, Vice President – Head of Cards and Retail Products Malinda Perera and Chief Business Officer Asanka Ranhotty

Union Bank continues to strengthen its commitment to innovation and customer convenience through strategic collaborations. The Bank collaborated with Mastercard to enhance its digital payment ecosystem, offering customers smoother, safer and more seamless transaction experiences across multiple platforms. The collaboration also supports Union Bank’s vision to drive Sri Lanka’s transition towards a digitally empowered economy, combining Mastercard’s global expertise with the Bank’s local insight to deliver cutting-edge solutions for individuals and businesses alike.

Union Bank Vice President – Head of Cards and Retail Products Malinda Perera said: “Our collaboration with Mastercard is a strategic step in Union Bank’s digital growth agenda, as we continue to invest in technologies that enhance customer experience and deliver enhanced value through digitalisation.”

Mastercard Sri Lanka and Maldives Country Manager Sandun Hapugoda said, “Mastercard is proud to leverage its global expertise in payments technology to support Union Bank’s digital growth journey. This collaboration aims to deliver more secure, seamless, and future-ready transaction experiences for the bank’s customers. It reflects our shared commitment to empowering individuals and businesses with world-class infrastructure that ensures security while enabling long-term growth and success.”