13 Dec 2021 - {{hitsCtrl.values.hits}}
Three leading fashion retailers recorded cumulative sales over Rs. 23 million in just three weekends in October and November as a result of promotions that offered cash backs and discounts for payments made via the Q+ Payment App on the LANKAQR platform.
The CommercialBank of Ceylon conducted these promotions to support the LANKAQR National rollout campaign by the Central Bank of Sri Lanka (CBSL) to promote cashless digital payments via the LANKAQR platform and to popularise Scan & Pay transactions.
Notably, Commercial Bank was the only bank in the country to organize three island-wide promotions of this nature within a period of two months. These promotions conducted soon after travel restrictions were lifted, were launched in collaboration with House of Fashions, Fashion Bug and Cool Planet outlets and invited retail customers to enjoy cash backs and discounts of 25 percent when they scan the merchants’ QR codes and pay for their purchases via the Q+ Payment App, which is the first QR-based payment application to be launched under LANKAQR.
Customers could perform scan and pay transactions via any LANKAQR compatible appat these merchant outlets.
A total over 3,200 ‘Scan & Pay’ LANKAQR transactions took place during these promotionsin a testament to the fact that both customers and the merchants have acceptedthe Q+ Payment app and LANKAQR platform as a safe, easy, and fast mode of payment for their needs, the Bank said. The promotions were an opportunity for customers to not just enjoy discounts at their favourite clothing stores, but also enabled them to experience the convenience and security of subscribing to the latest digital payment method that goes beyond both cashless and card-less payments, the bank added.
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