June 9, 2025
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5min11
(Colombo, 6 June 2025) Spa Ceylon, the world’s largest luxury Ayurveda wellness chain, is collaborating with Shangri-La Colombo and Mastercard to launch ‘Wellness Month 2025’. It is a series of wellness experiences taking place throughout June, planned around landmark days such as Global Wellness Day and International Yoga Day, celebrated during the month. The official […]

May 15, 2025
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3min18
Industry leaders and policymakers collaborate to discuss ways to enhance digital payment acceptance among small businesses Colombo, Sri Lanka, 15th May 2025: Mastercard recently hosted the ‘Access Unlocked: Digital Payments for Every Business with Low-cost Acceptance for a High-impact Economy’ summit, bringing together industry leaders, policymakers, and financial experts for a dialogue on tackling challenges in expanding […]

May 8, 2025
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5min24
The two entities will collaborate to launch co-branded debit cards, and enable AI-powered payment security and low-cost QR payments to accelerate financial inclusion Colombo, Sri Lanka, May 08th, 2025: Reaffirming its commitment to bolstering Sri Lanka’s digital economy, Mastercard and LankaPay, the national payment network of Sri Lanka, today announced a strategic collaboration to enhance […]

February 6, 2025
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3min36
The solution will provide a frictionless experience to cardholders with instant payments and real-time SMS alerts. Colombo, Sri Lanka, 06th February 2025: Cargills Bank and Mastercard have collaborated to launch Sri Lanka’s first contactless sticker payment solution. Titled ‘Tapit’, the new solution promises to revolutionize everyday transactions for Mastercard credit and debit cardholders. Combining Mastercard’s […]

January 7, 2025
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3min30
Reinforces commitment to promoting entrepreneurship and inclusive growth in Sri Lanka Colombo, Sri Lanka, 07th January 2025: Reiterating its commitment to fostering entrepreneurship and furthering inclusive growth through digital innovation in Sri Lanka, Mastercard collaborated with the Information and Communication Technology Agency (ICTA) to power the Global Entrepreneurship Week (GEW) 2024. Organized from 18-24 November, […]

September 13, 2024
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3min32
Colombo, Sri Lanka, 13th September 2024: Mastercard and Bank of Ceylon today announced their collaboration to launch ‘WellGlobe’, Sri Lanka’s first medical tourism card. The new card is designed to cater to the growing trend of Sri Lankans seeking medical treatment in countries like India and Singapore.     The WellGlobe card is aimed at […]

September 4, 2024
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1min26
September 2024, Colombo: FriMi recently partnered with Mastercard to create a challenge, rewarding FriMians who made transactions worth Rs. 10,000 or more using either their physical or virtual FriMi debit cards. The lucky FriMian to win, Mohamed Shihab Rekaz, received the latest Samsung Galaxy S24 mobile device. 10 additional winners received Samsung Fit3 smartwatches, including […]

August 15, 2024
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4min33
DFCC Bank has forged an exclusive partnership with Lanka IOC (LIOC) to introduce Sri Lanka’s first-ever Co-Branded consumer fuel Mastercard Credit Card. This unique collaboration brings you a new and exciting product, offering cardholders exceptional savings in Cashbacks, Easy Payment Plans, and more with every spend.     Accordingly, cardholders are entitled to a 5% […]

July 8, 2024
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4min30
Aims to improve operational efficiency leveraging Mastercard’s Tourism Insights and improve cybersecurity monitoring via RiskRecon. Colombo, Sri Lanka, 08th July 2024: SriLankan Airlines and Mastercard today announced their collaboration to enhance the operational efficiency and strengthen the cybersecurity posture of the country’s national carrier.     The airline will be leveraging Mastercard’s Tourism Insights, a […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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