ComBank provides IPG facilities to Fairway Holdings | Sunday Observer

ComBank provides IPG facilities to Fairway Holdings

Commercial Bank Chief Operating Officer Sanath Manatunge (second from right) and Fairway Holdings Group Chief Executive officer Imal Fonseka exchange the agreement in the presence of Fairway Holdings Chief Information Officer Kumar Melvani (left) and the Bank’s Deputy General Manager, Marketing Hasrath Munasinghe.
Commercial Bank Chief Operating Officer Sanath Manatunge (second from right) and Fairway Holdings Group Chief Executive officer Imal Fonseka exchange the agreement in the presence of Fairway Holdings Chief Information Officer Kumar Melvani (left) and the Bank’s Deputy General Manager, Marketing Hasrath Munasinghe.

Commercial Bank has been chosen as the Internet Payment Gateway (IPG) service provider to Fairway Holdings and facilitate online transactions for the fast-growing conglomerate.

Fairway Colombo, Fairway Sunset - Galle and Fairway Aviation have been provided with Commercial Bank’s Payment Gateway Service, while Go Outdoors will be on board, a Bank spokesman said.

The merchant service provided by Commercial Bank to Fairway Holdings will cover the authorisation of credit and debit cards and direct payment processing for the Group’s e-businesses. Visa, Mastercard and UnionPay branded cards are the payment options through the service.

TheBank will offer IPG services through a stable, secure and reliable solution to Fairway Holdings. MPGS will provide Fairway Holdings an option to perform card-on-file transactions through tokenisation, keeping sensitive card details away from merchant’s systems.

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