“CDB, as always, strives to offer the best value to all its customers. With time being a precious commodity and with customers expecting an unparalleled service with regards to their day-to-day transactions of funds, this partnership offers the most convenient solution. Since we are the first in the industry to offer this service through VISA International and with our parallel implementation of a core banking solution, it will no doubt create a competitive advantage for us to deliver a superior service to our customers”, said Imdaad Naguib AGM IT at CDB.
“CDB Visa Debit Cards will offer our customers far more convenience than either an ATM card or cash. Carrying the Visa debit card reduces the need for trips to the ATM, by enabling fast, cash-free transactions at millions of locations across the world. These include supermarkets, restaurants, pharmacies, gas stations, clothing retailers, electronic stores and more. As well as offering a simpler way to pay, it gives customers 24-hour access to their money, whenever they need it”, he further added.
Mr. Uttam Nayak, Group Country Manager, India and South Asia, Visa, said, “Visa welcomes CBD, our first non-banking financial institute, as our esteemed member from Sri Lanka. They will play an essential role in providing many more Sri Lankan citizens the benefits of electronic payments, especially through the Visa Debit card. I am confident that going forward our partnership will provide great value to Sri Lanka, by further strengthening their cashless economy. With 44 online connected outlets, the brand CDB ranks 50th from among the top 100 Most Valuable Leading Brands in Sri Lanka by Brand Finance Lanka in 2012”.