The mobile money platform, mCash, has entered into a partnership with Mastercard to further enhance Digital inclusivity in Sri Lanka. As a result of this partnership, mCash customers can look forward to an array of benefits such as new products and services.
mCash’s partnership with Mastercard is expected to fuel the reach of mCash services across its over 16,000+ partner network by empowering them with many benefits that will further enhance their digital capabilities to serve customers.
mCash is a Mobile Wallet conceptualized by Mobitel and approved by the Central Bank of Sri Lanka to conveniently, instantly and securely enable financial transactions by using a mobile phone. mCash offers services such as sending and receiving money, mobile reloads and bill payments, utility and institute payments, online and in-store shopping payments via mCashQR which has been developed to the global EMVCo standards, bank deposits and digital loans where a customer could apply and get a loan from the mobile via mCash.