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.