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HomeBiz NewsSLT-MOBITEL’s mCash supports Peoples Leasing customers with convenient collection and repayment process

SLT-MOBITEL’s mCash supports Peoples Leasing customers with convenient collection and repayment process

SLT-MOBITEL mCash, the innovative mobile money platform and wallet conceptualized by SLT-MOBITEL and approved by the Central Bank of Sri Lanka, now offers greater convenience for People’s Leasing and Finance (PLC) customers in processing their monthly leasing repayments.

SLT-MOBITEL, the National ICT Solutions Provider and People’s Leasing and Finance (PLC), the financial solutions provider in the Non-Banking Financial Institutions (NBFI) sector in Sri Lanka have partnered to support the organisation’s collection management process while strengthening leasing repayment mechanisms via expanding mCash services.

PLC customers are now empowered to repay their lease payments easily and without hassle through the SLT-MOBITEL mCash wallet or at mCash retailer points. In turn this measure enables PLC to collect due leasing payment conveniently and without delays.

SLT-MOBITEL mCash authorized retailer network are available island-wide with more approved retailers to be added in the future. Partnering PLC is another milestone achieved by SLT-MOBITEL in promoting digital transformation for all citizens.

SLT-MOBITEL’s mCash has transformed the mobile money concept in Sri Lanka by introducing innovative features, and constantly creating ways in which mCash can be more inclusive and adapted to customer lifestyles.

mCash offers services such as Sending & Receiving Money, Mobile Reloads & Bill Payments, Utility, Insurance, Finance & Leasing payments, Online, In-store Shopping Payments via QR which has been developed to LankaQR standards of Central Bank of Sri Lanka, Bank Deposits, Loan & Credit card repayments and Digital Loans where Customer could apply & get a Loan from the mobile via mCash. SLT- MOBITEL’s mCash retailer network includes small corner shops to leading retail outlets adding up to 25,000+ retailer network / touch points island-wide including Mobitel Branches, SLT Teleshops, Singer showrooms, Lanka Bell, Pay & Go Kiosks or top up mCash directly from the mCash App.

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