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Introducing another pioneering initiative to the Sri Lankan banking industry, HNB announced a new partnership with UnionPay International, to accept card payments from one of the largest payment networks in the world.

Through the new agreement, Sri Lankan merchants who operate HNB Point-of-Sales (POS) devices will now be able to accept UnionPay cards, empowering businesses across the island – particularly with regard to the formal and informal hotel sector, traditional crafts, jewellry and restaurants – to cater to a massive new market of potential customers with ease.

“HNB’s partnership with UnionPay International is without any doubt a historic achievement for the Sri Lankan banking industry. Over the last year alone Sri Lanka recorded tourist arrivals from China well in excess of 270,000 visitors and it is anticipated that these figures will only increase in the coming year.

“We are delighted to be partnering with HNB. Sri Lanka is an important market for UnionPay International in South Asia. We are uniquely positioned and ready to contribute to the growth of the tourism industry in Sri Lanka by providing travellers with the secure and easy payment option.” Senior Head of South Asia of UnionPay International – Derek Chang said.

Now, the UnionPay global acceptance network has expanded to 160 countries and regions, providing safe, convenient and preferential payment services for its global cardholders.