HNB’s commitment to expand e-commerce and digital payments wins Daraz award for Card Base with Highest Growth

HNB has been recognised by Darazfor exceptional contributionto its growth, in an independent endorsement ofSri Lanka’sleading private bank’s commitment to expand e- commerce and digital payments throughout the country.

The award, for the‘ Card Base with Highest Overall Growth’, was presented to HNB at the ‘ Daraz Payment Partner Performance Awards 2021’. HNB, which ranks among Daraz’sbest banking partners, recorded the highest growth on total payment volume, buyer engagement and total transactions month- on- month, for both credit and debit cards for the year 20202021.

“This award is an important validation how the local economy – both businesses and consumers– are benefiting from HNB’s cohesive programme to drive greater adoption of e-commerce and digital payments,” HNB Head of Cards, Gauthami Niranjan said. “These efforts are particularly significant at present, given how digital and contactless payments can assistin reducing the spread of the pandemic and support the Bank’s and the country’svision to transform Sri Lanka to a cashless economy.”

Currently, HNB Cardholders enjoy multiple offers on Daraz, Sri Lanka’s leading online marketplace, a wholly- owned subsidiary of global e- commerce giant, the Alibaba Group. These include zero- interest instalment plans up to 48 months with attractive discounts for HNB Credit and Debit Cards and 10% off site- wide on Daraz for all HNB Credit Cards on purchases made during Saturdays. In addition, HNB tied up with Darazfor its 11:11 and Black Friday sales, which provided HNB Cardholders access to a range of offers and massive discounts.