ComBank & UnionPay invite cardholders to ascend to culinary heights at Lotus Tower

Top UnionPay spenders and their companions to enjoy dining at revolving restaurant

Commercial Bank’s UnionPay cardholders are in for an exclusive treat – a banqueting experience at Colombo’s newest dining sensation, the revolving restaurant at the Lotus Tower.

This special reward is part of a promotion by the Bank for Credit and Debit Card holders of UnionPay, the leading global card payment network.

Any ComBank UnionPay cardholder who spends a minimum of Rs 50,000 per month in December 2023 and January and February 2024 will be among those eligible for selection for this exclusive reward, described by the Bank as “the pinnacle of dining and sophistication.” The event promises an unforgettable experience for the selected cardholders and their chosen companions at the end of the three-month promotion, the Bank said.

“We are delighted to partner with UnionPay to conduct a promotion of this nature, which matches the profile of these cardholders,” the Head of Commercial Bank’s Card Centre Mr Nishantha De Silva said. “As the first issuer of UnionPay cards in Sri Lanka, Commercial Bank and UnionPay have a special relationship and have achieved many firsts together in the market.”

Director of UnionPay International South Asia Mr Hu Binghan added: “With Commercial Bank’s efforts to facilitate usage of our cards in Sri Lanka by enabling point-of-sale terminal and QR code payment acceptance, we have witnessed good growth of the cardholder base. A promotion of this nature which promotes engagement with the cardholders on an emotional as well as physical level, is timely.”

UnionPay International (UPI) is a subsidiary of China UnionPay. In partnership with more than 2,500 institutions worldwide, UnionPay International has enabled card acceptance in 181 countries and regions with issuance in 79 countries and regions. UnionPay International provides high quality, cost effective and secure cross-border payment services to the world’s largest cardholder base and ensures convenient local services to a growing number of global UnionPay cardholders and merchants.

Commercial Bank owns the fastest-growing Credit Card base in Sri Lanka and enjoys market leadership in Credit and Debit Card cumulative point-of-sale usage. The Bank offers a variety of Credit Cards in all tiers from the world’s leading payment card brands. These cards are equipped with ‘Tap ’n Go’ NFC technology and are backed by a strong NFC Point-of-Sale (POS) network.

Commercial Bank Credit and Debit Cards offer year-round promotions covering a wide variety of services. Commercial Bank was the first bank to offer loyalty rewards for both Credit and Debit Card holders under its Max Loyalty Rewards Points scheme. The Bank was also a pioneer in extending promotional discount offers which were traditionally only offered for Credit Cards to its Debit Cards.

Sri Lanka’s first 100% carbon neutral bank and the first Sri Lankan bank to be listed among the Top 1000 Banks of the World, Commercial Bank operates a network of 271 branches and 964 automated machines in Sri Lanka. Commercial Bank is the largest lender to Sri Lanka’s SME sector and is a leader in digital innovation in the country’s Banking sector. The Bank’s overseas operations encompass Bangladesh, where the Bank operates 20 outlets; Myanmar, where it has a Microfinance company in Nay Pyi Taw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.