HNB PLC, Sri Lanka’s leading private sector bank, has announced a strategic partnership with Bancstac to launch innovative payment capabilities and expand into international markets—enabling HNB merchants to accept secure online payments from Visa, Mastercard, UnionPay International, and dynamic QR code checkouts through HNB’s Internet Payment Gateway (IPG).
Price Certainty, 3D Secure Protection, and Enterprise Merchant Controls.
Merchants can provide international customers with price certainty in their home currency by enabling HNB’s real-time currency conversion service over IPG for Visa and Mastercard International cards. HNB’s IPG is easily integrated into merchant websites, mobile apps, and interoperable across multiple sales channels while providing customers a secure and low-friction checkout experience, backed by a 3D Secure transaction authentication layer on all card payment requests to reduce chargeback, fraud, and liability risks.
Through an online administration portal, merchants can enable custom transaction rules to manage business risks, access detailed transaction reports, and activate advanced payment features including custom-branded payment pages, recurring card payments, encrypted card tokenisation, currency conversion services, e-commerce plugins, APIs for bulk payment processing, and single-use e-payment links shareable via SMS, instant messaging, social media, and email.
Additionally, merchants who wish to accept American Express, Diners Club, and Discover Network payments via seamless integration to the HNB IPG can apply to Bancstac, the authorised payment aggregator for American Express, Diners Club, and Discover Network. As the next phase of the partnership, HNB will also introduce Alipay, WeChat Pay, JCB, and LankaPay National Card Scheme acceptance through Bancstac.
Sri Lanka & Maldives
Powers direct merchants, fintechs, and aggregators across Sri Lanka and international markets starting with the Maldives.
Home-Currency Certainty
Real-time currency conversion over IPG for international Visa and Mastercard cardholders.
Tokenisation & Pay Links
Recurring billing, bulk APIs, custom risk rules, and single-use payment links across SMS, social, and email.
“In today’s rapidly changing economy, it’s crucial for our customers and community to have the right digital financial tools. Our collaboration with Bancstac marks a significant stride in our journey to offer innovative payment solutions, while ensuring stringent standards in security, compliance, data protection, and technical stability. HNB’s IPG seamlessly integrates these capabilities with our bank staff to deliver an efficient and delightful customer experience.”
“Our partnership with Bancstac has far exceeded our expectations. Their team has swiftly provided critical technology solutions, enabling us to prioritise key business initiatives in Sri Lanka and expand our merchant acquiring business internationally, starting with the Maldives. Thanks to Bancstac’s assistance, HNB’s next-generation IPG is rapidly becoming an essential tool for direct merchants, fintech partners, and payment aggregators seeking to broaden their payment solutions.”
“We are honoured to partner with HNB, particularly given their track record as an established merchant acquiring bank. Our commitment extends to assisting all the bank’s clients, including those with complex, sector-specific integration requirements. We also take pride in supporting HNB’s digital payment innovation strategy, both domestically and internationally. We look forward to continuing our strong collaboration with HNB to deliver innovative technology solutions for the bank and its valued customers.”
About Hatton National Bank
With 255 customer centres and 800+ Smart Self-Service Machines (SSMs) nationwide, HNB is one of Sri Lanka’s largest, most technologically innovative private banks. Consolidating its legacy in sustainability, good governance and corporate excellence, HNB was crowned the Best Corporate Citizen at the Ceylon Chamber of Commerce Best Corporate Citizen Awards and ranked among the World’s Top 1,000 Banks compiled by The Banker Magazine UK.
About Bancstac
Bancstac provides sovereign and politically neutral payment infrastructure to licensed financial institutions. Bancstac maintains direct connectivity to core banking systems, global payment networks and alternative forms of digital payments including loyalty points. Bancstac delivers payment innovations for banks at fintech speed.