Dialog Axiata PLC has launched ‘Genie’ one of Sri Lanka’s first ‘Payment Card Industry Data Security Standard’ (PCI-DSS) certified mobile payment app.
‘Genie’ transforms a conventional wallet to a digital wallet that securely holds credit and debit cards, current and savings accounts (CASA) and eZ Cash account on the mobile phone, a company spokesman said.
Group Chief Executive, Dialog Axiata, Supun Weerasinghe said, “We are seeing a sharp rise in the growth of cashless transactions globally driven by growing adoption of smartphones and availability of broadband connectivity. To facilitate this movement and provide customers and merchants with a versatile, simple and convenient method for transacting, we launched Genie. Security, convenience and privacy is at the core of Genie and demonstrates our ability offer best-in-class solutions for the digital economy.”
Genie enables a seamless payment experience for in-app, Over the Counter (OTC via QR Code), web and remote payments. Fully certified by the globally recognised PCI Data Security Standards body, Genie brings to Sri Lanka’s consumers and merchants a secure, convenient and rapid transaction platform which is set to revolutionise Sri Lanka’s digital payments landscape. The cutting-edge smartphone app and simple to use merchant interface will empower merchants and consumers with the very latest in digital transaction technology and facilitate payment transactions direct from the Mobile Phone.
The Genie Payment Platform has been approved and endorsed by the Central Bank of Sri Lanka and ensures the security of a cardholder’s data through a two-step verification process for transaction based security.
The app has the option of using fingerprint authentication, adding an extra layer of protection not available with physical cards or money. Genie ensures identity and access assurance, secure communication and response on all transactions and data.
Genie enables customers to track and manage spending patterns while merchants can track transaction history using of digital receipts available. Merchants can extend Genie as a payment platform and payment gateway to customers, and includes benefits such as a user friendly and reliable merchant portal with the ability to view transaction reports in real time. Payments will be channeled through a Sampath Bank Internet Payment Gateway (IPG) with the CASA (Current Account & Savings Account) feature supported by Cargills Bank.
Genie will continue to gain widespread acceptance among an expansive merchant network for its quick and simple integration model and create a cohesive and convenient brand-wide payment ecosystem to engage customers and merchants more frequently.
Source: http://www.sundayobserver.lk/2018/09/23/business/dialog-axiata-introduces-mobile-payment-app