Nations Trust Bank PLC (NTB), the issuer and sole acquirer of American Express Cards in Sri Lanka, announced a new partnership with KOKO, one of the country’s leading Buy Now, Pay Later (BNPL) solution providers. Through this collaboration, American Express Cardmembers of Nations Trust Bank can utilize their cards as a payment method on the KOKO app, increasing their convenience and flexibility while shopping across a wider network.
Cardmembers can now make purchases at more than 6,000 KOKO-partnered online and in-store merchants thanks to this partnership, and many of these previously did not provide installment plans directly on American Express Cards. In addition to earning Membership Rewards points for eligible KOKO transactions made with an American Express Card issued by Nations Trust Bank, cardmembers will also benefit from special promotions, discounts, and benefits offered throughout KOKO's partner network.
Michael Sathasivam, Regional CEO of KOKO, shared his thoughts on the partnership, stating, "We are thrilled to welcome Nations Trust Bank American Express Cardmembers to KOKO. More shoppers can now take advantage of various payment alternatives from thousands of merchants thanks to our partnership. We are eager to improve this relationship and provide our joint customers with greater value.”
Sheahan Daniel, Executive Vice President – Consumer Banking at Nations Trust Bank, also commented on the partnership. He noted, "We are delighted to collaborate with KOKO to improve our American Express Cardmembers everyday payment experience. Our Cardmembers now have more options, access, and flexibility when they shop throughout KOKO's vast merchant network thanks to this integration. We remain dedicated to growing significant partnerships that facilitate our customer's convenience and progression.”
Nations Trust Bank’s priority on allowing flawless, digitally sanctioned payment experiences, while providing more methods for American Express Cardmembers to appreciate value and rewards across their everyday transactions is further strengthened through this initiative.
About Nations Trust Bank
Nations Trust Bank PLC serves a diverse range of customers across Consumer, Commercial, and Corporate segments through multi-channel customer touch points spanning both physical and digital. The Bank is focused on digital empowerment through cutting-edge digital banking technologies, and pioneered FriMi, Sri Lanka’s leading digital banking experience. Nations Trust Bank PLC is an issuer and sole acquirer of American Express Cards in Sri Lanka, with market leadership in the premium market segments.
For more information, visit www.nationstrust.com
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Standing from left to right; Group CEO & Director of Q Collection Pte. Limited, Selvaraj Senthil Selvan, Chairman of Q Collection Pte. Limited, Muhammad Ghulam Faruq, Director/CEO of Nations Trust Bank PLC, Hemantha Gunetilleke, Executive Vice President - Corporate Banking of Nations Trust Bank PLC, Senal Seneviratne.
