Commercial Bank partnered with leading e-Commerce platform, Takas.lk, to give incredible savings to its credit card and debit card base for the months of March and April, a partnership that hit record levels. During this period customers were given discounts to up to 12 per cent on a range of more than 13,000 products. The [...]

Business Times

ComBank, Takas.lk link results in largest day of sales in eCommerce in SL

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Commercial Bank partnered with leading e-Commerce platform, Takas.lk, to give incredible savings to its credit card and debit card base for the months of March and April, a partnership that hit record levels.

During this period customers were given discounts to up to 12 per cent on a range of more than 13,000 products. The massive single day sale occurred with discounts of 25 per cent offered for all the products at Takas.lk. In a single day (March 29) Takas.lk recorded sales of Rs. 51 million or more than Rs.33,000 in sales revenue per minute.

Commenting on the partnership, Thusitha Suraweera Head of Cards stated: “We believe that digital and credit card payments is the way to the future. Commercial Bank is also the provider of the Internet Payment Gateway (IPG) to Takas.lk”

Lahiru Pathamalal, CEO/co-founder of Takas.lk said, “This clearly shows that e-Commerce is here to stay. It also shows that Takas.lk have fully scalable model that we have built. Takas.lk being a managed market place mode (only a virtual stocks) we work with reputed suppliers in the country such as Singer to deliver products to the end consumer.”

Commenting on the technology that enabled this massive turnover, Kalinga Athulathmudali, takas CTO said: “We have internally developed systems that were able to handle a large amount of traffic coming on to our site, we do our hosting as well. The site was able to handle multiple orders coming though our payment gateway every minute (empowered by Commercial Bank) which meant that we did not lose any orders, there was no down time”.

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