MAIN MENU

Mobitel mCash partners with Union Assurance PLC

Mobitel mCash partners with Union Assurance PLC

The National Mobile Service Provider Mobitel’s Mobile Money platform mCash has partnered with Union Assurance PLC to offer the mCash platform to its Life Insurance Advisors for the Life Insurance policy payment collection process. With the launch of this new facility, Union Assurance Advisors are able to update their customer’s Life Insurance Policies immediately and conveniently while the customers are able to receive a SMS confirmation of their payment at the very moment of making the payment which ensures convenience, security and transparency to the customers when handing over their insurance premium payments.
 
The venture comes as a first of its kind in Sri Lanka where Mobitel mCash will offer its services to streamline the payment collection process of Union Assurance PLC to create a productive and competent mechanism to carry out its insurance functions. The range of insurance solutions offered by Union Assurance PLC would be effectively catered to support customer needs through the technological assistance delivered by the established mCash platform.
 
The technological resources and knowledge contributed by Mobitel mCash for the initiative would further harness growth potential that would enable Union Assurance PLC to tap new and upcoming markets that require insurance solutions for multiple purposes. The advanced mCash technology will facilitate business prospects in some of the most remote and distant regions outside urban communities.
 
With the rapid growth it has experienced over the years with a growing clientele, Mobitel has made a strong presence countrywide with mCash which enables its customers to maintain a mobile money account for a quick and convenient method of carrying out monetary transactions. Licensed under the Central Bank of Sri Lanka, mCash provides a full range of services that include depositing, withdrawing and transferring money, paying Utility bills, Insurance premiums and Leasing payments, settling payments to government institutions, making charitable donations and day-to-day purchases for goods and services.
Released date: 
Friday, November 13, 2015
Press Release Type: 
2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
2016
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
2015
December 2015
November 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
2014
December 2014
November 2014
October 2014
September 2014
July 2014
June 2014
May 2014
March 2014
February 2014
January 2014
2013
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
March 2012
February 2012
January 2012
2011