National Savings Bank, in collaboration with Mastercard, has launched Tap and Go functionality on the NSBPay mobile application, becoming the first mobile banking app in Sri Lanka to enable contactless in store payments.

The innovation allows customers to make fast, secure and convenient payments by tapping smartphones at contactless enabled terminals locally and globally. Powered by Mastercard Digital Enablement Services, the solution uses advanced tokenisation to protect customer payment details. NSB General Manager and Chief Executive Officer Shashi Kandambi said the initiative reflects NSB’s commitment to customer centric digital innovation.

Mastercard Sri Lanka and Maldives Country Manager Sandun Hapugoda said the launch reinforces secure and inclusive digital payments, supporting Sri Lanka’s move towards a modern cashless economy.