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Sri Lankan ATMs linked up at last

July 25, 2013

Mature ATM markets have taken common switches for granted for some years now. But it's something Sri Lankans are only about to enjoy.

The Sri Lankan Times Online said the Bank of Ceylon and People's Bank linked their combined 900 ATMs on Tuesday. 

"This will allow ATM cardholder customers of those two banks to withdraw cash and carry out balance inquiries from any ATMs of those two banks," said a statement from Sri Lanka's central bank.

The central bank said it expects other commercial banks will make changes to their own networks to access the common switch.

"A nationwide common platform for electronic payments is of great importance in achieving cost-effectiveness in the national payment system through sharing payment infrastructure in the country," the central bank said.

Read more about networking and connectivity.