Sri Lanka, Aug. 13 -- Sampath Bank PLC has announced a strategic partnership with global payments technology company Bancstac to introduce Alipay+ payment acceptance across both brick and mortar and e-commerce merchant channels in Sri Lanka.

The initiative builds on the Bank's existing collaboration with Ant International, which enabled Alipay acceptance at offline merchants. Following the launch of Alipay+, Sampath Bank now facilitates payment acceptance from consumers in China using Alipay and consumers of partner wallets from Singapore, Malaysia, South Korea, Thailand, Vietnam, the Philippines, Indonesia, Pakistan, the European Union and others. The Alipay+ ecosystem supports more than 25 global payment partners providing businesses w...