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Cargills Bank and Mastercard collaborate to introduce Lanka’s first ocean plastic debit card

As an island nation, Sri Lanka’s and environmental wellbeing is closely connected to the health of its oceans and coastlines. The ocean plastic debit card aims to help raise awareness of marine pollution and resource conservation while encouraging greater consideration of circular-economy principles

It also delivers the same security, durability and payment functionality that consumers expect, supported by Mastercard’s global acceptance network. The new card has been developed in collaboration with Lake House Printers and Publishers PLC, whose technical expertise supported the production of the card.

This partnership brings together banking, payment technology and manufacturing capabilities to introduce an innovative product to the Sri Lankan market. It also highlights how cross-sector collaboration can support the development of practical solutions that contribute to a more sustainable future.

Cargills Bank, Managing Director & CEO Senarath Bandara said; “The launch of Sri Lanka’s first ocean plastic debit card is an important step in Cargills Bank’s commitment to sustainable banking and responsible innovation. We believe even everyday banking products can contribute to a more sustainable future. This initiative demonstrates our efforts to integrate environmental responsibility into the way we serve customers. We are pleased to have collaborated with Mastercard and Lake House Printers and Publishers PLC for this milestone.”

Sri Lanka Mastercard Country Manager Mahesha Amarasuriya said; “At Mastercard, we believe innovation should create value not only for consumers and businesses, but also for the communities and environments in which we operate. This launch demonstrates how everyday payment experiences can help advance sustainability objectives, promote more responsible resource use and raise awareness about the importance of protecting our oceans for future generations.”