Sampath Bank and Apartner Digitise Condominium Payments, Boosting Efficiency in Sri Lanka’s Urban Living
Sri Lanka’s condominium sector continues to grow rapidly, reshaping urban living across the country. Yet, many residential communities still rely on manual payment methods that slow collections, delay reconciliations, and limit financial visibility for both residents and management corporations.
Addressing this gap, Sampath Bank PLC has partnered with Apartner (Pvt) Ltd to introduce a secure, real-time digital payments framework for condominiums. The collaboration integrates Visa’s Cybersource payment gateway with Sampath Bank’s API Manager, enabling seamless payment collection, instant outward settlements, and automated reconciliations.
Chirath Samarasekara, Head of Card Centre at Sampath Bank, said:
"Condominium living is becoming a defining feature of modern Sri Lanka, and the financial infrastructure supporting it must evolve accordingly. Through Visa’s Cybersource and our API Manager, this partnership ensures real-time settlements and reconciliations, offering residents a secure, convenient digital experience while giving management corporations greater transparency, control, and predictability."
As Sri Lanka advances toward a cashless and digitalised future, digitised payments in residential communities are critical for improving payment discipline, reducing operational friction, and building trust between residents and management corporations.
Via the Apartner platform, residents can already manage visitor access, facility bookings, notices, and monthly invoicing. With Sampath Bank’s payment integration, maintenance fees and other charges can now be settled digitally and on time, eliminating cash handling, manual receipts, and follow-ups.
Deshan Dias Bandaranayake, Co-Founder and CEO of Apartner, added:
"This partnership addresses one of the biggest operational pain points for condominium communities. Real-time payment visibility and automated reconciliation give management corporations confidence in their cash flows, while residents enjoy convenience, security, and peace of mind through a platform designed for everyday living."
Already trusted by developments such as Capitol Twin Peaks, Havelock City, Trillium, and John Keells Properties, the Sampath Bank–Apartner partnership sets a new standard for digitally enabled condominium living, ushering in a more connected, efficient, and cashless era for Sri Lanka’s urban communities.