Sri Lanka’s condominium landscape continues to expand at pace, reshaping urban living across the country, yet many residential communities still rely on manual payment methods that slow down collections, delay reconciliations and limit financial visibility for both residents and management corporations.
Responding to this growing gap, Sampath Bank PLC has partnered with Apartner (Pvt) Ltd to digitise condominium payments in Sri Lanka, introducing a secure, real-time payment and settlement framework designed to support smarter, more efficient apartment living. The partnership integrates Visa’s Cybersource payment gateway with Sampath Bank’s API Manager, enabling seamless digital payment collection alongside instant outward settlements and reconciliations.
Speaking on the collaboration, Chirath Samarasekara, Head of Card Centre at Sampath Bank, stated, “Condominium living is becoming a defining feature of modern Sri Lanka and the financial infrastructure that supports it must evolve accordingly. Through Visa’s Cybersource payment gateway and our API Manager, this partnership enables real-time settlements and reconciliations that bring greater transparency, control and predictability to condominium payments while offering residents a secure and convenient digital experience.”
As Sri Lanka advances its national digitalisation and cashless future, the shift towards digitised payments within residential communities plays a critical role in improving payment discipline, reducing operational friction and strengthening trust between residents and management corporations.
Through the Apartner platform, residents can already manage key aspects of condominium life including visitor access, facility bookings, notices and monthly invoicing, with the integration of Sampath Bank’s payment capabilities allowing maintenance fees and other charges to be settled digitally and on time, eliminating the need for cash handling, manual receipts and follow-ups.
Deshan Dias Bandaranayake, Co-Founder and Chief Executive Officer of Apartner, commented, “This partnership with Sampath Bank allows us to remove one of the biggest operational pain points faced by condominium communities. Real-time payment visibility and automated reconciliation give management corporations confidence in their cash flows while residents gain convenience, security and peace of mind through a platform built for everyday living.”
Already trusted by leading developments such as Capitol Twin Peaks, Havelock City, Trillium and John Keells Properties, the partnership between Sampath Bank and Apartner sets a new benchmark for digitally enabled condominium living, supporting a more connected, efficient and cashless era for Sri Lanka’s urban communities