Fonepay and NIPL launches Cross Border QR Payment between Nepal and India

Technology Khabar २१ भाद्र २०८०, बिहीबार

Fonepay and NIPL launches Cross Border QR Payment between Nepal and India
Global IME Bank

काठमाडौं ।

Fonepay Payment Service Ltd, Nepal’s Largest Payment Network and NPCI International Payments Ltd (NIPL), the international arm of the of the National Payment Corporation of India, is now ready to launch the first Cross Border QR Payment between Nepal and India. This historic unveiling took place at the Global Fintech Fest 2023.

This collaboration between Fonepay and NIPL will empower millions of citizens of both nations, to securely and conveniently make instant payments through QR code across various stores by using the mobile application certified by Fonepay and NPCI.

Both companies have now completed operational preparations and technological integration is in final process after which the companies can offer the service to their issuing and acquiring members and enable their consumers and merchants to enjoy the service.

Chairperson of Fonepay and President of F1Soft Group, Mr. Biswas Dhakal, said, “This remarkable launch marks a significant step towards enhancing financial connectivity between Nepal and India by leveraging technology for the benefit of our citizens.”

Nepal Telecom
Sajilo Visa

प्रकाशित: २१ भाद्र २०८०, बिहीबार

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