NRB licensed payment system operator Smart Choice Technologies and Everest bank have entered into the agreement to operate QR payments through Smart QR. Both companies entered into this collaboration where Narayan Prakash Bhuju, CEO of Smart Choice Technologies and Bijay Kumar Sharma, Deputy CEO of Everest Bank signed the agreement paper. With this collaboration, the…
SCT has launched an omnichannel-based fast-banking solution after its research for five years. This system is supposed to solve the interoperability issue between mobile banking and internet banking services. This “Fast Banking Solution” was launched in Hotel Raddisson on November 16, 2022, in the presence of banking and policy level dignitaries along with IT enthusiasts,…
Do you have your bank account in NIC Asia bank? If yes, this article is definitely for you. NIC Asia bank has started to provide Video KYC (V-KYC) services to its customers where they can update their KYC details through a video call with the bank. Every banking customer needs to update their Know-Your-Customer (KYC)…
The customers of NIC Asia Bank can now scan Smart QR through their NIC Asia MoBank and make QR code payments. NIC Asia Bank and Smart Choice Technologies (SCT) have signed the agreement to allow NIC Asia MoBank users to scan Smart QR at the point of sale and pay through the mobile banking app….
Digital lending in Nepal has reached a new height as now you can get LC and Bank Guarantee online from Global IME Bank. The bank has started the service of issuing bank guarantee and letter of credit (LC) digitally such that the customers do not need to visit the bank for these purposes. The bank…
You might have been hearing about the word “Omnichannel” which is trending in the fintech industry in Nepal. A few banks have gone into omnichannel systems to give a seamless banking experience for their customers. And they are promoting this as a grand upgrade in the overall digital banking experience than ever. So, what’s special…
Mobile banking numbers are widely used to directly transfer the funds through mobile banking apps. You can use Fonepay direct in your mobile banking app to transfer funds to another bank account. However, you’ll be in trouble if you fail to notify to the bank if you change your mobile number. If your SIM card…
Standard Chartered Bank Nepal has once again got AAA ratings. It has retained the issuer rating of AAA from ICRA Nepal. Such issuers carry the lowest credit risk as they are considered to have the highest degree of safety regarding timely servicing of financial obligations. This is the third consecutive year the bank has received this rating. How did Standard Chartered Bank Nepal Maintain this AAA Rating? There are two companies that provide…
On December 2021, Mega Bank Limited had upgraded its mobile banking system with a new banking experience. It has upgraded its UI/UX along with entering in the Omni-channel system. An omni-channel approach means that distribution, promotion, and communication channels are all integrated. It signifies that your information is already stored in the system and that…
2022 is on our doorsteps and we all might have our own plans for the next year. As this year 2021 is going to end, every individual and entity might be preparing for something bigger, something greater next year. Many e-commerce industries are providing Christmas and New Year Offers for customers. The year 2021 has…
