fonetag

Everest Bank Launches ‘FoneTAG’, an Offline Digital Payment Solution, in Collaboration with Fonepay

TLDR: Three-point highlights Everest Bank, a joint venture partner with Punjab National Bank India, has launched FoneTAG, the first of its kind offline digital payment solution in the Nepali market in collaboration with Fonepay, Nepal’s largest digital payment network. FoneTAG enables customers to make merchant payments by presenting NFC tag or a CPQR code (customer…

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Nepal’s FinTech Ecosystem Gets Global Recognition with NePS Elected to PCI Security Standards Council Board

Nepal’s fast-growing FinTech sector has received a major boost with Nepal Electronic Payment Systems (NePS) being elected to the PCI Security Standards Council Advisory Board through a global voting process. Nepal Electronic Payment Systems (NePS) has now joined an elite group of major technology and financial services companies serving on the Advisory Board for the next two years (2023-2025), including Amazon, Apple, Bank of America, Barclays Bank, European…

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