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…
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…
Loading digital wallets through credit cards? You should be careful now. As you know, the banking system in Nepal is going through a liquidity crisis this time. Banks are being really strict in lending credits. On the other hand, they are trying to bring in a lot of deposits. In this scenario, the Nepal Rastra…
