Fonepay, Nepal’s frontrunner in the digital payment industry, has struck up a partnership with Alipay Plus, Ant Group’s payment company that unlocks digital payment for travelers from over 11 countries in Nepal. The facility allows tourists and travelers to pay for goods and services in Nepal by scanning the Fonepay QR on their digital payment apps.
Fonepay and Alipay’s partnership unlocks an interoperable QR network that facilitates international payments. The facility removes the need for travelers to carry paper bills or exchange their currency for Nepali currency in Nepal to pay their bills.
The cooperation was announced at a special ceremony organized in Kathmandu. Mr. Kiran Pandit, Executive Director, Payment System Department, Nepal Rastra Bank, was the chief guest at the event, while Mr. Shubhash Chandra Ghimire, Director, Payment System Department, Nepal Rastra Bank, was the Key Remark Speaker.
The program also had the presence of high-ranking officials from Nepal Rastra Bank (NRB), Nepal Tourism Board, media houses, and people from the business communities. Many representatives from banks and financial institutions also attended the ceremony.
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Fonepay and Alipay Plus benefit tourists with QR payment
Fonepay and Alipay Plus allow travelers from China, South Korea, the Philippines, Thailand, Italy, etc. to scan the onepay QR on their mobile wallets and pay in Nepal. Like with Nepali digital wallets, people from these applicable countries will have Fonepay QR on their mobile wallets to scan and pay for goods and services in Nepal.
Likewise, over 17 lakh Fonepay merchants in Nepal will be able to receive payments from foreigners on the Alipay Plus network. The digital payment facility makes tourists’ experience more convenient and smoother while they stay in the country.
Regarding its Alipay Plus collaboration, Fonepay said in a statement, “This partnership marks another step forward in making Nepal a digitally accessible and tourist-friendly destination, enabling visitors to experience the country with greater ease and confidence.”
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The partnership is expected to boost Nepal’s digital payment ecosystem and reinforce the digital economy and digital transformation. Fonepay adds that it will help render Nepal as a melting pot for tourism, trade, and cultural exchange.