Machhpuchchhre Bank Limited has launched a voice box feature for its QR payments, being the first bank to do so in Nepal. The innovative service called “instant payment notification” notifies QR merchants of successful transactions with an SMS and sound. The unique service accentuates the private commercial bank’s aggressive drive of providing digital banking services.
At the moment, this service has been started at the payment system department of Nepal Rastra Bank, and some offices of its own.
Machhapuchchhre Bank (MBL) started this service after installing a voice box in its QR system on Shrawan 05, 2080 BS. As the service gives instant notification to the MBL QR merchants of successful payments, it will help with time saving and bothersome inconvenience related to mobile payment such as having to wait for confirmation of payment on the concerned devices.
The bank says the technology will make QR service more popular and reliable among its merchants and believes it will play a crucial role in creating a cashless economy.
Machhapuchchhre Bank (MBL)’s QR voice box service availability
The bank’s QR voice box service will directly benefit QR merchants. At the moment, the bank has made this facility available at NepalPay QR merchants and will be soon expanded to more networks.
MBL says it is keen on introducing newer and more innovative technologies to make digital transactions more trustworthy and straightforward. The bank said that it is prioritizing cashless banking and is taking the initiative to establish itself as a Smart Bank.
Machhapuchchhre Bank Limited is Nepal’s leading class A private commercial bank with 165 branches across the country. Likewise, the bank provides its banking services through 12 extension counters, 130 branchless banking, and 203 ATM outlets. It has over 15 lakh customers across seven provinces.