Nepal Clearing House Limitedโs Nepal Pay QR is now available on all the commercial banksโ mobile banking apps.ย It was notified in a statement by NCHL on Thursday, October 12.
Now, users of any โClass Aโ banksโ customers can scan and pay via the NepalPay QR at merchants. At the same time, users can also use the same service on the mobile banking app of the majority of development banks, PSPs (digital wallets), and the ConnectIPS app.
NCHL has seen this as a major step in establishing interoperability in the NepalPay network. The company expects this to further increase QR transactions.
โ๐๐ฆ๐๐ซ๐๐๐ ๐ฌ๐๐๐ฆ๐ฅ๐๐ฌ๐ฌ ๐๐ง๐ ๐ก๐๐ฌ๐ฌ๐ฅ๐-๐๐ซ๐๐ ๐ญ๐ซ๐๐ง๐ฌ๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐ฐ๐ข๐ญ๐ก #๐๐๐๐๐๐๐๐ ๐๐ as it makes its mark across Nepalโs financial landscape, empowering users to Scan & Pay with ease ๐๐๐ซ๐จ๐ฌ๐ฌ ๐๐ฅ๐ฅ ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐๐ง๐ค๐ฌ, development banks, finance companies, digital wallets, and connectIPS. Welcome the future of payment convenience with NEPALPAY QR,โ NCHL said in a statement.
Nepal Pay QR is part of the National Payment Switchโs NepalQR infrastructure. It offers both merchant and network-level interoperability.
As per the company, over 4 lakh merchants have been added to Nepal Pay QRโs network from various banks and financial institutions (BF/Is). ย ย
To pay via Nepal Pay QR, users need to go to the scan option on their mobile banking app or digital wallet and choose the Nepal Pay logo. Merchants and businesses can get the QR by contacting their BF/Is.
