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Nepal Pay QR on all mobile banking apps of commercial banks

Nepal Clearing House Limited’s Nepal Pay QR is now available on all the commercial banks’ mobile banking apps. It was notified in a statement by NCHL on Thursday, October 12.

Now, users of any “Class A” banks’ 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.

“𝐄𝐦𝐛𝐫𝐚𝐜𝐞 𝐬𝐞𝐚𝐦𝐥𝐞𝐬𝐬 𝐚𝐧𝐝 𝐡𝐚𝐬𝐬𝐥𝐞-𝐟𝐫𝐞𝐞 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬 𝐰𝐢𝐭𝐡 #𝐍𝐄𝐏𝐀𝐋𝐏𝐀𝐘 𝐐𝐑 as it makes its mark across Nepal’s financial landscape, empowering users to Scan & Pay with ease 𝐚𝐜𝐫𝐨𝐬𝐬 𝐚𝐥𝐥 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐛𝐚𝐧𝐤𝐬, development banks, finance companies, digital wallets, and connectIPS. Welcome the future of payment convenience with NEPALPAY QR,” NCHL said in a statement.

Nepal Pay QR is part of the National Payment Switch’s NepalQR infrastructure. It offers both merchant and network-level interoperability.

As per the company, over 4 lakh merchants have been added to Nepal Pay QR’s network from various banks and financial institutions (BF/Is).   

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.

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