Merchant Acquisition For QR Payment By The Bank

14 March 2020, Kathmandu 

Nepal SBI Bank has entered into an agreement with Fonepay Payment Service Limited for merchant acquisition by the Bank for QR Payment.

On behalf of Nepal SBI Bank Ltd. Mr. Subhakanta Kanungo, Chief Operating Officer & Dy. CEO has signed the agreement and Mr. Adwait Ratna Tuladhar, Chief Executive Officer has represented from Fonepay Payment Service Limited in presence of Mr. Anukool Bhatnagar, Managing Director & CEO and Mr. Chhapi Raj Pant, Chief Business Development Officer at Corporate Office, Kesharmal, Nepal SBI Bank Ltd.

With the onboarding of the QR merchant, customers can acquire, receive QR and make payments to a merchant by scanning its QR code using their mobile banking service.

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Mina Aryal is a Nepali tech journalist and media expert. She is currently the chief editor of ICT Frame, a leading online tech media outlet in Nepal that covers topics such as technology, business, and entrepreneurship. Aryal has been involved in the field of tech journalism for over a decade and has covered various topics such as internet governance, cybersecurity, e-commerce, and startup ecosystems. She has also been involved in organizing and promoting tech events in Nepal to bring together tech enthusiasts, entrepreneurs, and investors to discuss and collaborate on various topics related to the tech industry. Aryal is considered one of the most influential tech journalists in Nepal and has been recognized for her contributions to the field.

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