03 March 2020, Kathmandu
Khalti Digital Wallet has signed an agreement with City Express Money Transfer to provide online money transfer services to its users across Nepal. Amit Agrawal, Director of Khalti and Chandra Tandan, Managing Director of City Express signed a partnership agreement amidst a ceremony at City Express’s head office in Kamaladi, Kathmandu.
With this partnership, Khalti users can easily transfer money online to their friends & relatives across Nepal using Khalti in a few clicks on their phone. Khalti’s remittance feature helps to find a convenient location among 7500 plus City Express Money Transfer agents across Nepal, & check the remit status of the amount they sent. After the successful transfer, a PIN is generated automatically & sent to the recipient’s mobile number through SMS. Recipients can visit the specific City Express agent and show the PIN to collect money.
Speaking about the agreement for domestic money transfer service, Khalti’s Director Agrawal shared,
“We are in rapid expansion mode of remittance service in Khalti’s platform. We are glad to sign this MoU with City Express to enable our customers to transfer money directly from their wallet to any corner over Nepal. With this collaboration, Khalti has taken another step ahead towards its mission of simplifying people’s lives with digital financial services. We will be adding many more remittance companies to our platform soon.”
Similarly, Chandra Tandan, Managing Director of City Express Money Transfer shared,
“We are glad to know that a renowned fintech company like Khalti has started money transfer service on its platform. We are glad to partner with Khalti and provide our domestic remittance service to its users across Nepal.”
Started in 2007, City Express is one of the most renowned remittance service providers in Nepal. The company has a wide & dependable distribution network of over 7500+ payout locations throughout Nepal. City Express provides hassle-free transactions where customers can send or receive money in minutes. Its vision is to be the leading money transfer brand in Nepal & payment solutions.
Likewise, started in January 2017, Khalti is an emerging mobile payment solution in Nepal. It provides several utility bill payment services, movie ticketing mobile recharge, DTH recharge, domestic flight booking, newspaper subscriptions, event ticketing, hotel booking, & payments at online shopping sites among several other digital payments services. Khalti is a licensed Payment Service supplier from NRB.
