Koili-Instant Payment Voice Notification Terminal at Nepal-Myanmar Trade Event

6th June 2024, Kathmandu

In a significant stride towards global fintech innovation, BitsKraft Pvt. Ltd., headquartered in Kathmandu, unveiled its latest creation, the “Koili-Instant Payment Voice Notification Terminal,” at the Nepal-Myanmar Trade Relationship event.

This showcase, focusing on Nepali fintech software, was organized by the Nepal Embassy in Myanmar and served as a platform to highlight the burgeoning technological collaboration between the two nations.

The “Koili-Instant Payment Voice Notification Terminal” is a state-of-the-art device designed to instantly confirm QR code payments. Upon scanning a QR code linked to a participating bank, the device provides an immediate voice notification confirming the transaction.

The event in Myanmar drew significant attention from fintech professionals, business leaders, and government representatives from both Nepal and Myanmar.

Demonstrations of the Koili IPN Terminal showcased its intuitive design and practical application, emphasizing its potential to reduce transaction errors and enhance payment security. With the rising popularity of QR payments in both countries, the Koili terminal addresses a crucial need for reliable and real-time payment verification.

BitsKraft Revolutionary Koili-Instant Payment

Mr. Arun Khatri, CEO of BitsKraft Pvt. Ltd., expressed his excitement about the product’s debut on an international stage. “We are proud to introduce the Koili-Instant Payment Voice Notification Terminal. This innovation exemplifies our commitment to enhancing digital payment security and efficiency.”

The Nepal-Myanmar Trade Relationship event provided an ideal setting for this groundbreaking launch. The event underscored the importance of fintech solutions in facilitating cross-border trade and economic cooperation.

Representatives from the Nepal Embassy in Myanmar highlighted the role of technology in driving economic development and strengthening bilateral ties between the two nations.

BitsKraft Pvt. Ltd. continues to lead the way in developing innovative fintech solutions tailored to emerging markets’ needs. The Koili-Instant Payment Voice Notification Terminal is expected to be a game-changer in both Nepal and Myanmar, enhancing the digital payment experience for millions of users.

As the fintech landscape rapidly evolves, BitsKraft Pvt. Ltd. remains dedicated to delivering cutting-edge technologies that address real-world challenges.

The successful showcase of the Koili terminal in Myanmar marks a significant milestone in the company’s journey from local innovation to global impact, reinforcing its position at the forefront of the digital payment revolution.

For more information, see BitsKraft Revolutionary Koili-Instant Payment