12th December 2024, Kathmandu
Kumari Bank Limited has announced that UnionPay International (UPI) cards can now be used on its ATM and Point of Sale (POS) terminals across Nepal. This initiative aims to provide customers with an easier, safer, and more modern banking experience.
Kumari Bank Expands Payment Options
Wide Availability
This new feature will be available at all of Kumari Bank’s ATMs and POS terminals nationwide. UnionPay cardholders can now withdraw cash from ATMs and make purchases using POS terminals, enhancing convenience for both customers and merchants.
Supporting Digital Payments
The bank is committed to promoting digital payment systems in Nepal. By integrating UnionPay cards into its network, Kumari Bank is helping expand access to digital banking services and contributing to Nepal’s growing digital economy.
Expanding Services Nationwide
For 23 years, Kumari Bank has been a leading player in the banking sector. The bank operates 302 branches, 315 ATMs, 50 extension counters, and 54 branchless banking units across Nepal. Its focus on financial literacy and modern banking services has been central to its mission.
Customer Benefits
UnionPay cardholders can now use their cards for both ATM withdrawals and POS payments, simplifying transactions. The bank believes this will be advantageous for merchants, helping them attract more customers and streamline payment processes.
Commitment to Digital Nepal
Kumari Bank’s efforts align with its vision of supporting digital Nepal. By embracing innovative payment solutions, the bank continues to provide accessible, convenient, and secure banking services to a wider audience.
Looking Ahead
As Kumari Bank grows its digital offerings, it remains committed to improving its services and contributing to the country’s digital transformation. The introduction of UnionPay card support is just one of the many steps the bank is taking to make banking more efficient and accessible for all.
For more: Kumari Bank Expands Payment Options
