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30th July 2023, Kathmandu

NIC ASIA Bank, a leading financial institution in Nepal, has taken a step forward in digital payment innovations with the launch of its Smart Audio Alert Device.

This cutting-edge device aims to provide instant audio notifications to QR merchants upon receiving QR payments from their customers.

In collaboration with the Central Depository System and Clearing Limited (CDSC), the bank’s QR merchants can now experience real-time audio alerts in addition to the conventional email and SMS notifications, as stated in their official media release.

With the deployment of this new technology, QR merchants can stay informed about successful transactions without relying solely on visual notifications. The audio alerts will allow them to efficiently manage their payment receipts and provide a seamless payment experience to customers.

NIC ASIA Bank’s extensive network of 360 branches, 546 ATM outlets, 65 branchless banking units, and 111 extension counters will all be equipped with the Smart Audio Alert Device, ensuring widespread access and adoption of this innovative payment solution.

Speaking on the occasion, [Name of Bank Official] from NIC ASIA Bank expressed enthusiasm for this new venture, emphasizing the bank’s commitment to embracing technology for the betterment of customer experiences. The official also highlighted the potential impact of this device on streamlining merchant operations and driving digital payment adoption in the country.

This move comes as part of the bank’s ongoing efforts to promote cashless transactions and digitize Nepal’s payment landscape.

By leveraging the power of smart audio technology, NIC ASIA Bank aims to empower its QR merchants and contribute to the nation’s journey toward a more digital and financially inclusive future.

Merchants interested in adopting the Smart Audio Alert Device can inquire at their nearest NIC ASIA Bank branch or contact the bank’s customer support for further information.

About NIC ASIA Bank:

NIC ASIA Bank emerged as a prominent player in Nepal’s banking sector. The bank is dedicated to offering innovative financial products and services, catering to the diverse needs of its wide customer base across the country. With a strong focus on digitalization and customer-centric solutions, NIC ASIA Bank continues to lead the way in transforming Nepal’s banking industry.

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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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