5th April 2024, Kathmandu
In a significant stride towards digital transformation, Prabhu Bank and Gandaki Taxi Business have allied to promote cashless payment systems.
The partnership aims to streamline financial transactions for taxi drivers affiliated with Gandaki Taxi Business, offering convenient access to funds and enhanced financial management through Prabhu Bank’s mobile app.
Partnership for Cashless Payments
The agreement, formalized on Thursday, underscores Prabhu Bank’s commitment to facilitating seamless electronic payments within the transportation sector. Notably, customers can now effortlessly settle their fares by scanning QR codes provided by Prabhu Bank, thereby eliminating the hassle of carrying cash.
Under the initiative, over 150 taxi drivers associated with Gandaki Taxi Business have been equipped with QR codes, debit cards, and comprehensive digital literacy materials by Prabhu Bank.
Furthermore, plans are underway to extend this facility to an additional 350 drivers shortly, fostering broader adoption of cashless transactions.
The signing ceremony, attended by key representatives from Prabhu Bank, Gandaki Taxi Business, and FonePay, marks a pivotal moment in promoting financial inclusivity and embracing technological innovation.
With tailored awareness materials and digital product demonstrations, Prabhu Bank is empowering taxi drivers to embrace digital payment solutions effectively.
Driving Nepal’s Digital Transformation
This strategic collaboration not only enhances convenience for commuters but also underscores the collective efforts toward a cashless economy.
As Prabhu Bank continues to spearhead initiatives aimed at fostering financial literacy and digital empowerment, this partnership sets a precedent for the integration of technology within traditional sectors, driving Nepal’s journey towards prosperity and technological advancement.
