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Prabhu Bank Recognized for Excellence in Electronic Payments: A Game-Changer in Nepal’s Banking Industry

Prabhu Bank Recognized Excellence
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23 September 2024, Kathmandu

Prabhu Bank Ltd., known for its aggressive expansion in electronic payment services, has been honored at the Visa Leadership Conclave Nepal 2024 with two prestigious awards.

Prabhu Bank Recognized For Excellence

The bank received recognition in the categories of Excellence in Visa Consumer Debit Card Business and Excellence in Product Innovation. These awards celebrate Prabhu Bank’s outstanding contributions to the Visa network and its innovation in launching the Prabhu Visa Business Debit Card.

The first award, Excellence in Visa Consumer Debit Card Business, was granted for Prabhu Bank’s exceptional performance in the Visa affiliate membership category. The second, Excellence in Product Innovation, acknowledges the launch of the Prabhu Visa Business Debit Card, which offers cutting-edge features and solutions tailored to the needs of business clients.

Prabhu Visa Business Debit Card: A Game-Changer in Electronic Payments

Prabhu Bank’s Visa Business Debit Card is a groundbreaking tool designed for secure and seamless electronic payments in business transactions. This innovative card service caters to account holders of Prabhu Bank who maintain a current account, providing them with enhanced debit card functionalities.

Specifically targeted toward businesses, this service is ideal for corporate entities, trading firms, companies, educational institutions, hotels, restaurants, and hospitals. These organizations, which frequently make large and small payments to merchants, suppliers, and service providers, will greatly benefit from the secure and efficient electronic payment system offered by the Prabhu Visa Business Debit Card.

Prabhu Bank believes that the Visa Business Debit Card will not only streamline business transactions but also contribute to greater transparency and ease of business promotion.

Expanding Reach and Innovation

Prabhu Bank continues to solidify its position as a leading bank in Nepal, recently earning the prestigious title of “Bank of the Year 2023”. With 315 branches, 286 ATMs, and 69 extension counters across the country, Prabhu Bank serves over 3.1 million customers, providing top-notch banking and financial services under the slogan “We Earn Trust, We Give Trust”. The bank is committed to utilizing advanced technologies to deliver quality services and stay competitive in the market.

In addition to its Visa-related accolades, Prabhu Bank has also been awarded the Finacle Infosys Innovation Gold Award 2024, further emphasizing its dedication to innovation and excellence in the banking industry.

Conclusion

Prabhu Bank’s recognition at the Visa Leadership Conclave Nepal 2024 underscores its commitment to driving innovation in electronic payment services. The introduction of the Prabhu Visa Business Debit Card positions the bank as a leader in providing efficient, secure, and transparent business banking solutions. As the bank continues to grow and embrace new technologies, it remains at the forefront of Nepal’s banking and financial services landscape.

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