Muktinath Bikas Bank Limited Launches International QR Payment Service

Fri, Jul 19, 2024 7:21 AM on Latest, Corporate,

Muktinath Bikas Bank Limited has introduced an international QR payment service to enhance digital payments in collaboration with PhonePe.

This service allows Indian customers to make digital payments by scanning QR codes at merchants associated with Muktinath Bikas Bank using Indian payment services like BHIM and PhonePe.

This initiative aims to ease cash transactions for Indian tourists, strengthen economic and mutual relations between Nepal and India, and support Nepal's economic and tourism development.

Additionally, the bank offers services such as prepaid dollar cards, mobile banking, QR codes, online loan applications, online account opening, internet banking, remittance deposits, and miss-call banking to promote digital transactions, all accessible remotely without visiting the bank branch.