Muktinath Bikas Bank Partners with Nepal Clearing House to Enable International Payments via Nepal Pay QR

Thu, Dec 5, 2024 11:42 AM on Latest, Corporate,

Muktinath Bikas Bank Limited and Nepal Clearing House Limited have partnered to enable international payments through Alipay Plus on Muktinath Bank's Nepal Pay QR and interoperable merchant QR.

This allows tourists from countries like China, Singapore, Malaysia, and more to make seamless digital payments in Nepal, enhancing convenience and reducing the need to carry cash.

The service is expected to boost Nepal’s economic and tourism sectors. Additionally, the bank offers discounts for fund withdrawals under the VISA Network and has launched the Muktinath Benefits App for added digital convenience.

The Muktinath Mutual Fund, Nepal's first collective investment fund, will be available starting Mangsir 20.