Agreement between Namaste Pay and Fonepay regarding QR payments

Agreement between Namaste Pay and Fonepay regarding QR payments

June 28, 2023

On Wednesday, 28th June 2023, an agreement regarding QR payment has been signed between Namaste Pay and Fonepay. Pravin Raj Pokharel, Chief Executive Officer of Namaste Pay and Diwas Kumar Sapkota, Chief Executive Officer of Fonepay signed the agreement in the presence of representatives from both organizations and media personnel.

With the agreement, Namaste Pay users can now make QR payments through the Fone Pay network at more than 1.2 million Fonepay merchants across Nepal. Both the CEOs of Namaste Pay and Fonepay expressed their delight at the cooperation between the two fintech companies.

Namaste Pay CEO Prabin Raj Pokharel said, “We are extremely happy to join hands with Fonepay and enable Namaste Pay users with access to Fonepay merchants throughout the country. Both the users of Namaste Pay and Fonepay can take the benefit of other services as well with this partnership. We also look forward to making our customers’ digital journey smooth with our innovations and value-added services”

Likewise, Fonepay CEO Diwas Kumar Sapkota said, “We are delighted to welcome Namaste Pay into our growing payment ecosystem. This partnership aligns with our vision to provide a comprehensive digital payment experience to our users. By integrating Namaste Pay, we offer our customers a wider range of payment options and foster a more inclusive financial ecosystem.”

The partnership between Namaste Pay and Fonepay allows users to make instant and secure mobile payments through the secure payment channel of the former.