Bank of Kathmandu initiates QR code-based payment at  Machhapokhari Agro Market in Kathmandu; shoppers in fruit and vegetable stores can now make easy digital payment for their purchases

Bank of Kathmandu has initiated QR code-based payment system at Machhapokhari Agro Market in Kathmandu where shoppers can now simply scan the QR code of the bank using their MoBanking service to pay for their purchases of agro products.

After the new arrangement, different fruit and vegetable stores in the agro market have started accepting QR code-based payment for their products right to their bank accounts via MoBanking and digital wallet services, as per the media statement.

Director of Nepal Rastra Bank payments department Mr. Bhuwan Kandel, CEO of the Bank Mr. Shovan Dev Pant, Deputy ED of Kalimati market board Mr. Arjun Aryal has jointly kickstarted the new service at the agro market amid a program, as per the media statement.

The bank currently serves its customers via its 90 branches, 78 ATM outlets, and 10 extension counters in its network.