Fonepoints Pvt. Ltd. and Fonepay Payment Services Ltd. Collaborate to Transform Loyalty Program Management

Fonepoints Pvt. Ltd., a leader in loyalty program management, and Fonepay Payment Services Ltd., Nepal's largest payment network licensed by Nepal Rastra Bank, are thrilled to announce a strategic partnership set to transform loyalty program services in Nepal.

Effective January 24, 2024, the Memorandum of Understanding (MOU) marks the beginning of a collaborative venture between Fonepoints and Fonepay. In this partnership, Fonepay becomes a crucial participant in the Fonepoints ecosystem, acting as a dedicated loyalty partner. In return, Fonepoints will provide comprehensive services, including the administration, management, and redemption of loyalty points and rewards for Fonepay users.