NIC ASIA Bank begins QR code based payment system; adopts major leap in electronic payment technology

NIC ASIA Bank has started QR code based payment system for the users of its mobile banking service. The interested customers can avail the service by installing NIC ASIA mobile banking app in their smart phones who are then required to make payment by scanning the QR codes provided by different merchants which is available in the Mo Pay feature of the mobile app.

The bank is currently providing range of banking services from its 234 branches, 224 ATM outlets, 14 extension counters and 16 branchless banking units throughout the nation.