Mahalaxmi Bikas Bank Launches Cross-Border QR Payment Service with UnionPay
Summary
Mahalaxmi Bikas Bank has launched a cross-border QR payment service with UnionPay for tourists in Nepal, enhancing digital payment convenience and security.
Key Points
- Mahalaxmi Bikas Bank launched a cross-border QR payment service in partnership with UnionPay International.
- UnionPay wallet users can now pay at Mahalaxmi Bikas Bank's PhonePe QR merchants across Nepal.
- The service targets tourists, especially from China, to facilitate hassle-free digital payments.
- Mahalaxmi Bikas Bank announced a lucky draw scheme for 'Mahalaxmi Smart Sathi' app users performing transactions in Baisakh.
- The bank serves over 850,000 customers through 103 branches and aims to promote secure digital banking.
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