Lalitpur. Phone Pay, Nepal’s leading payment operator, has added PayNep Private Limited (Moru Digital Wallet) to its network. Moru Digital Wallet is connected to the Phone Pay network, so QR payment transactions can now be done easily from Moru Digital Wallet.
Divas Sapkota, Chief Executive Officer of PhonePay and Shrish Paudel, Chief Executive Officer of Moru Digital Wallet, signed the agreement in the presence of representatives and media persons of Phone Pay and Moru Digital Wallet.
According to the company, with this interoperability, all Moru Digital Wallet users will be able to easily make affordable, convenient and secure QR payments at nearly fourteen million merchant stores across Nepal now on the Phone Pay network.
Speaking at the event, Diwas Kumar Sapkota, Chief Executive Officer of Phone Pay said,
“We are delighted to welcome Moru Digital Wallet to our growing payment ecosystem. This partnership reflects our vision to continue to provide our users with a comprehensive digital payment experience. By integrating the Moru Digital Wallet into our network, we have further expanded the financial ecosystem by providing our customers with a variety of payment options.
Expressing happiness at the ceremony, Moru Digital Wallet Chief Executive Officer Shreesh Paudel said, ‘We are very happy to reach out to Moru Digital Wallet users among the 1.4 million businessmen across the country who are currently on the Phone Pay network by associating with Phone Pay. Users can also benefit from other Phone Pay services with this partnership. By embracing and adding new types of services, we are constantly moving forward to make our customers’ digital journey even easier.
About Phonepay:
Phone Pay, Nepal’s largest payment service licensed and regulated by Nepal Rastra Bank (Nepal Rashtra Bank).
is a system administrator. A subsidiary of YF.One Soft Group, is a 27001 2022 certified company. Phone Pay has been making active efforts to contribute to the cashless economy by providing fast, safe and reliable digital cashless payment services to bank and wallet customers as well as businesses.
Phone pay, through the use of technology to widen the reach of the payment system, achieving greater operational efficiency
Focused on bringing new innovations to the mobile payment network.
For more information: https://fonepay.com
For media enquiries: marketing@fonepay.com
About the Moru Digital Wallet:
Pay Nep Private Limited (Moru Digital Wallet) has come into existence as the sixth payment service provider in Nepal after receiving an operating license from Nepal Rastra Bank on 15 srawman 2076 with the aim of building an integrated integrated service. Our services aim to bring usable financial solutions to the hands of all Nepalese people of any cultural, regional and educational background.
Learn more about Moru Digital Wallet: https://moru.com.np/