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PrabhuPAY reaches an agreement with Fonepay, Customers of PrabhuPAY can pay now using the Fonepay QR code

PrabhuPAY reaches an agreement with Fonepay, Customers of PrabhuPAY can pay now using the Fonepay QR code

There has been a growing trend of establishing interdependence between digital business organizations in recent days in Nepal. In this regard, Fonepay Payment Service Limited, Nepal's leading payment system operator, and PrabhuPAY, owned by Prabhu Technology, have entered into a partnership. The information about interconnectedness was presented during a program held today.

PrabhuPAY has now joined the Fonepay network as a result of this collaboration. Customers of PrabhuPAY will now be able to pay quickly and easily using the Fonepay QR code. This type of collaboration is expected to be a huge step forward for Nepal's digital economy.

Diwas Sapkota, Deputy Chief Executive Officer of Fonepay, spoke at the event and said, "For a long time, we have emphasized the importance of interconnection. We're all fighting for money in the company. The collaboration will help us achieve our shared goal of creating a cash-free economy. Other payment service providers are also welcome to join our network." "Thank you all for your cooperation Fonepay," PrabhuPAY's Chief Executive Officer Biki Shahi said. We need to move forward with a variety of collaborations for digital business.

Fonepay, which was founded two years ago with the goal of creating a Digital Nepal, now has over 570,000 merchants. Fonepay has been used by more than 15 million bank and financial institution mobile banking users, as well as payment service providers. 60 banks and financial institutions have joined the Fonepay network in the last two years. Fonepay is a Payment Card Industry Data Security Standards (PCIDSSv3.2.1) certified organization with a world-renowned data security standard.

PrabhuPAY, which is a part of the Prabhu Group, has recently promoted digital business. The company currently has over 700,000 customers. Services such as mobile and TV recharge, air tickets, movie tickets, and other digital payments and money exchange can all be done through PrabhuPAY.

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