Kathmandu, Dec. 25
Use of Quick Response (QR) code payment
has been launched at the Naxal Vegetable and Fruit Market since Friday.
Governor of the Nepal Rastra Bank (NRB) Maha
Prasad Adhikari inaugurated the news technology-enabled payment system at the
market with a purchase of vegetable and scanning QR code for the payment.
“The central bank will expand this
facility across the country as a campaign. It will contribute to making the
entire economy technology-friendly,” he said.
He said that the service would promote
cashless payments and help in economic and social transformation of the
country. According to him, the payment through QR code scan is increased in
recent months and has witnessed about 30 per cent increment in such
transactions each month.
The NRB is ready to promote and
facilitate the QR code-based transactions so the banks and financial
institutions should make preparations for it, he said.
President of Nepal Bankers Association
Bhuwan Dahal said that the BFIs were elated with the campaign for QR code based
payments and were ready to collaborate with the central bank in the promotion
and expansion of the service.
Chair of the Naxal Vegetable and Fruit
Market Management Committee Bishnu Sapkota stated that the market had entered
into technology-friendly environment with the application of QR code.
The QR code based payment in the market is
launched in cooperation with Sanima Bank.
Published in The Rising Nepal daily on 26 December 2020.
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