Saturday, March 11, 2023

HBL, SCT sign deal on smart QR payment

 Kathmandu, Mar. 8

Smart Choice Technologies (SCT) and Himalayan Bank Limited (HBL) have signed an agreement to operate smart QR payment services through mobile banking app HI-MB.

The agreement was signed for the operation of payment service through smart QR, SCT informed in a statement.

With this added service, users of the HI-MB app can easily pay for goods and services at Bhat Bhateni Super Market, Big Mart, Express Mart, Kirana, Big Digital and through the merchants connected to Smart QR.

Similarly, the merchants of Himalayan Bank will also be able to receive payments through the customers of banks and financial institutions that are connected to Smart QR. As payment and transactions are done through financial switch which is issued in EMV standard, making and receiving payment through Smart QR remains easy, safe and reliable.

According to the company, the agreement between the two companies is hoped to augment digital payments in Nepal as a whole.

Published in The Rising Nepal daily on 9 March 2023.

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