Fonepay invites banks and PSPs to partner with its payment network in Nepal
Terms
Payment methods
Geography
Details
Requirements
- Bank, PSP, wallet or other payment organisation
- Licensed and KYB-ready
What we offer
- Access to Nepal's digital payment network
- Existing international links include UPI, Alipay and UnionPay
Fonepay, a digital payment network from Nepal, invites payment providers and other organisations, including banks and PSPs, to partner with it. The network links banks, PSPs and wallets and supports merchant payment acceptance.
What the network does - digital payments within Nepal; - connections between banks, PSPs and wallets; - payment acceptance at merchants.
International links Fonepay is building international interconnections. Logos of existing links with UPI, Alipay and UnionPay appear on the website; these are live partnerships, not new requests by country. Which further jurisdictions the network is looking at is not specified.
Who it suits Banks and PSPs that want their clients to pay in Nepal, or to accept payments from Nepali wallets and banks. This is relevant, for example, for services catering to tourists and cross-border trade with Nepal. No volume is named; partners go through KYB and confirm their licences.
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