Fonepay is Nepal’s largest payment network licensed and regulated by Nepal Rastra Bank as a Payment System Operator (PSO). Fonepay connects Banking and Financial Institutions, Digital Wallets, Consumers, and Merchants in its interoperable network and facilitates various Person-to-Person (P2P) and Person-to-Merchant (P2M) payments and offers other services aligning with instant, easy and convenient money movement. This interoperable network connects over 60+ partners with over 20mn + registered customers and 1.2mn + merchants in Nepal.

Fonepay facilitates real-time payments through mobile banking apps, QR code technology, and its extensive network of partner banks and merchants. Fonepay QR is EMV compliant, which is the most widely accepted standard for QR payments. With interoperability at its core, the platform ensures that users can transact effortlessly, regardless of their bank or payment service provider.

Committed to innovation, Fonepay empowers businesses to grow by offering reliable and efficient payment solutions while providing consumers with the convenience of secure, cashless transactions anytime, anywhere. Fonepay has quickluy emerged as a key player in the Nepali digital payment ecosystem, paving the way for a more modern and inclusive financial landscape.