Tuesday May 21, 2024
वि.सं २०८१ जेठ ०८ मङ्गलबार
Global Alliance for Banking on Values European Microfinance Award


  • A QR Code lets merchants accept digital payments instead of cash.
  • It saves time as the payment gets deposited into the bank account.
  • Payment information and statements can be verified on Fonepay Business app.


QR code payment is another medium of electronic payment which enables direct payment to merchants through Mobile Banking App. By scanning a special code placed in the outlets, payment can be made.

The Bank offers QR code payments from various networks that are accepted by many merchants in Nepal.

  • Fonepay
  • Nepal Clearing House Limited [NCHL] – Nepal Pay QR


  • Account in Muktinath Bikas Bank Limited
  • Application for Merchant registration.
  • PAN
  • Citizenship of Account Holder
  • Company Registration Certificate
  • Mobile Number   

*Merchant without PAN and Business registration certificate can be also enrolled but as individual with transaction limit of Rs.5000 per day.