FonePay’s new record, 51 billion more transactions in a single month

Kathmandu. The payment system operator FonePay Services Limited’s network had a turnover of over Rs 51 billion in January alone.

According to the company, the total turnover from the 4.4 million transactions through the FonePay network during the month of December was over Rs 51 billion.

Using FonePay’s network, users can transact through QR code payments, interbank money transfers, and various online merchant payments.

After completing the figure of over half a trillion, FonePay on Monday thanked FonePay member banks, financial institutions, and digital wallets for their supportive role in fulfilling the common goal of building a digital Nepal.

By mentioning the mobile number of the person receiving money in any bank through FonePay, Rs. Money can be sent easily in 10 days.

Also, the merchant can get free QR and there is no charge when the customer pays.

You can easily send money by going to the ‘send money option in the mobile app of any bank or financial institution affiliated with the FonePay network and clicking on FonePay Direct.