As a paperless system of making payment, Kamana Sewa Bikas Bank offers an alternative to the traditional systems, a payment via QR Code scanning through Mobile. QR payment systems have the advantage of enabling transactions to be processed quickly and more cheaply and also offer a much more convenient method of effecting settlement of transactions.
KSBBL offers merchant enrollment in QR payment services offered by Fonepay and WeChat-UnionPay for different business entities.
QR payments are anticipated to be one of the most sought-after payment solutions in near future. The Fonepay QR Codes issued by KSBBL can be used for accepting payments from eSewa and mobile banking applications of more than 58 different banks and financial institutions, while WeChat-UnionPay QR Codes can be used for accepting international payments from WeChat application and domestic payments from Khalti and IME Pay.