KATHMANDU, DECEMBER 6
The Mega Bank Nepal Limited has joined hands with MOCO, a digital wallet launched by FOCUSEONE Payment Solutions, a licensed Payment Service Provider with Nepal Rastra Bank (NRB).
The Bank's account holders can now directly add their debit/credit cards on MOCO Digital wallet without the need to load funds. The process is simple and doesn't require any additional costs.
"Through MOCO digital wallet, users have the freedom to select any card added into their wallet. In short, MOCO digital wallet acts as a shared hub for multiple bank cards and users can simply scan to make a payment. It eradicates the requirement of loading balance every time while performing a transaction," CEO of Mega Bank Nepal Limited, Anupama Khunjeli said.
Besides that, MOCO Digital wallet users can also enjoy the benefit of unified QR payment. With this feature MOCO Digital Wallet users and Mega Bank Card users can just scan and pay from multiple digital platforms including but not limited to Alipay, Nepal Pay, UnionPay, and VISA, the statement issued by the bank states.
MOCO users will also receive reward points for every transaction. Accumulated reward points can later be used to redeem attractive gift hampers and vouchers through MOCO's collaborators and partners.
According to Bishwa Singh, Head Digital & eBanking, Mega Bank account holders can now rejoice the benefits of MOCO Digital Wallet.
"For new users, MOCO is a completely different kind of wallet designed by keeping convenience and security in mind. The app is equipped with a secure back-end system, which is one of the most sophisticated and it complies with the latest Payment Card Industry Data Security Standard (PCI DSS)"
MOCO app is available for download on Google play and app store.