Fonepay Business vs Namaste Pay Usage & Stats

Fonepay Business App: Where Payments Meet Possibilities! The Fonepay Business App is a mobile application tailored for merchants and businesses to seamlessly manage all their digital payment transactions on a single platform. Designed for Fonepay network partners, the app empowers merchants with enhanced control and visibility over their digital payments. Key features include viewing payment details, initiating refunds, generating dynamic and static QR codes, facilitating contactless payments, and accepting payments from customer-presented QR codes. Additionally, the app offers comprehensive transaction details and a host of other valuable features to streamline payment management for businesses. Why Fonepay Business? · Instant Gratification: Cha-ching! Hear that sweet sound? That’s your real-time payment notification, ensuring you and your customers are always in the loop—fast and fabulous! · Dynamic QR Codes: No more fumbling for cash or cards. Generate sleek, unique QR codes for each transaction, or flash your all-powerful static QR code like the boss you are. · Effortless Account Management: Your empire at your fingertips! Check your balance, browse through your transaction history, and view detailed statements—all in just a few swipes. · Tailored Settlements: Set it and forget it. Customize your settlement settings to match your cash flow needs, because your business runs on your terms. · Easy Refunds: Need to issue a refund? No problem! Create refunds quickly and easily right from the app, making customer service a breeze. How to accept payment with Fonepay? Simply open the app, create a dynamic QR for each sale, or flaunt your static QR code. Your customers just scan, pay, and voilà—money in the bank, faster than you can say “digital transformation.” Joining the Fonepay Family: Ready to level up? Registering as a Fonepay merchant is as easy as 1, 2, 3. Download the app, fill out the "Know Your Merchant" form, and let your acquirer bank do the rest. Once you're approved, you’ll be all set to accept payments like a pro.

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Namaste Pay

Namaste Pay is a new mobile wallet in Nepal brought by Nepal Digital Payments Company (NDPC). NDPC is a joint endeavor between Nepal Telecom and Rastriya Banijya Bank, the leading public enterprises of Nepal in telecom and banking sector respectively. The Namaste Pay wallet service shall work over various channels including smart phone applications, USSD and web portal. Initially, the wallet shall provide cash-in, cash-out, peer-to-peer transfers and a few utilities including telecom recharge, electricity bill payment and water bill payment. More services including the following shall be added in forthcoming releases: Bank Account Integration: Option of over 9+ banks and growing. For loading money to wallet or sending money from the wallet to bank account. Cash-In: Load your wallet directly through mobile banking, debit card/credit card or through our authorized agent. Cash-Out: Quick transfer the wallet money to your bank account or convert your wallet balance to cash in your pocket through nearby agent. Wallet to wallet transfer: Now you can send money fast and easy to other wallets. It's never been easier to send/receive money to friends and family. Utilities Payment: Telecom service top-up or internet bill payment in just few clicks. Pay bills for other utility services such as Water, Electricity, DTH etc. right from your mobile so why stand in queue. More services shall be added in the coming days. Merchant Payments: Pay various online and offline merchants. Book movie tickets, flight tickets, bus tickets. Pay for medical services. Eat out at restaurants, buy groceries, do shopping or even pay for cup of tea. Namaste Pay shall be accepted in thousands of shops and outlets across Nepal. Government Payment: Paying taxes and fees to government or receiving allowances from government, all made hassle free and quick like never before. Educational Institute: Pay school, college, university and professional institutions' fees instantly without any hurdle.