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Wednesday, October 20, 2021
    Tech and AutoFintechMoco launches 'scan to pay' service

    Moco launches ‘scan to pay’ service

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    In conjunction with the Nepal Investment Bank, FocusOne Payment Solutions and Visa introduced the R6;Scan to Pay’ for the first time in the country.

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    FocusOne Payment Solutions is a payment company licenced by the Nepal Rastra Bank to provide payment processing services. On Thursday, Moco, a mobile digital wallet, was launched by the company.

    Moco Digital Wallet is a game-changing innovation in online payments, made possible by a with world-renowned Visa on digital payments. Users can effortlessly attach their Visa card details to their phone with this application.

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    By scanning the QR code displayed on the screen, a retailer can begin accepting payment for a transaction.

    Nepal Investment Bank Ltd. Visa card holders will now be able to link their debit or credit cards to the Moco app, allowing to purchase and use a variety of services such as telecommunication top-up, internet access, and utility bill payments.

    In order to take advantage of this service, the customer does need to reload the balance in their digital wallet on a regular basis.

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