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In a significant move towards enhancing cross-border financial transactions, 10 countries, including China and Malaysia, have now gained the ability to make payments directly through Nepal Pay's QR code. This step is expected to facilitate international payments for tourists and foreign residents in Nepal, making their financial dealings easier and more seamless.
Nepal Pay, developed by the Nepal Clearing House, has made considerable strides in boosting digital payment options both locally and internationally. Through partnerships with different payment systems in these ten countries, users can now easily scan the Nepal Pay QR and complete their transactions in Nepal without needing to convert currencies manually or rely on traditional banking channels.
The list of ten countries includes China, Malaysia, India, and several others where digital payments are widely used. This advancement is expected to boost tourism and improve the overall user experience for international visitors by providing a reliable and convenient method for financial transactions while in Nepal.