Acceptability of CORPORATEPAY increases; Transaction reaches over NRs 55 Billion in this fiscal year – |

CORPORATEPAY system has been able to process landmark transactions of more than NRs 55 Billion in this fiscal year. The system has been in operation as a business payments platform for the institutional customers of the member bank and financial institutions with a specific focus on small & mid-size enterprises and institutions. The acceptance of the CORPORATEPAY system has considerably increased, as it is now available from more than 48 BFIs with almost 2,600 institutional customers of the BFIs have been using the system for their business payments.

The institutional customers of the BFIs are using CORPORATEPAY system mainly for fund transfer, salary payments, vendor or party payments, and government payments….