MOCO’s open-loop, unified QR code, the first of its kind, is a groundbreaking innovation in the field of cross-border and cross-currency transactions within Nepal. This pioneering solution facilitates the acceptance of payments from both domestic and international payment networks through a single QR code, streamlining financial interactions across diverse platforms.
Alipay+, a leading cross-border mobile payment solution connecting over 1.5 billion consumers globally facilitates payments from 25+ mobile banking apps and digital wallets, primarily from Southeast Asia, including Alipay. With Alipay+ integration into the MOCO Unified QR, merchants can now directly accept payments from major mobile banking apps and digital wallets of most Southeast Asian tourists.
Mastercard, one of the largest payment networks, serves over 2.3 billion cardholders in over 200+ countries. Mastercard cardholders in Nepal can now load their card to the MOCO app to make QR payments at the merchant’s ¨nified QR code with the Mastercard tag on.
NEPALPAY network, part of the National Payment Switch, mandated by Nepal Rastra Bank (NRB), includes all national banking and financial institutions along with various digital wallets. NEPALPAY-affiliated BFIs and digital wallets can scan the MOCO Unified QR code using their mobile banking apps or digital wallets.
Smart QR, a national QR Switching Platform, enables smooth transactions across various payment systems in the country, like IME Pay, PrabhuPay, QPay, and Khalti, among others. SmartQR users can scan the MOCO Unified QR code via their digital wallet to make payments
With over 200 million users worldwide, UnionPay International provides secure cross-border payment services to the world’s largest cardholder base. UnionPay users can now effortlessly execute transactions by scanning MOCO’s unified QR code.
Visa is a leading global payment network with over 4.1 billion cards distributed in 200+ countries. MOCO offers Visa debit/credit cardholders a seamless payment method via its app, making transactions easy. Visa cardholders can scan MOCO Unified QR codes at MOCO-affiliated merchants using the MOCO app.
Manage your business with the MOCO Merchant Portal System. The Portal provides a single, centralized platform where users can easily manage various aspects of their business.
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