During the 2024 Global Fintech Fest in Mumbai, FOCUSONE Payment Solutions Pvt. Ltd. launched Mastercard acceptance in the MOCO Unified QR Network in collaboration with Mastercard and Nepal Tourism Board. This Unified QR Code is Nepal’s first cross-border, cross-currency payment mode that now accepts payments from six national and international payment networks like Alipay+, NEPALPAY, SmartQR, UnionPay International, Visa, and now Mastercard.
Mastercard also signed an MOU with Nepal Tourism Board during the 3-day long fest to promote Nepal tourism. In an effort to promote Nepal tourism MOCO, Mastercard, and Nepal Tourism Board will collectively curate exclusive experiences and special offers for Mastercard’s global cardholders visiting Nepal.
During the launch event, Mr. Pranaya Rajbhandari, CEO and Co-Founder of FOCUSONE said, “Through our innovative product, we want to connect local merchants in Nepal to a global customer base.”
Speaking at the event, Ms. Nandani Lahe Thapa, Officiating CEO at Nepal Tourism Board, expressed her excitement for this innovative partnership, “The partnership with Mastercard will promote Nepal’s rich history, cultural diversity, and abundant tourism opportunities to a global Mastercard audience.”