Dear MOCO Merchants,
Effective December 18 (Poush 3), Wednesday, we are adjusting the settlement time for NEPALPAY transactions for the MOCO Unified QR Code. Settlements will now occur thrice daily: from 10:15 AM, 12:45 PM, and 3:45 PM, to ensure faster and more efficient transactions.
The new settlement schedule will be as follows:
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Merchant Settlement Time Effective: 18 December 2024 |
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| Days | Session 1 (10:15 AM onwards) | Session 2 (12:45 PM onwards) | Session 3 (3:45 PM onwards) |
| Sunday-Thursday | NEPALPAY (3:00 PM to 12:00 AM of the previous day) | Visa (T+2)
Alipay+ (T+1) UnionPay (T+1) NEPALPAY (12:00 AM to 12:00 PM of the same day) |
NEPALPAY (12:00 PM to 3:00 PM of the same day) |
| Days | Session 1 (10:15 AM onwards) | Session 2 (11:45 AM onwards) |
| Friday | NEPALPAY (3:00 PM to 12:00 AM of the previous day) | Visa (T+2)
Alipay+ (T+1) UnionPay (T+1) NEPALPAY (12:00 AM to 11:00 AM of the same day) |
All Settlements impacted by public holidays and transactions performed on Saturdays will be settled in the first session of the next working day.