Daraz, NEPS partner up to promote card prepayment

KATHMANDU: Daraz, Nepal’s leading online marketplace, has signed an agreement with Nepal Electronic Payment Systems (NEPS) to promote prepayment while shopping at Daraz. Daraz has taken initiative to encourage customers who prefer to pay for their order with cash on delivery to prepayment. NEPS and Daraz are encouraging the use of debit and credit cards on the online shopping platform. The agreement was signed between Arun Phuyal, Head of Digital Payment and Partnership, Daraz Nepal, and Pabindra Rajbhandari, CBO, NEPS. “We are excited and hopeful about our partnership with NEPS to encourage customers to opt for more digital payment methods while using a digital shopping platform to help the Nepali e-commerce ecosystem reach new heights,” Phuyal said. Daraz has been fostering relationships and payment partnerships with various banks and digital wallets in an effort to encourage customers to use digital financial transactions. Daraz has partnered with numerous banks, allowing customers to avail of special discounts while making payments through those specific banks on designated working days. Customers will be able to use daily bank discount vouchers while checking out their order on the Daraz App and selecting the option to pay via the Bank of the Day’s debit or credit card. The collected vouchers will be automatically applied during checkout. READ ALSO:

• Daraz holds first annual 'Daraz Summit'
• Kuwar becomes first female MD of Daraz Nepal
• Daraz unveils new brand look in its next phase of growth