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EBL signs agreement

Author: Himalayan News Service Category: Expedition November 29, 2022 Everest, Nepal

Everest Bank Ltd (EBL) has inked an agreement with SmartChoice Technologies Ltd (SCT) to bring Smart QR into operation targeting customers making digital transactions.

KATHMANDU:Everest Bank Ltd (EBL) has inked an agreement with SmartChoice Technologies Ltd (SCT) to bring Smart QR into operation targeting customers making digital transactions. As per a press statement, EBL customers using EBL Touch 24 mobile banking app of the bank will be able to make payment for purchase of any commodity or service through Smart QR. Central Bank Digital Currency (CBDC): A new paradigm The agreement was signed by SCT Chief Executive Officer Narayan Prakash Bhuju and EBL Deputy CEO Vijay Kumar Sharma on behalf of their respective organisations. A version of this article appears in the print on November 29, 2022, of The Himalayan Times.

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Risk Level: Low

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