Kathmandu– CityPAY joins Fonepay as Nepal’s premier payment system operator officially welcomes the digital wallet as the 10th integrated partner into its comprehensive ecosystem. This CityPAY joins Fonepay strategic partnership marks a significant milestone in strengthening Nepal’s digital payment infrastructure and advancing financial inclusion across the country.

CityPAY Fonepay Integration: Expanding Digital Payment Access

Through this CityPAY Fonepay partnership, CityPAY wallet users gain immediate access to Fonepay’s nationwide interoperable QR network, enabling seamless payments at over 1.7 million merchant outlets throughout Nepal. This integration represents a crucial step in building Nepal’s cashless economy and providing enhanced financial services to millions of users.

Key Benefits of CityPAY Fonepay Integration:

• Access to 1.7M+ merchant outlets across Nepal
• Seamless QR code payments through Fonepay network
• Enhanced financial inclusion for remittance beneficiaries
• Secure and instant digital transactions nationwide
• Interoperable payment solutions with 60+ financial institutions

CityPAY Joins Fonepay Fonepay : Building Nepal’s Digital Payment Infrastructure

Fonepay currently connects over 60 banks and financial institutions alongside a growing portfolio of digital wallet partners, facilitating secure and instant digital transactions for millions of users across Nepal. The addition of CityPAY as the 10th digital wallet partner reinforces Fonepay’s leadership in advancing financial inclusion and promoting cashless transactions.

Fonepay Network Statistics:

• 60+ connected banks and financial institutions
• 10 integrated digital wallet partners (including CityPAY)
• 1.7+ million merchant acceptance points
• Millions of active users nationwide
• First licensed Payment System Operator by Nepal Rastra Bank

Industry Leadership Perspectives on CityPAY Joins Fonepay

Mr. Diwas Kumar, CEO of Fonepay, emphasized the partnership’s significance: “Welcoming CityPAY into our ecosystem is a landmark step in our journey. Every new integration makes the network stronger, more inclusive, and more valuable for the people of Nepal. Our mission is not only to connect wallets and banks but to empower every individual and business to experience the true convenience and trust of digital payments.”

Mr. Binay Regmi, CEO of CityPAY, highlighted the partnership’s impact: “This partnership is more than just about technology – it’s about empowering millions of remittance beneficiaries. Together, Fonepay and CityPAY will enable millions of users and merchants to transact effortlessly, securely and instantly. This integration ensures customers enjoy smooth, reliable payment experiences throughout the country.”

CityPAY Samsung TV Giveaway Campaign: Celebrating Fonepay Integration

To commemorate this significant CityPAY Fonepay collaboration, CityPAY has launched an exciting special festive campaign for valued customers performing QR transactions through the Fonepay network.

Campaign Details (September 2 – November 2, 2025):

• Two Samsung Brand TVs awarded to lucky winners
• Automatic entry for all CityPAY users transacting via Fonepay QR
• Monthly winner announcements throughout campaign period
• Additional rewards: 20 reward points per QR transaction above NPR 500

CityPAY Reward Points Program:

CityPAY has allocated 20 reward points for each QR transaction exceeding NPR 500 until further notice. These reward points can be converted to cash or kind according to company policy, providing additional value for active users.

Nepal’s Digital Payment Evolution: The Role of Strategic Partnerships

The CityPAY Fonepay integration underscores the growing importance of collaboration in building robust digital payment ecosystems. As Nepal accelerates toward a cashless economy, partnerships like this play crucial roles in:

• Driving payment innovation across financial services
• Ensuring interoperability between different platforms
• Delivering financial services to wider populations
• Supporting financial inclusion initiatives nationwide

About Fonepay: Nepal’s Leading Payment System Operator

Fonepay operates as Nepal’s premier Payment System Operator, facilitating inter-bank person-to-person (P2P) and person-to-merchant (P2M) transactions through its interoperable network and mobile platforms. Regulated by Nepal Rastra Bank (NRB), Fonepay was the first mobile payment network licensed as a Payment System Operator (PSO) in Nepal.

Fonepay Services Include:

• Interbank fund transfers between participating financial institutions
• QR-based merchant payments across 1.7M+ outlets
• Mobile banking integration with 60+ banks
• Digital wallet connectivity with multiple providers
• Secure payment processing infrastructure

About CityPAY: Innovative Digital Wallet Solutions for Nepal

CityPAY represents an innovative digital wallet application in Nepal, providing comprehensive financial services for individuals and agents. The platform’s value proposition focuses on making digital transactions simpler, faster, and more secure while linking remittances with local digital commerce – addressing high demand from Nepal’s large migrant worker population.

CityPAY Key Features:

• Comprehensive digital wallet functionality
• Remittance integration with City Express Money Transfer
• Bill payment services for everyday needs
• Secure money transfers from abroad
• User-friendly interface designed for Nepal’s market

As a wholly-owned subsidiary of City Express Money Transfer, Nepal’s leading remittance company licensed by Nepal Rastra Bank, CityPAY ensures secure, reliable, and user-friendly digital transactions for diverse everyday needs.

CityPAY Joins Fonepay Network and Market Impact of CityPAY Fonepay Integration

This strategic partnership positions both companies to capitalize on Nepal’s growing digital payment adoption. The integration enables:

For CityPAY Users:

• Expanded merchant acceptance at 1.7M+ locations
• Enhanced payment convenience nationwide
• Improved transaction security through Fonepay infrastructure
• Access to reward programs and promotional campaigns

For Fonepay Network:

• Strengthened market position with 10th wallet integration
• Increased transaction volume through CityPAY user base
• Enhanced network value for existing partners
• Accelerated digital payment adoption across Nepal

Nepal’s Cashless Economy Development

The CityPAY Fonepay partnership aligns with Nepal’s broader digital transformation goals, supporting government initiatives to promote cashless transactions and financial inclusion. This collaboration contributes to:

• Reduced dependency on cash transactions
• Improved financial accessibility in rural areas
• Enhanced economic transparency through digital records
• Strengthened payment infrastructure for businesses

Future Prospects for Digital Payments in Nepal

As Nepal continues advancing toward comprehensive digital payment adoption, partnerships between established operators like Fonepay and innovative solutions like CityPAY will prove essential for:

• Expanding financial services to underserved populations
• Improving payment efficiency for businesses and consumers
• Supporting economic growth through digital infrastructure
• Enhancing financial security across all transaction types

The successful integration of CityPAY into the Fonepay network demonstrates the power of collaborative approaches in building sustainable, inclusive financial ecosystems that serve Nepal’s diverse population needs.