Visa introduced its new digital payment service ‘Visa Accept’ at the Visa Leadership Conclave Nepal 2025, enabling small and home-based businesses to accept payments via mobile devices without POS machines.
Visa hosted the Visa Leadership Conclave Nepal 2025 in Kathmandu on 2082 Mangsir 10, unveiling its new digital payment solution, Visa Accept. The event was held at the Marriott Hotel, with participation from over 200 representatives, including banks, fintech companies, merchants, and payment processors. Nepal Rastra Bank’s Deputy Governor Bam Bahadur Mishra and Executive Director Dr. Satyendra Timilsina attended the event as special guests.
The Visa Accept service is specifically designed for SMEs, turning mobile phones into a tool to receive digital payments. Merchants can accept payments via mobile banking apps or payment links without needing expensive POS machines or complex paperwork.Visa emphasizes that this service will help new entrepreneurs, especially women and micro-businesses, integrate into the formal economy.
Officials including Subbir Ahmed (Country Manager for Bangladesh, Nepal, and Bhutan), Ramkrishnan Gopalan (Head of Product, South Asia), and Manoj Thapa (Head of Business, Nepal) expressed confidence that Visa Accept will play a significant role in expanding Nepal’s digital payment ecosystem.
During the conclave, Visa recognized 13 institutions across 20 categories based on achievements in 2024–2025. Award categories included: Debit and credit card services, Fintech partnerships, Cross-border payments, Contactless solutions, Merchant services. Visa reaffirmed its commitment to developing a secure, simple, and inclusive digital payment environment in Nepal.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
