January 11: Kumari Bank Limited has signed an agreement for collaboration with IME Pay Wallet.  Now, customers of IME Pay can link their IME Pay Wallet with their bank accounts at Kumari Bank, thereby enabling them to seamlessly transfer funds from their bank accounts to the wallet and vice-versa.

The bank’s customers will also be able to avail recharge, payment, wallet-based small value money transfer services along with a myriad of other online and offsite QR code based IME Pay services, reads a joint statement issued by the companies.

IME Digital Solution Limited, which developed and introduced mobile money service “IME Pay” received the Payment Service Provider (PSP) license from Nepal Rastra Bank in June, 2017.