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Business merchants will be charged service charges while receiving payments using virtual credit cards through EBL PhonePe QR

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Kathmandu. Business merchants will have to pay service charges while receiving payments using virtual credit cards through EBL PhonePe QR.

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According to TAG_OPEN_p_3 the bank, customers receiving payments of more than Rs. 2,000 on EBL PhonePe Merchant QR using virtual credit cards issued through PhonePe network with effect from Shrawan 10 will be charged service charges as per the merchant discount rate fixed by the PhonePe network and the bank.

Merchant customer TAG_OPEN_p_2 s using EBL PhonePe QR service are requested to contact the nearest branch office or customer care center if they do not want to continue this service.

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