Kathmandu : Upaya CityCargo, in collaboration with Kumari Bank, launched a QR code payment system for Upaya CityCargo’s driver-partners today.
Launched in the presence of key market actors that are promoting Nepal’s transition to a digital economy, such as F1Soft, UKaid Skills for Employment program, Nepal Rastra Bank, and others, the event called for stronger collaborative actions to accelerate the movement to a digital Nepal, build digital literacy, and expedite job creation.
Upaya CityCargo and Kumari Bank’s partnership, with support from UKaid Seep, will enable driver-partners to conduct transactions using QR code; this enables them to enter the formal economy and use cashless transactions on a day-to-day basis. Bikash Dongol, 26, one of the driver-partners of Upaya CityCargo said, “after joining Upaya CityCargo, two years ago, I have already done upto 600 trips.I have had significant growth in my income, and also have access to insurance and digital payment service via Kumari Bank.The digital payment system has made transactions with clients more convenient.”
Upaya CityCargo is implementing a digital literacy program for its two-wheeler and four-wheeler driver-partners with support from UKaid Seep. Seep and Upaya City Cargo’s partnership targets returnee migrant workers, women, and other socioeconomically disadvantaged groups. Upaya CityCargo has a strategic alliance with Sipradi Trading Ltd. and Kumari Bank Ltd. to provide driver-partners access to vehicles on a concessional financing basis. With Seep’s support, Upaya CityCargo has entered the two-wheeler market and has expanded its services to Butwal, Bhairawa, and Pokhara.