Suyog Shrestha, CEO of Shangrila Development Bank and Dhruba Adhikari, Director of Khalti, signed a MoU at the bank’s head office at Baluwatar on June 20. This alliance will enable Shangrila Development Bank customers to load their Khalti accounts via the bank’s mobile banking app, internet banking service, and counter deposit vouchers and make payment for various goods and services on the go via Khalti’s mobile app and web service.
Speaking about the agreement, Shangrila’s CEO Suyog Shrestha shared, “With the advancement of technologies, we are enhancing our banking system to serve our customers better. With this tie-up with Khalti, our customers can make their everyday payments from their smartphone using Khalti. Now, we feel we have headed one step closer to making transactions digital in Nepal.”
Likewise, Khalti’s Director Dhruba Adhikari shared, “We are glad to partner with Shangrila Development Bank. Now, Shangrila Development Bank users need not withdraw cash to pay for goods and services. They can simply pay via Khalti. The initiative would help consumers go cashless in payments and facilitate hassle-free transactions.”