Nabil Bank’s Cash Back Scheme On QR Transactions

April 15, 2022 | Investopaper

Nabil Bank has launched a cashback scheme based on QR transactions on the occasion of New Year 2079 BS targeting women and youth QR merchants. The scheme has been launched under the “QR Code: Nabil Bank Digital Promotion for Women and Youth” project in collaboration with the United Nations Capital Development Fund.

The scheme has been launched with the objective of promoting women and young entrepreneurs through digital financial solutions, especially in the aftermath of COVID-19. In this project, youth is defined by the United Nations as a young entrepreneur between the ages of 18 and 24 who owns a business or who is running a business directly.

Under this scheme, which will be initially operated for one week, cashback will be provided up to 5% or maximum of Rs. 200 per transaction of Rs. 500 per merchant. This scheme will be implemented from 1st Baisakh, 2079 BS.

Through this scheme, Nabil Bank aims to bring a large number of new women and young QR merchants into the banking channel, provide them with digital financial solutions and promote sustainable financial transformation.


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