Fonepay partners with EPF to facilitate digital loan payments
myrepublica.nagariknetwork.com · Mon Sep 30 10:48:00 UTC 2024
Fonepay partners with EPF to facilitate digital loan payments
LALITPUR, Sept 30: Fonepay Payment Service Ltd and the Employee Provident Fund (EPF) have announced partnership to facilitate API-based Host-to-Host (H2H) payments. This integration connects the ERP system operated by the EPF to Fonepay’s payment rails for B2B, B2G, and B2C corporate payments. Additionally, this arrangement will enable the EPF to collect receivables from loans through Fonepay’s interoperable biller platform.
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