The lockdown has cultivated the habit of online shopping in Nepal. And along with that, there has been a massive surge in cashless transactions. Most of the prominent e-commerce platforms have integrated various digital wallets in their site to facilitate cashless purchases. For instance, earlier this year, we saw the partnership between Daraz Nepal and eSewa. And now, the company has striked-up a partnership with Visa. The partnership between Daraz Nepal and Visa aims to drive forward online card payments in Nepal.
Daraz is undoubtedly one of the leading e-commerce platforms in Nepal. Therefore, it wants to offer an easy and hassle-free shopping experience to its customers. By incorporating eSewa in its electronic payment mediums, it had already taken a step in that direction. And this partnership with Visa will only add to that cause.
What does the partnership mean?
The integration with Visa means that customers will now be able to save their Visa Card on the Daraz app. It can be a Credit, Debit, or a Prepaid Card that has been issued in Nepal. Now, as an initial offer, customers will get a 15% discount (max Rs. 500) if they make a prepayment from their Visa Card. The offer is similar to the one we had seen when the partnership between Daraz and eSewa had commenced. However, this offer can be used only once and on your first saved card. The offer is valid till September 30, 2020, only.
I’m certain that this partnership between Daraz Nepal and Visa will be appreciated by many. By adding another secure and convenient payment method they are certainly facilitating our shopping experience. Moreover, this sort of integration is necessary to further promote the adoption of online payment in Nepal. Furthermore, the lockdown is here to stay for the foreseeable future. And the integration of Visa Card payment in Daraz will help to maintain the rules of social distancing and less touch.