KUMARI BANK – MOBILE CASH

‘Kumari Mobile Cash’, a revolutionary concept in Nepal was launched by The Kumari Bank Ltd. in partnership with Leapfrog Technology, a US based software Company. Under this scheme, users can deposit and withdraw money using their cell phone. It also facilitates transfer of funds from one account to another among Kumari Bank account holders. Similarly, one can send money via Kumari Bank’s branches or through its authorized agents. Kumari Mobile Cash also helps in payment of utility bills such as telephone, electricity and water in addition to re-charging pre-paid mobile phones. Increasing efforts are being made to reach the bottom of pyramid in Nepal. People who wish to use Kumari Mobile Cash have to register their mobile number and deposit the desired amount.

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