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QR Offer

Offer:

The merchants enrolled during the campaign period shall be rewarded with a specified cash amount as outlined below:

Condition

Cash Reward

Merchant Performing

Period

By Bank  

By Fonepay 

Total

One transaction with transaction value of Rs. 100 or more From the merchant approval date to 45 days 50 - 50
Additional two unique transactions with transaction value of NPR 100 or more for each transaction (Static QR) From the merchant approval date to 90 days 50 100 150
Additional two unique transactions with transaction value of NPR 100 or more for each transaction (Dynamic QR) From the merchant approval date to 90 days 50 150 200
5 unique transactions per month for consecutive 3 months From the merchant approval date to 31st Ashad, 2078 - 100 100


Campaign Period:

Falgun 7, 2077 to Baisakh 31, 2078


Definition of Terms:

  • Merchant: Any business entity that avails QR code (static or dynamic) facility from Siddhartha Bank
  • Active Merchant: The merchant accepting minimum 3 transactions in 3 month (Campaign period).
  • Static QR: Same QR code in any form (standee, image, etc) for all transactions
  • Dynamic QR: Separate QR code for individual transaction generated by merchant for each transaction digitally through Fonepay merchant app or web portal
  • Unique Transaction: The transaction performed by different accounts


Terms & Conditions

  • Transactions have to be performed within Falgun 7, 2077 to Baisakh 31, 2078 (both date included)
  • The campaign has been jointly organized in coordination with Fonepay and the campaign modality can be changed by the bank if deemed necessary.


Distribution of Reward

  • The distribution of the reward to the merchants shall be done in the first week of each Nepali month.


As of April 20, 2021 04:58:42

Currency Unit Buying Selling
Cash Other
GBP 1 165.55 166.38 168.38
USD 1 118.9 119.5 120.1
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