Khalti has now partnered with Foodmandu as the Director of Khalti, Mr. Amit Agrawal and Founder and CEO of Foodmandu, Mr. Manohar Adhikari signed the partnership agreement on December 27, 2018, Thursday.
This collaboration is made to facilitate users to make digital payments for food ordered online through Foodmandu app and website.
Regarding the partnership, Khalti’s director Mr. Amit Agrawal said,
“With this tie-up, our customers, especially those who love ordering food online will have the unique advantage of making cashless payment through their mobile phone.
“Nepal’s payment ecosystem is in the midst of a shift toward digital. We are seeing a surge in demand for online purchases as more people are feeling at ease paying for products and services via digital channels. And, at Khalti, we are continuously evolving and innovating towards building a hassle-free digital payment ecosystem.”
He also went on to say that the strategic partnership with Foodmandu will be instrumental in helping them push use cases that consumers are interested in. And consider this tie-up as another step towards digital and cashless Nepal.
Similarly, Founder and CEO of Foodmandu also commented on the partnership,
“We are glad to be partnering with Khalti and make its digital payment facility available to all our customers. Now, Foodmandu customers will not have to solely depend on physical cash for making payment. With digital payments via Khalti, we expect to get rid of problems associated with Cash-On-Delivery. “With this partnership, Foodmandu customers will be able to order their favorite food from 300+ restaurants in Kathmandu and pay using the Khalti app.”
E-commerce system and online shopping practices are in rapid growth in Nepal but digital payments are yet to take off as most people still seem to choose cash on delivery for e-commerce payments not just because people are skeptical about the products and services but also because of the inefficient digital payment systems, currently in practice.
So, this partnership can be taken as a good leap forward towards shifting the payment system from cash-on-delivery to digital method.
Also, this partnership for digital payment for online food delivery holds a great significance at a time the government has just started receiving revenue and all forms of taxes online in Nepal. Thus, it might push the adoption of digital payment in Nepal.
As part of the partnership launch offer, Foodmandu users will get 5% cashback from Khalti on each payment. And, there will other offers as well on digital payment through Khalti to users in the future.