Nepal Rastra Bank Issues Unified QR Payment Guidelines 2026: Mandating Zero-Cost Digital Merchant Adoption for Rural MSMEs and Streamlining Cross-Border UPI Transactions

In a transformative move toward cashless financial inclusion, Nepal Rastra Bank announced comprehensive Unified QR Guidelines on Wednesday, eliminating merchant fees for micro-enterprises, enforcing interoperability between domestic payment switches, and expanding bilateral cross-border QR settlements.