The Hamro Pay digital wallet is now available as a standalone app for smartphone users. The app was first launched as an in-app platform within the Hamro Patro app. However, the company has now rolled out a dedicated app available on Android.
Hamro Patro’s Chief Executive Officer Shankar Uprety confirmed the Hamro Pay app’s availability as a separate app on Google’s Play Store and stated that it will go live on Apple’s Apps Store soon. “Excited to announce the release of our standalone Hamro Pay app! Now you can enjoy the same innovative features from Hamro Patro—like split-and-pay, financial analytics, and request-to-pay—in a dedicated platform focused exclusively on payments,” he said.
The latest move aligns with the company’s broader aim to make Hamro Pay a super app. The company sees the separate app profile as a vital step towards becoming a multi-purpose super app. But also note that the Hamro Pay continues to be available on the Hamro Patro app too.
Since its launch within the Hamro Patro on February 17, 2023, it’s been receiving some monumental updates and features. For e.g., the app with the updated version 2.2.0, has a bank-link feature among other noticeable features. Having already scored hundreds of thousands of users in its beta form, the app is now evolving as a full-fledged platform thanks to a haul of new features.
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Hamro Pay features
The latest noteworthy feature of Hamro Pay is the bank-link facility which allows users to link their bank account to the app for easier financial transactions. The verified users of the Hamro Pay digital wallet can link their Nepal Investment Mega Bank account to the app. Soon, more banks will be added for this feature.
Likewise, the payment app now allows users to scan & pay with QR for more banks. Now, it is possible to use the QR feature and pay through dozens of banks such as Rastriya Banijya Bank (RBB), NIC Asia Bank, Nepal Bank Limited, etc. Further, the company has added a SmartQR option for the payment feature. Prior to this, only NepalPay QR was included in QR Scan & Pay service on the Hamro Pay app.
Originally, Hamro Pay launched with the legacy payment features of a digital wallet while retaining Hamro Patro’s signature feel. Since Hamro Pay is an in-app payment app, users don’t have to download a separate Hamro Patro app. To use the digital wallet, you need to update the Hamro Patro app available on both Android and iOS platforms.
The in-app feature means over millions of users will have access to the digital wallet service. Hamro Patro Inc. director Sudina Gautam stated that the app has been launched with the aim of making Hamro Patro a super app.
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What is Hamro Pay?
Hamro Pay is a digital wallet service integrated into the Hamro Patro calendar app. The company is licensed by Nepal Rastra Bank as a payment service provider (PSP). Like other digital wallets, it offers sincutility payments, fund transfers, top-ups, Scan & Pay powered by Nepal Pay QR, and many other services. If you use the Hamro Patro app, which is highly likely due to its enormous popularity in Nepal, you might already have it available.
You can also update your Hamro Patro app to its latest version to get the Hamro Pay feature. The in-app service comes with some cool features such as the one below:
How to use Hamro Pay?
Hamro Pay is already found on the Hamro Patro native app and to start using it, you need to create an account. Follow the steps below:
- Download the Hamro Pay app on the Play Store or launch the Hamro Patro app.
- Create an account (on the standalone app) or tap on the Hamro Pay icon on Hamro Patro. and sign in to use the app’s features. You can sign up using your Gmail, Facebook, or Twitter account.
- Then tap on Continue.
- The next screen asks for confirmation of your login credentials. If it’s correct, tap on Continue again.
- Now provide your phone number.
- Enter the OTP code or let your phone autofill it. Tap on Verify.
- Now add details such as your full name, email, Date of Birth and choose your gender, and Confirm.
- Your account is now created. Tap on Continue.
- You will need to register your KYC to use all the services.
Hamro Pay Features Summary
Hamro Patro’s digital wallet Hamro Pay is infused with various payment features – some common and some less common. Users get an easy interface and 6 language options. The app has a tracking system that lets users find out their earnings and expenses. Split & Pay allows bill sharing among users. It also allows direct interaction between users and merchants which allows for a more transparent and convincing service and transaction. Here is the summary of the app’s key features for you:
- utility payments (TV and internet bill payment, electricity, etc.)
- in-app purchase
- financial analytics
- request-to-pay
- find latest transactions
- direct chat between users and merchants
- salary payment for corporate
- 6 different language options
- user-friendly user interface
- users can track their earnings and expenses, split & pay (sharing the bills), etc.
Users can also earn 2% cash back on topup.
Hamro Patro says that its digital wallet service is aimed at providing suitable features for both the young and old base of its users.
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Why Hamro Patro delivered a separate Hamro Pay app?
Maybe it’s a strategy at Hamro Patro to bring Hamro Pay as a standalone smartphone app. First, the company launched it within the Hamro Patro interface which gave it exposure to millions of Nepali users. Now, people are familiar with it and its features so, it’s rather safe to have its own independent app. Also, the app can now have its own objectives for its future. So, it seems to be part of a well-thought strategy that lets the app make its own profile and a distinct name in the fintech industry.
Nepal’s digital wallet is largely dominated by eSewa and Khalti. IME Pay and Namaste Pay are also evolving through their ranks. With established wallets already spanning across smartphones and interoperability among them, Hamro Patro’s growing presence in the fintech market is likely to offer a new dimension to the mobile payment industry.
The Hamro Pay app has over 5 lakh users.
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Hamro Pay app Availability
Hamro Pay digital wallet is available as a separate app on Android’s Play Store and within the Hamro Patro app too. Soon, the app will come as an independent platform on Apple’s app store too.
What do you think of Hamro Pay coming as a separate app on Android and iOS platforms? Is it better this way? Do share your opinion in the comments below.
