Money
Fonepay hosts 21st Asian Payment Network Forum in Nepal
Representatives from 14 countries meet in Kathmandu to discuss cross-border payment systems and elect new leadership.
Post Report
Fonepay hosted the 21st Asian Payment Network (APN) Forum in Kathmandu on May 6–7, bringing together delegates from 14 member countries to discuss cross-border retail payment initiatives and digital financial cooperation. The event was held at Hilton Hotel, Kathmandu.
The two-day forum included high-level meetings, panel discussions, and the APN Annual General Meeting (AGM), where updates on the APN Charter and cross-border payment projects were reviewed, according to a press release issued by Fonepay.
The delegates also paid a courtesy call on Prime Minister KP Sharma Oli.
During the AGM, BancNet (Philippines) was elected as the new APN chair and Fonepay (Nepal) as vice chair. Fonepay and UnionPay (China) were also elected as Technical Sub-Committee chair and vice chair, respectively. Other appointments included Rintis (Indonesia) and NAPAS (Vietnam) as Business Sub-Committee heads, NITMX (Thailand) and Artajasa (Indonesia) for Risk Sub-Committee, PayNet (Malaysia) as auditor, and NETS (Singapore) as treasurer.
The forum concluded with an Open Day featuring panel discussions on fraud risk, regional integration, and regulatory alignment. Fonepay shared insights from its own regional collaborations, highlighting the importance of secure and interoperable digital payment systems across Asia.