Daraz Partners with Visa
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Daraz Nepal has been doing a lot to promote online shopping culture. They are working to promote eCommerce in Nepal with various schemes. They organize offers, schemes like Maha Bachat Bazar, and also help sellers with programs like Seller Sahayatri. Daraz usually provides discounts when using online payment options during different offers. They mostly partner with various banks and online wallets. But this time, Daraz partners with Visa to provide discounts to the customers. In this scheme, customers can pay using their Visa card and get a discount. Daraz supports many forms of payments and the online method is now on the rise. Banks, sellers, and reserve banks are advising to use more digital methods and online transactions.

Daraz Visa Partnership and Discount Details

This time Daraz has partnered with Visa for payment and discount. Visa Inc. is an American company and one of the biggest financial institutions. It works with banks to provide credit, debit, and prepaid cards. They handle the transaction, data, and security for all transactions domestic or worldwide. In Nepal, almost all banks have cards from Visa and MasterCard. People get a choice to pick between these when they apply for ATM or Credit cards.

Visa is now working with Daraz to promote online payment technology in Nepal. In this scheme, all Visa card users can get up to 15% discount on the Daraz site while shopping. The maximum amount of discount is Rs 500. It means if you purchase an and pay using a card linked to your account, you can get a maximum Rs 500 off. This is the maximum ceiling available. It is applicable to all types of items. But it is only applicable for the first saved card transaction.

This offer is applicable to all credit, debit (ATM), and prepaid cards issued by Nepali banks. There is no restriction for any banks as long as the card is using Visa technology. It means almost all users can participate and take benefit of the offer. This is a limited time offer. It is only applicable until September 30th, 2020. You can choose any product you like and need from Daraz’s website and app. There are more than 4,50,000 products from 5,000 sellers.

How to purchase and take benefit of discount?

  1. Login to your Daraz account in the mobile app or website.
  2. Add your card information for payment.
  3. Browse through different categories and select the product you like.
  4. Check for all the details and reviews.
  5. Put your desired item in the cart.
  6. Proceed to checkout.
  7. Pre-Pay with the Visa card issued from your bank.

This way you can take the benefit of this discount offer. It can be only used once by a user. This is a collective effort because Daraz is supporting payment instruments of all banks. This is possible due to a bigger partnership with one of the biggest payment processor in the world. Visa actually has both Nepali and USD cards in Nepal. We have also made a comprehensive article on international credit and debit cards in Nepal.

Also Read: Flipkart Products now available in Sastodeal

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Online Payment and Online Shopping Scenario

The trend of online shopping is growing slowly. Still, many people prefer to purchase offline by physically checking products. However, the pandemic situation has forced many to opt for online shopping. People want safety and social distancing. Due to this push, people are now slowly learning about online shopping platforms.

Daraz is also seeing growth in traffic and sale in this period. The shopping trend is seeing growth because many sellers are joining the platform. As offline brick and mortar stores are closed, many sellers are putting their inventory online. It is helping them to increase business and getting discovered,

Many people are now using online wallets and eBanking for digital transactions. Similarly online payment for purchasing products is also growing. People use eBanking, wallets and cards for pre-payment. There is cash on delivery option available as well. But companies and government want to push the economy to cashless and digital. It is slowly taking place and we are seeing a growth in market. Now many people are interested in these things than before.

This new partnership of Daraz and Visa should help to initiate more of such schemes. It is supposed to pull more people on board for online payment and eCommerce. These thing attract new users and creates trust when they are successful. Small incentives, offer and discounts help users to stay on the platform.

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