4 Years of Khalti in Nepal: A Journey of Innovative Ideas and Convenient Services

Khalti, as the name resembles, is an easy-to-use digital wallet of Nepal which has completed its wonderful journey of innovative ideas and convenient services in fintech. Launched on 26th January 2007, it has grown to capture a significant space in the field of digital payments in the financial sphere of the country. As Khalti in Nepal turns 4 today, looking back to the days of its struggle to the state it is now seems exhilarating.

4 Years of Khalti in Nepal:

A product developed by Sparrow Pay Private Limited under the well renowned tech company Janaki Technology Private Limited, Khalti is the 5th digital wallet and payment gateway to be licensed by Nepal Rastra Bank. Currently it has a record of more than a million downloads from Google Playstore. Having above 40 banking partners, 8000+ POS and agents, it has emerged as a popular digital wallet in a few years of time because of the rigorous efforts and innovative ideas of its team.

With a team of highly motivated, talented and ambitious risk takers, Khalti has left no stone unturned to become a trusted mobile wallet with its wide range of services as:

Mobile Top-up and recharge
Utility payments
Insurance payments
Movie and Flight tickets
Credit card payments, EMI, online shopping
E-learning kits and event payments
Bank link services
Bank and Cooperative transfer
Online voting

Apart from these services, Khalti stands out among its other counterparts as the first digital wallet to launch the following schemes and offers:

Hotel booking
Movie ticketing including seat selection
SmartChhori: in-app learning and task platform

Not only that, it has started its own campaign “Khalti ko Kura” to educate people in using its services. Similarly, another innovative service is that one can simply load an amount in it through their ATM card, without any use of mobile banking or internet banking. Moreover, it has an Open Source API for Payment Gateway, which means anyone can test Khalti integration without consulting them. In addition to that, its Refer & Earn Campaign and Khalti Quiz Campaign have been so popular that it is getting ahead of its fellow competitors day by day.

Well, getting ahead in both creating innovative ideas to attract its customers and contributing through various CSR activities, Khalti has won many prestigious national and international awards of its domain. Winning the United Nations MSME Fintech Innovation fund along with partnering with various international companies and institutions like UK’s Department for International Development (DFID), the U.S Agency for International Development (USAID) and the Australian Department of Foreign Affairs & Trade (DFAT), it has been continuously getting ahead towards attaining its vision to touch the lives of every Nepalese by bringing access to finance at their fingertips.