Author: Radha Sapkota

Amidst the increasing economic dependence of Nepal on other countries and continuously degrading credibility for FDI, ease of doing business, and the share of productive sectors to the GDP, a summit of four-panel discussions was held at Everest Hotel on May 23. Make in Nepal Swadeshi Summit 2022 was organized by the Confederation of Nepalese Industries (CNI) in partnership with Kantipur Media Group where various politicians, business persons, policymakers, bureaucrats, and economists participated in panel discussions on four different topics that centered on the SWOT analysis of the productive sectors of the country and way forward to promote “Make in…

SmartChoice Technologies (SCT) and CellPay have joined hands to operate QR payments. SCT is the Payment Systems Operator (PSO) licensed by Nepal Rastra Bank and CellPay is a Payment System Provider (PSP). These two entities have signed an agreement to provide the QR payments of Smart Choice Technologies (SCT) from CellPay. Recently, this agreement was made in a formal program held on the premises of the head office of SmartChoice Technologies (SCT) at Gairidhara, Kathmandu. The agreement was signed by Mr. Narayan Prakash Bhuju, CEO of SCT, and Mr. Sarthak Chhetri, CEO of CellPay. According to the agreement, the users…

Gone are the days of having hassle to make payments to the government units and offices by the beneficiaries. The Government of Nepal is adopting digital payments in a wider range now, making both payout and revenue collection easier than before. Government of Nepal has taken an initiative to expand the implementation of digital payments through an integrated and automated e-payment of the transactions related to payouts and revenue collection. With the successful rollout of the payout (G2B and G2C) transactions, the GoN has also adopted e-payment for revenue collection. For that, it has been bolstering the development of payment…

Payment Nepal (Gateway Payment Service) has signed a partnership agreement with Nabil Bank for the implementation of UPI in Nepal. United Payments Interface(UPI) is a system developed by the National Payments Corporation of India (NPCI) to facilitate digital payments. In February 2022, Gateway Payment Service partnered with the Indian Company NPCI to introduce a UPI-based payment service in Nepal for cross-border digital payments. Payment Nepal is a payment platform of Gateway Payment Service Pvt. Ltd. that is introducing this service as “UPI Nepal”. To know more about UPI and its features, you can read our previous article here. Gateway PaymentService…

Secure fund transfer is a rising concern for the digital economy these days. Digital payments are on the rise nowadays. Non-cash payments and settlements have even surpassed the country’s GDP. In this scenario, the number of people using digital payments also increases day by day. Making payments from PSPs, PSOs, mobile banking systems, internet banking, and digital wallets are getting popular. While all of these are trending in Nepal, making secure payments is still in an improving state since various financial scams take place time and again. When the users do not become aware during an online money transfer, they…

Now you can renew your health insurance policy from connectIPS easily. It will end the hassle of visiting your insurance company to renew the insurance policy. The Health Insurance Board has made it possible for the insured to pay for their insurance renewal online. This service was inaugurated recently by State Minister Bhavani Prasad Khapungju in the presence of the Chairperson of the Health Insurance Board Senendra Raj Upreti. Under this, insurers can now make online payments for the renewal or premium payments through their own bank financial institution account from connectIPS. This service is facilitated by NCHL through connectIPS…

Link bank account in connectIPS and get a chance to win Rs 100 in your linked account. connectIPS has brought this New Year to offer where you can get Rs 100 credited to your linked bank account once you have linked it to connectIPS by self-verification or through the bank. connectIPS has already started its “New Year New User Offer” from the 1st of Baisakh 2079 and this offer campaign will end on the 31st of Baisakh. Also, get a chance to win a mountain flight ticket for couples by linking your bank account Not only that but also 11…

Ingrails Pvt. Ltd. (Veda) has won the National ICT Award 2022 (Private Sector) for its contribution to technology in Nepal by linking the education and tech sectors. The award was presented by the Ministry of Communication and Information Technology on the occasion of the National ICT day on May 2. The Government celebrates May 2nd as the National Information and Communication Technology Day. As a part of this occasion, the Ministry has awarded Ingrails (Veda) with this award to recognize the product’s contribution to the implementation of technology in the country. The company’s flagship product, Veda, has been helping schools…

Puryau On-Demand Delivery is getting a backlash from many people all over social media since the company is alleged to have been swiping off the money of the sellers outsourcing their deliveries through it. Puryau On-Demand Delivery (registered name- Puryau Services Pvt. Ltd.) has been providing deliveries to various e-commerce businesses and vendors along with handling their Cash on Delivery (COD) while making payments. However, it has been some weeks that this company is not in sight of the vendors to pay the COD amount that it has collected from the customers after delivery. A lot of e-commerce owners and…

CodeFest 2022 has been concluded with the completion of the final round of Nepal’s biggest hackathon in Kathmandu on April 30. This is the biggest hackathon in Nepal as it has happened for the first time in Nepal in all 7 provinces. Code for Change, the organizer of this competition has intended to build a technological solution for any of the selected 7 SDGs viz. SDG 3,4,5,9,11,13, and 16, by the students pursuing Bachelors in technology in Nepal. 90 teams with 350+ participants from all over Nepal took part in the event. Out of the 90 registered teams, 8 selected…