Author: Radha Sapkota

It has already been a year since NCHL has got the license for operating National Payment Switch. For interoperable digital payment that integrates most of the major payment platforms like wallets, QR, and payment cards, National Payment Switch is the most awaited system for Nepal. As we know, Nepal Clearing House Limited (NCHL) is the payment system operator for the NPS in Nepal. NCHL was planning to launch this system this October. However, it was postponed for a time period. Finally, it has got the final approval from NRB to operate the first phase of Retail Payments under the National…

It has been a few days since Daraz’s 11.11 sale which caught the headlines among the e-commerce businesses. These annual and timely offers and sales from various e-commerce and other businesses appear time and again. Also, corporates compete to attract more customers with various offers and discounts on the festive seasons. In addition to that, various digital wallets and banks have been providing cash backs on digital payments. The corporates also tie-up with these PSPs and banks to provide cash backs and discounts to the customers under various schemes. However, most of these plans and schemes are commonplace now. So,…

NMB Bank has launched an AI-driven video KYC service in Nepal for the first time in the banking industry. From now on, the customers of NMB Bank can open a bank account in just 5 minutes by simply attending a video call. They can open a new bank account online from anywhere inside or outside the country through just a video call. This system is supported by AI where all the documents that the customer shows to the screen during a video call are verified directly. It means, now you do not need to be present to the bank to…

Standard Chartered Bank Nepal (SCBN) has recently updated a new feature in its mobile banking app. On the collaboration of FonePay, SCBN has integrated the load eSewa function in the SC Mobile Nepal app. After numerous requests from the customers and reviewers, SCBN has finally added this feature. Now you can load your eSewa account directly from this mobile banking app. Before that, SCBN customers had limited options for making online payments from this bank. Just on this May 2021 SCBN was live on connectIPs where you could transfer funds to other banks from your account in this bank. Similarly,…

Daraz’s flagship mega offer “11.11 Sale” is approaching near. This is the biggest one-day sale by Daraz where they are offering 5 Crore worth of discounts on 11 lakh products. So, in this mega offer, you will have a variety of discounts, sales, and more exciting offers than the previous year. How much are you excited about this day? 11 Lucky Winners will get TVS Raider Motorcycles! Not only that, you can participate in the one-rupee game to win exciting prizes. All you need is just pay Re 1 through their card or digital wallets eSewa or IMEPay for the…

If you are wondering where to buy genuine and original digital products and gadgets online, let me guide you through it. Among many of the e-commerce platforms, Analogue Mall is a new one with its own niche in the market. It is an e-commerce platform dedicated to delivering gadgets and electronic devices in Nepal. With its own e-commerce website and physical store, Analogue Mall is delivering numerous digital products of different brands since 2020 in Nepal. As this e-commerce company turns one today, Analogue Mall is introducing exciting Anniversary offers to delight its customers. It has a series of one-year…

Nepal Electronic Payment Systems Ltd. (NePS) has started a new service where you can use cards directly through your mobile banking apps. NePS has already set up the API for this web service. With this technology, now one can get access to their cards directly through their mobile banking app. It would reduce the use of physical cards, thereby reducing the hassle to carry those cards everywhere. This unique feature will enable the users to manage their cards like debit/credit cards directly from their mobile banking app. Also, the banks can pass on the power to their customers for managing…

The Kathmandu Metropolitan City (KMC) has started the facility for paying taxes from their bank accounts through connectIPS. It means, now you can pay your taxes to the metropolitan city through digital payment systems. For this facility, Kathmandu Metropolitan City has partnered with connectIPS through Nabil Bank. Along with this facility, the taxpayer will be able to pay the property tax, land tax, business tax, restoration tax, etc. And all these payments can be made in the comfort of staying at home. As a result, this facility will relieve the taxpayers as they will no longer have to go to…

CellPay wallet has introduced a delightful offer for its customers this festive season. On the occasion of Tihar, this Fintech app is giving a cash back up to Rs 2500 on any purchase with CellPay Kart. CellPay Kart is an online store under CellPay where you can find electronic items and gadgets like phones, wearable smart watches, tabs and other accessories. CellPay has brought this offer targeting the customers who would like to gift these types of products to their loved ones. On CellPay Super Tihar sale offer, one can get up to 5% cash back while buying from CellPay…

Now the customers of Bhatbhateni Supermarket have got an easy method of payment on the purchase of goods there. On the 28th of October 2021, this renowned supermarket in collaboration with Prabhu Bank has joined the FonePay network by adding QR code-based payment services. From now on, you can pay directly through a QR code by scanning it from a display board placed in the payment points or POS terminals. On Thursday, Governor Maha Prasad Adhikari inaugurated this service in BBSM. He had initiated QR payments personally in a vegetable market in Naxal on December 5, 2020. A huge relief…