Author: Radha Sapkota

Hi, I am a postgraduate student of Economics, stock market enthusiast, an occasional storyteller and a habitual reader.

The recent hike in the fare price of public vehicles has lately been the talk of the town. Most of the travelers are complaining about having to pay more than the actual rate of fare. The minimum rate of traveling through the public vehicle inside the valley is Rs 18. According to the Ministry of Physical Infrastructures Development, the newly set travel charge by public buses for 5 km is Rs 18 only. However, the majority of the travelers are not getting back refunds from the public vehicles. Once you get on the bus, a tempo, or a microbus, you…

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The biggest “social network” worldwide with over 2.89 billion monthly active users, Facebook is on the brink of changing its brand name. It is renaming in a week, most probably until October 28. The company is planning to rebrand itself with a new name that is not just limited to indicate merely social media. In the past 15 years, Facebook has already acquired 78 companies. At present, its top billion-dollar holdings include Instagram, Whatsapp, and Oculus, a VR company. Why the name change? Is it because of the current backlash? Facebook has been under various scrutiny from the senate in…

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Imagine getting a payment app in your own native language! Well, this is a reality now. SajiloPay, an emerging digital wallet in Nepal is available in more than 10 languages. On the auspicious occasion of Dashain, SajiloPay has introduced multilingual features in its app with amazing offers. With an aim to introduce all the languages of Nepal in its app, it has currently brought 10 languages other than Nepalese and English. There are other 10 local languages that the users can choose accordingly. This digital wallet is available in: MaithiliTharuTamangNewariMagarGurungRaiLimbuSherpaDoteli All of them are native languages of Nepal. Some people…

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As the biggest festival is on our doorsteps, so are our expenses. The trend of waiting for hours at Nepal Rastra Bank to change newly printed notes for Dashain is slowly fading out. The main reason for this is the option of digital payments. Since PSPs and PSOs are competing to provide fund transfers on minimum charges, it could reduce the usage of paper notes. With the same objective, Nepal Clearing House Limited (NCHL) has brought an amazing festive offer. During the festivals of Dashain, Tihar and Chhath, fund transfers through connectIPS are completely free. One can transfer funds from…

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Are you worried about higher fees in bank transfers? Most of the time we think of issuing a check in order to prevent additional bank transfer charges for higher amounts. Now you do not need to carry your check on making bank transfer because Fonepay has come up with an amazing offer for bank transfers. Fonepay Bank Transfer Offer – Transfer any amount at only Rs. 10 FonePay Direct is offering bank transfers of any amount at just Rs 10. You can now perform bank transfers from your mobile banking app to any other bank at this amount, regardless of…

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The launch of a new digital wallet is not a big deal these days. New digital wallets and PSPs are mushrooming in Nepal to compete in the digital payment systems market. However, what makes them different is a matter of concern. Indeed, new fintech products are trying to offer something different and innovative. In this regard, Focusone Payments Solution has launched MOCO digital wallet which has something new for the users. In collaboration with the world’s leader in card payment services- VISA, this company has developed a digital wallet that uses your visa card number instead of loaded funds. Moreover,…

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If you are a customer of Standard Chartered Bank Nepal, this is a huge relief for you. Recently, Standard Chartered Bank’s credit card payment option is live on connectIPS. It means you can now pay for your SCB credit card bills online via connectIPS and get your payments settled in real-time. What is a Real-Time Settlement? Even though the digital wallets served various payment options, the real-time settlement was still limited to few types of payments. In the first phase, digital wallets and other PSOs came up with load options. One had to load funds from banks or agents on…

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Kamana Sewa Bikas Bank Limited has recently launched its digital wallet app named KS Digi. This is the first digital wallet by a development bank in Nepal. The service was inaugurated amid an event by the CEO of the bank, Mr. Praveen Basnet. The app is available in both Google Playstore and App Store. The users can open their KS Digi account without having a bank account. What’s in KS Digi Wallet? This wallet is developed by the joint collaboration of Chhito Connect and Manam Infotech. The wallet offers banking services like: Account openingEasy loan applicationInteroperable QR based paymentsLoading the…

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In the month of June 2021, IMEPay had launched virtual cards for the first time in Nepal. IME Pay’s Virtual Visa Card is the first-ever virtual card from a digital wallet in Nepal. In India too, Paytm wallet ( bank has already a virtual card) has launched its first virtual card recently. Though other websites and banks had been providing the virtual card, Paytm, as mobile money has launched this service. In Nepal, various banks had provided their own virtual cards before. But IMEPay is the first non-banking payment service provider to launch its own visa card. Through this card,…

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As the festive season is going on, most of you might be planning to return home on air flights. Since the threat of Covid-19 is not over yet, traveling through the bus without precautions might be risky. In addition to that, getting a bus ticket is a hard nut to crack in Kathmandu. You need to book the tickets days before the date of departure here, which is rather hectic. In this case, why not book online flight tickets instead? On top of that, why not book it online in digital wallets? Well, a lot of digital wallets provide online…

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