Author: TechSathi

The Indian government’s decision to ban the operation of bike taxis in its capital city has dealt a significant blow to ride-hailing services such as Uber, Ola, and Rapido, as well as to the companies that operate bike taxis. The ban, which went into effect on Monday, prohibits the use of bikes for commercial purposes in Delhi. The notice goes on to warn that any digital platforms that facilitate such activities could face fines of up to 100,000 rupees ($1,208; £1,005). The Ban on Bike Taxis in New Delhi The Delhi transport department issued a statement, citing a 1988 rule…

Merchant acquiring under NEPALPAY QR network by the banks & financial institutions and payment service providers has crossed over Two Lakh merchants. This is a key milestone in further supporting the adoption of QR payments in Nepal to strengthen digital payment ecosystem. NEPALPAY QR is the implementing infrastructure of NepalQR standard issued by Nepal Rastra Bank as part of the National Payment Switch (NPS). It operates as independent QR scheme and also facilitates interoperability of QR at merchant and network level. There are over 23 BFIs and 2 PSPs currently acquiring the QR. Similarly, there are over 16 BFIs and…

SecurityPal, a Silicon Valley cybersecurity startup, is ramping up its global expansion efforts. The company today announced the opening of its first international Security Operations Center (SOCC) in Kathmandu, Nepal. The new SOCC was unveiled in a ceremony attended by Dean R. Thompson the U.S. Ambassador to Nepal, signaling SecurityPal’s growing stature and global ambitions. The Kathmandu SOCC underscores SecurityPal’s vision to provide leading consolidated security and compliance solutions to companies around the world. This launch comes on the heels of SecurityPal emerging from stealth mode and raising a $21 million Series A funding round. With new investment capital and…

India and Singapore have enabled real-time cross-border transactions between the two countries. On Tuesday, India linked its Unified Payments Interface (UPI) system with Singapore’s PayNow system. This collaboration is the first of its kind between two nations and will allow users in both India and Singapore to make instant money transfers across borders. The interoperability between the UPI and PayNow payment systems marks a significant milestone in digital payments integration between countries. UPI, or Unified Payments Interface, is a real-time payment system that has become increasingly popular in India. The platform allows users to send and receive money directly from…

Daraz partners with Hangzhou 2022 Asian Games as Official E-commerce Platform, targeting development for both organisations, providing a unique opportunity to showcase their brands on a global stage. It manifests Daraz’s commitment to supporting sports and fitness initiatives, promoting healthy lifestyles, and encouraging the development of young athletes. In order to promote Asian Games, and the Olympic Movement in Nepal, the Olympic Council of Asia, the Hangzhou Asian Games Organizing Committee, and the Nepal National Olympic Committee came together to organise the Asian Games Fun Run. Meanwhile, Daraz came out as a beneficiary and an avid supporter of the campaign,…

Starlink, the satellite internet provider owned by SpaceX, is testing a new global roaming satellite internet service that uses inter-satellite links to provide connectivity around the world. The service is currently available to some users outside of Starlink’s coverage areas, and costs $200 per month on top of the base $599 Starlink kit. What are the Benefits of Starlink’s Global Roaming Satellite Internet Service? The new Starlink global roaming internet service promises to offer several benefits to users, including: The ability to connect from almost anywhere on land in the world. The use of Starlink’s inter-satellite links to provide connectivity,…

In recent years, social media platforms have become an integral part of our lives. They provide us with a way to connect with people, share information, and stay updated with the latest trends. However, these platforms are not without their problems. Privacy concerns, censorship, and algorithmic bias have all been major issues that have plagued the social media landscape. This is where Mastodon comes in – an alternative social network that is gaining popularity for its focus on privacy, decentralization, and free speech. What is Mastodon? Mastodon is a decentralized social network that was launched in 2016 by Eugen Rochko,…

Hamro Patro, Nepal’s most popular mobile app, has announced the launch of its in-app fintech feature, Hamro Pay. This new feature will allow users to make digital payments and money transfers, enabling them to complete transactions with ease and convenience. This is a major milestone for the company as it expands its services and moves towards becoming a super app. Hamro Patro has always placed a strong emphasis on its users, and this is what sets it apart from other apps. It’s great to see that the company is continuing to prioritize its users by offering new and innovative features…

IME Digital Solution Ltd. (IME Pay) has signed an agreement with Nepal Clearing House Ltd. (NCHL) for National Payment Switch to introduce various instruments and use cases of Retail Payment Switch including NEPALPAY QR, NEPALPAY Instant, NEPALPAY Request including tokenization and Biller Gateway. The agreement was signed by Mr. Praveen Regmi, CEO of IME Pay, and Mr. Neelesh Man Singh Pradhan, CEO of NCHL.  IME Pay will enable the features of account tokenization under NPS, subsequent to which the wallet users of IME Pay shall be able to link their bank accounts with their wallets. Similarly, it will also be able to…

Nagmani International, the authorized distributor of Rapoo for Nepal recently organized its annual Partner Summit in Hyatt Place, Kathmandu. The event was attended by more than 130 authorized Partners and retailers from across the country. During the event, Nagmani International unveiled Rapoo’s latest range of innovative wireless products, including keyboards, mice, headsets, speakers, and other various daily life gadgets and accessories. The new products offer advanced features such as multi-mode connectivity, long battery life, fast connectivity, and improved ergonomics, providing users with a seamless and efficient experience for wireless life. Rapoo’s Overseas Sales Director Mr. Johnson Zhang addressed the attendees,…