Under the category fintech, you will gain insights, information and knowledge about Nepali fintech companies and their international counterparts.
Mega Bank Nepal Limited has successfully integrated NEPALPAY QR in the Mega Smart Banking app. Now the bank’s customers can scan and initiate NEPALPAY QR payments, available at various merchants and payment gateways. The Bank has also initiated acquiring its business customers as merchants for managing their receivables via NEPALPAY QR. Mega Bank is one…
Remitap app is a fintech product introduced by Machhapuchhre bank to provide a premium banking experience through a digital medium. It was launched on February 11, 2021, by the bank. It has collaborated with its technological partner in India, AMV Tel Private Limited for developing this particular app. What are its features? For those who…
Machhapuchhre Bank Limited (MBL) has successfully integrated NEPALPAY QR in its mobile banking app, MBL M-Smart, such that its customers can now scan and initiate QR payments available at various merchants and payment gateway. MBL has also initiated acquiring merchants for this. MBL is one of the first banks to join the National Payment…
On the occasion of Nepali New Year 2079, connectIPS has introduced a new offer. “connectIPS New Year New User Offer” will run from 1st Baishak till 31st of Baisakh. During the period, the customers of the member banks & financial institutions if enrolled and activated within connectIPS will receive Rs.100 in its verified bank account….
connectIPS has introduced an exciting feature for its users where you can transfer money up to Rs 100,000 without entering the OTP passcode. connectIPS No-OTP feature will enable you to transfer money easily and faster. Normally, connectIPS requires a dual verification in both logging in and while making payments. While making payments, the sender needs…
QR code payments are increasingly capturing the payment systems market in Nepal. In the month of Magh alone, QR code payments totaled more than Rs 6.8 billion in value. Among them, QR code payments from 24 commercial banks was worth of Rs 5.85 crores. According to the report from Nepal Rastra Bank, QR code payment…
Tata Group is launching its first payment app “Tata Neu” as a super app in the digital ecosystem of India. It has announced to launch Tata Neu on April 7, 2022. As the platforms like Amazon and Jio have been ruling the Indian market for making payments and e-commerce, Tata Neu aims to take on…
Now you can send up to $100,000 to Nepal through Hamro Remit semi-annually. Hamro Remit has got a permission from Nepal Rastra Bank to allow $10,000 per transaction in international remittance. Before this update, it was allowed to send a maximum of 30,000 US dollars per person in six months. From now on, this limit…
The RuPay card, having more than 60% coverage in the Indian cards market in 2020, has finally launched in Nepal. PM Sher Bahadur Deuba and Indian PM Narendra Modi jointly launched RuPay Card in Nepal today (April 2, 2022), on Deuba’s three-day visit to India after being the Prime Minister of Nepal in July 2021….
Digital lending is getting popular with the rise of digital banking and digital payment practices. Digital lending products like Buy Now Pay Later (BNPL) are booming in the global market, including the markets of the USA and Europe. According to TrueLayer, BNPL services are expected to rise by the highest among the digital payment methods…
