Under the category fintech, you will gain insights, information and knowledge about Nepali fintech companies and their international counterparts.
Five-Point Highlights Fonepay Payment Service Ltd, Nepal’s Largest Payment Network and NPCI International Payments Ltd (NIPL), the international arm of the National Payment Corporation of India have announced collaboration to launch the first Cross Border QR Payment service between Nepal and India. This historic announcement was made at the Global Fintech Fest 2023, a global…
TLDR: Three-point highlights Everest Bank, a joint venture partner with Punjab National Bank India, has launched FoneTAG, the first of its kind offline digital payment solution in the Nepali market in collaboration with Fonepay, Nepal’s largest digital payment network. FoneTAG enables customers to make merchant payments by presenting NFC tag or a CPQR code (customer…
TLDR NIC Asia Bank has launched Smart Audio Alert Device for QR payments. After a customer makes QR payment, this device confirms the payment instantly through voice. It is an additional way for merchants to verify receipt of payments from their customers, along with SMS and email alerts. The bank has launched this device in…
KATHMANDU, Nepal – IME Pay, Nepal’s leading digital wallet app, has announced a new integration with ConnectIPS that will allow users to directly access their bank accounts through the IME Pay platform. This linkage aims to provide enhanced convenience and streamlined money management for Nepali consumers adopting digital payments. The new connectivity works by leveraging…
After successful interoperability with the Smart Qr and Nepal India contract for cross-border payments, almost 7+ wallets and 19+ banks are ready to do transactions in India, and Already doing transactions with 4.5 lakh + merchants in Nepal (3.5 lakhs of Nepal pay and other smart qr) When we can do the payment in India…
Merchant acquiring under NEPALPAY QR network by the banks & financial institutions and payment service providers has crossed over Three Lakh merchants, with majority of the BFIs now deploying QR at the acquired merchants This is a key milestone in further supporting adoption of QR payments in Nepal to strengthen digital payment ecosystem. NEPALPAY QR…
Not sure but on 6/12/2023 Namaste Pay pushed a new update, with a completely new and revamped UI /UX. The new UI of the namaste pay looks wholly stunning, completely new, and unique in the context of Nepal. With the new UI, Namaste Pay has ultimately looked different. According to Namaste Pay and from our…
IME Digital Solution Limited’s ‘IME Pay’ has recently acquired ‘PCI DSS’ certification. With this certification, IME Pay has successfully become the safest Safest Digital Wallet in Nepal. Since its establishment, IME Pay, with its specific focus on safeguarding the personal information and details of its users, has managed to secure this certification after fulfilling the…
Nepal’s fast-growing FinTech sector has received a major boost with Nepal Electronic Payment Systems (NePS) being elected to the PCI Security Standards Council Advisory Board through a global voting process. Nepal Electronic Payment Systems (NePS) has now joined an elite group of major technology and financial services companies serving on the Advisory Board for the next two years (2023-2025), including Amazon, Apple, Bank of America, Barclays Bank, European…
Standard Chartered Bank Nepal has introduced a “Scan and Pay” feature that allows its customers to scan and pay merchant QR codes to make contactless payments at over 200,000 merchant locations under the NEPALPAY network. NEPALPAY QR has been implemented by Nepal Clearing House Limited(NCHL) as part of the National Payment Switch which complies with the NepalQR standards published by Nepal Rastra…
