Insurance coverage in digital wallet is possible now in Nepal. To this date, it was available in insurance and banks only. Now, a wallet named MyPay is offering insurance coverage of NRs. 1 Lakhs to Nepali users. Previously, wallets were used to facilitate online payments of insurance premiums only. With this, MyPay becomes the first…
NRB has reduced the domestic remittance limit by one-fourth. It has narrowed down the daily, per transaction, and per person limit of domestic remittance amounting to Rs 25,000. Previously, this limit was Rs 100,000. On Wednesday, the Payment Systems Department in NRB issued a notice regarding this change in the transaction limit of domestic remittance….
Info Developers, a software company, has entered into a cooperation agreement with CitiExpress Money Transfer for providing digital remittance services. For more than a decade, Info Developers has been working as a technology company rending IT assistance and services for industries and clients. Likewise, City Express is one of the leading remittance companies in Nepal….
Now you can pay your premium to National Life Insurance Company in Khalti with huge cashback. Khalti has teamed up with National Life Insurance Company Limited to allow users to pay insurance premiums online while also receiving a 10% cashback. This service aims to make bill payment easy in a few clicks for customers who…
Department of Customs Nepal has processed digital revenue collection of over NRs 7.4 Billion transactions till the end of Magh 2078. It was started as a pilot project from Poush 1, 2078 from the Dry Port Birgunj Customs Office. On the 12th of Magh, 2078, Finance Minister Bishnu Poudel formally launched the e-payment system for…
Nepal is soon to introduce India’s UPI payment system within the country for cross-country payments. The National Payments Corporation of India (NPCI) has partnered with Gateway Payments Service (GPS) and Manam Infotech to deliver services in Nepal. Gateway Payments Services is a new payment systems operator (PSO) in Nepal. What is the UPI Payment System?…
Digital technology is getting a rapid adaptation in almost every aspects of our life. Nepal is also embracing the goal of #digitaleconomy since past few years. However, there are still some hindrances that are prevalent in practice of digital transactions. One of the recent problems in digital adaptation in Nepal is we still are not…
Renewal of bluebook of your vehicles is now easy since you can do it online from eSewa and Khalti. You can pay from these two digital wallets for this purpose. Now, you do not have to visit to the transportation office for renewal of your bluebook. Khalti’s co-founder and Director Amit Agrawal posted on Facebook…
IME Pay interest is the only one of its kind among the digital wallets in Nepal. The wallet IME Pay has revised its interest rate on 13th February. The new interest rate is 6.03%. Previously it was 5.05%. It means, you were getting Rs 505 in your IME Pay wallet balance of (for instance) Rs…
BharatPe Co-founder and one of the Sharks of the ongoing Shark Tank India, Ashneer Grover under controversy these days. Recently, an audiotape between him and an employee of Kotak Mahindra Bank went viral on social media in India which gained attention. According to the Times of India, that audio tape was about Ashneer Grover threatening…
