Nepal’s FinTech Ecosystem Gets Global Recognition with NePS Elected to PCI Security Standards Council Board

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…

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Cross-Border Digital Payments Between India and Nepal Through UPI and NPI to Soon be a Reality

NPCI International Payments Limited (NIPL)and Nepal Clearing House Limited (NCHL) joined hands to facilitate cross-border digital payments between India and Nepal by integrating Unified Payments Interface (UPI) of India and National Payments Interface (NPI) of Nepal. The MoU was exchanged between NIPL, represented by Mr. Ritesh Shukla, CEO and NCHL, represented by Mr. Neelesh Man…

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Fonepay and LankaPay Partner to Enable Digital Cross-Border Payments

Fonepay, Nepal’s leading digital payment solutions provider, has signed a Memorandum of Understanding with LankaPay, Sri Lanka’s national payment network, to collaborate on developing an interoperable digital payment system that will enable seamless and affordable cross-border payments. The partnership aims to bridge the gap between the two countries’ payment ecosystems by revolutionizing the digital payment…

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Apple launches Logic Pro & Final Cut Pro for iPad

Today, Apple launches iPad versions of the popular creative software, Final Cut Pro and Logic Pro, granting filmmakers and musicians greater flexibility and intuitive control through an all-new touch interface. These iPad-specific versions enable users to take full advantage of the Multi-Touch interface, revolutionizing their creative workflows. Final Cut Pro for iPad offers an immersive…

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realme Maintains Impressive Customer Satisfaction in Nepal

realme, the world’s fastest-growing smartphone brand, has built a reputation for excellence in Nepal since launching in 2019. By focusing on innovation, technology, performance and affordability, realme has consistently achieved high customer satisfaction rates, setting a new standard in the Nepalese smartphone market. realme’s commitment to providing flagship-level products and services at reasonable prices and…

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Open Network for Digital Commerce (ONDC): Revolutionizing Digital Commerce in India

India is one of the fastest-growing economies in the world, and digital commerce has emerged as a key driver of this growth. However, the digital commerce ecosystem in India is still fragmented, with multiple payment systems, logistics providers, and merchants operating in silos. This fragmentation not only creates friction in digital commerce but also limits…

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Nepal Rastra Bank

Nepal’s Economy Shows Strength Amid Global Crisis: NRB Report

Nepal Rastra Bank (NRB) recently published its latest report on the country’s economic and financial status, highlighting several positive indicators that point to Nepal’s economy exhibiting resilience in the face of the global economic crisis and recession. According to the NRB Report, Nepal’s economy shows a surplus of Rs. 180.17 billion in the balance of payments. Gross foreign…

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