QR Code Payments

Is QR code payment about to rule the digital payment ecosystem? QR code payments only in Magh reached nearly Rs 7 billion in value

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…

Read More
Nepal Rastra Bank

Is Mobile Banking Transaction Limit Per Day NPR. 200,000 or NPR. 400,000? Is there a Loophole in the Payment System?

Nepal Rastra Bank has set the transaction limit for mobile banking and other payment systems in the Unified Directives through the Payment Systems Department. The maximum transaction limit per day from mobile banking channels is NRs. 200,000. On the other hand, you can transfer funds up to NRs. 20 lakhs in a day from internet…

Read More