UPI Payments

Nepal to Adopt India’s UPI Payment System; Will Support for Easy Cross-Country Payments

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?…

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NCHL Non-Cash Transactions

NCHL’s Non-Cash Transactions Crosses NRs. 7 Trillion Transactions in the First 6 months of 2078/79

Nepal Clearing House Limited (NCHL) has made a new record in its non-cash transactions. By the first 6 months of 2078/79, the non-cash transactions in NCHL channels have crossed NRs. 7 trillion in value. It has reached NRs. 7.88 trillion in transactions across the three channels : NCHL ECC, NCHL-IPS, and connectIPS. Through NCHL-ECC alone,…

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