Link bank account in connectIPS and get a chance to win Rs 100 in your linked account. connectIPS has brought this New Year to offer where you can get Rs 100 credited to your linked bank account once you have linked it to connectIPS by self-verification or through the bank. connectIPS has already started its…
Mega Bank Nepal Limited has successfully integrated NEPALPAY QR in the Mega Smart Banking app. Now the bank’s customers can scan and initiate NEPALPAY QR payments, available at various merchants and payment gateways. The Bank has also initiated acquiring its business customers as merchants for managing their receivables via NEPALPAY QR. Mega Bank is one…
CAN Infotech 2022 has already started today at Bhrikutimandap, Kathmandu. The 27th ICT exhibition organized by the Computer Association of Nepal (CAN) has kicked off today with the stalls of various companies, organizations, and businesses contributing to the ICT sector. This expo is happening till the 25th of April, 2022. This expo is featuring various…
Machhapuchhre Bank Limited (MBL) has successfully integrated NEPALPAY QR in its mobile banking app, MBL M-Smart, such that its customers can now scan and initiate QR payments available at various merchants and payment gateway. MBL has also initiated acquiring merchants for this. MBL is one of the first banks to join the National Payment…
connectIPS has introduced an exciting feature for its users where you can transfer money up to Rs 100,000 without entering the OTP passcode. connectIPS No-OTP feature will enable you to transfer money easily and faster. Normally, connectIPS requires a dual verification in both logging in and while making payments. While making payments, the sender needs…
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…
The RuPay card, having more than 60% coverage in the Indian cards market in 2020, has finally launched in Nepal. PM Sher Bahadur Deuba and Indian PM Narendra Modi jointly launched RuPay Card in Nepal today (April 2, 2022), on Deuba’s three-day visit to India after being the Prime Minister of Nepal in July 2021….
NEPALPAY QR, as an implementing infrastructure of NepalQR, is now operational that went live recently with a few of the BFIs and PSPs. NCHL made an official announcement in this regard at a joint Press Meet organized today (11th of March, 2022). The event was organized in the presence of Ashoke SJB Rana, CEO of…
Digital transaction limit for revenue payment to the Government of Nepal initiated from various channels of NCHL has been revised. The digital payment limits for GON revenue from the systems including CORPORATEPAY and Bank Central (bank branches) under NCHL have been increased up to NRs 2 Billion for On-us (same bank) transactions. NCHL consulted with…
Ever wondered if you can send money from one digital wallet to another digital wallet? It is soon being possible in Nepal. NCHL has introduced the NEPALPAY Instant where you can send money from your connectIPS to any linked bank account, available mobile banking, or digital wallet of the recipient. This is one additional step…
