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 Digital payment  system gains momentum in Nepal

Kathmandu, 22 October: With growing access to technology, digital payment is on rise in Nepal of late. The digital transaction which gained much pace during the COVID pandemic has continued rise till date.

Nepal Rastra Bank (NRB) has also encouraged people for the electronic payment. The latest record shared by NRB has showed that in the second month (Bhadra) of the current fiscal year alone, transaction of more than Rs 4900 billion was made via electronic medium. The transaction of Rs 292 billion was made via Connect IPS.

People’s News Monitoring Service

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