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Nepal Rastra Bank Paves Path for Digital Wallet Mergers

May 18, 2023

Nepal Rastra Bank (NRB) has amended the Payment and Settlement Bylaw, 2077 to allow digital wallets to merge. The amendment was made in order to promote consolidation and rationalization of the digital payment industry in Nepal. Under the new amendment, organizations that have received a license to perform payment activities can merge or acquire each […]