fintech
Paypal May Enter Nepal – A game-changer for Digital Payments
In a groundbreaking development for Nepal’s financial technology sector, the world’s leading online payment gateway, PayPal, may soon make its entry into the Himalayan nation. Recent reports suggest that Nepal Rastra Bank (NRB), the country’s central bank, is actively pursuing collaboration with the American digital wallet giant to enhance international payment capabilities for Nepali users. […]
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Enhancing Cross-Border Digital Payments: Nepal and India Sign Agreement for Seamless Transactions
The agreement between Nepal Clearing House Limited (NCHL) and the National Payments Corporation of India (NPCI) to enable digital payments between the two countries is a significant development that has the potential to ease cross-border transactions and boost tourism and trade. The agreement allows authorized digital payment apps from both Nepal and India to operate […]
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Fonepay IPO Announcement & Partnership with LankaPay for Interoperable Digital Payments System
Fonepay, Nepal’s leading digital payment solutions provider, has signed a Memorandum of Understanding with LankaPay, Sri Lanka’s national payment network, to develop an interoperable digital payment system, while also announcing plans for an initial public offering (IPO). This strategic collaboration aims to revolutionize the digital payment landscape and enable seamless cross-border transactions between Nepal and […]
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Nepal Rastra Bank Paves Path for Digital Wallet Mergers
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 […]
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Astra Tech Unveils World’s First Ultra App – Botim 3.0 – at Launch Event in Dubai
Astra Tech, the leading consumer technology holding group in the MENA region, hosted a highly anticipated event to launch the Botim 3.0 Ultra App on May 2nd at the Museum of the Future in Dubai. The event drew industry leaders, innovators, technology enthusiasts, and experts from all over the world to witness the unveiling of […]
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