Friday, November 22nd, 2024

Transactions through digital payments shot up: NRB


18 March 2021  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: Payments through QR codes have shot up lately. Over Rs 500 million more was transacted through payments via QR codes in one month alone (From January 14-February 12, 2021).

According to a report unveiled by Nepal Rastra Bank (NRB), transactions worth Rs 1.71 billion were made through payments via QR codes from January 14-February 12, 2021 against Rs 1.24 billion in the preceding month.

The month recorded 535,790 times transactions against 372,176 in the preceding month. Digital payments through connectIPS, mobile banking, internet banking, and mobile wallets have increased lately.

Over Rs 163.87 billion was transacted through digital payments using connectIPS, mobile banking, internet banking, QE codes, and mobile wallets from January 14-February 12, 2021 against Rs 153.17 billion from December 16, 2020-January 13, 2021.

As per the data of the bank, a transaction worth more than Rs 104.39 billion was made from January 14-February 12, 2021 through connectIPS. Connect IPS was used for 1.545 million times during the period.

Similarly, transaction worth over Rs 385.970 million was done through mobile banking from January-14 to February 12 while Rs 33.15 billion was transacted from December 16, 2020 to January 13, 2021.

E-banking was used for 31,482 times from January 14 to February 12 making the transaction of worth more than Rs 9.22 billion. Transaction through Wallet was increased from January 14 to February 12 to Rs 9.94 billion against Rs 9.65 billion from December 16, 2020 to January 13, 2021.

The transaction worth Rs 843 million was done through e-commerce from December 16, 2020 to January 13, 2021 and it was increased to Rs 932 million from January 14 to February 12, 2021.

RSS

Publish Date : 18 March 2021 16:15 PM

KMC imposes Rs 100,000 fine on ruling CPN-UML

KATHMANDU: Kathmandu Metropolitan City (KMC) has imposed a fine of

PM Oli urges industrialists to invest in Nepal

KATHMANDU: Prime Minister (PM) KP Oli, also the Chairperson of

Unity process among Maoist factions has begun: Prachanda

MUGLIN: Pushpa Kamal Dahal ‘Prachanda,’ Chairman of the Maoist Center,

Karnali province government working in a way people can feel: CM Kandel

JUMLA: Karnali Province Government Chief Minister Yamlal Kandel has said

Cooperative Fraud Case: Arrest warrants issued for 10, including Rabi in Chitwan

CHITWAN: An arrest warrant has been issued for 10 individuals,