General increase in mobile wallet turnover during the year, 12 billion 800 million payments in July
Although mobile wallets seem to be working hard on digital payments, their business growth has been modest in the last financial year.
They have increased their turnover by 25 percent in the last fiscal year. According to the financial statement of the last fiscal year made public by Nepal Rastra Bank, the turnover of mobile wallet has reached Rs. 12.79 billion in the last month of July. This is the highest in the last financial year.
This amount is 25 percent more than the same period last year. In July of the previous year, the turnover from Wallet was Rs. 10.22 billion.
In the first month of the last fiscal year, the turnover was Rs. 7.57 billion, which reached Rs. 12.79 billion in the last month.