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Payment service provider permission to Ncell’s subsidiary

By Rabins Sharma Lamichhane

May 28, 2021

Ncell’s subsidiary has received approval from a payment service provider. In the economic survey of the fiscal year 2078/79 released by the government today, it has been mentioned that Ncell has been approved as a payment service provider by establishing a subsidiary company.

Earlier, NRB had given permission to Nepal Digital Payment Company Limited, a joint venture of Nepal Telecom and Rastriya Banijya Bank, to act as a payment service provider.

Nepal Digital Payment Company Limited Namaste Pay Wallet is in the final stages of preparation.

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