The range of electronic payments will be reviewed, and the range of payment service providers and operators will increase

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The range of electronic payments will be reviewed, and the range of payment service providers and operators will increase

Nepal Rastra Bank is going to review the limit of electronic payment. Announcing the monetary policy for the fiscal year 2078/79 on Friday, NRB said that the limit of electricity payment will be reviewed.

The policy states, “In order to promote the electronic payment business, the limits of payment transactions through various means will be reviewed.” In addition, policy arrangements will be made to maintain the appropriate charges for electronic payment transactions.

Similarly, NRB has stated that the payment range of payment service providers and payment service operators will be increased to provide electronic payment service to the customers of microfinance institutions and cooperatives.

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Rabins Sharma Lamichhane

Rabins Sharma Lamichhane is the owner of RabinsXP who is constantly working for increasing the Internet of Things (IoT) in Nepal. He also builds android apps and crafts beautiful websites. He is also working with various social services. The main aim of Lamichhane is to digitally empower the citizens of Nepal and make the world spiritually sound better both in terms of technology and personal development. Rabins is also the first initiator of Digital Nepal.

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