NRB eases digital financial transactions between Nepal and India
KATHMANDU, June 28: Nepal Rastra Bank (NRB) has turned flexible on allowing individuals to use Quick Response (QR) codes for cross-border financial transactions with India.
In a landmark development, the Nepal Rastra Bank (NRB) has adopted a more flexible approach, allowing individuals to use Quick Response (QR) codes for transactions with India. This decision, which amends the unified circular issued by the Foreign Exchange Management Department of the NRB, is a significant stride toward streamlining financial interactions between Nepal and India.
In a landmark development, the Nepal Rastra Bank (NRB) has adopted a more flexible approach, allowing individuals to use Quick Response (QR) codes for transactions with India. This decision, which amends the unified circular issued by the Foreign Exchange Management Department of the NRB, is a significant stride toward streamlining financial interactions between Nepal and India.
KATHMANDU, June 28: Nepal Rastra Bank (NRB) has turned flexible on allowing individuals to use Quick Response (QR) codes for cross-border financial transactions with India.
KATHMANDU: A report on digital transactions between Nepal and India has been submitted to Nepal Rastra Bank (NRB) Governor, Maha Prasad Adhikari. A team from the Economic Media Operators Association of Nepal (EMAN) prepared the report after conducting studies in various cities in India including the Indian capital New Delhi for two weeks. The Association […]
KATHMANDU: Even as India and Nepal were set to sign a pact for cross-border digital payment with Indian e-wallets making it easy for travelers, sources claim it has been “halted” due to the influence of middlemen and Nepal’s e-payment platform, eSewa, among others. Nepal and India were set to sign an agreement for the same […]
