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April 18: Nepal Rastra Bank (NRB) on Tuesday, April 17, set a ceiling for cash transaction through digital payment systems.
Issuing a circular, the central bank said the limit has been set at Rs 100,000 for debit cards. Earlier, the debit card users were allowed to withdraw only Rs 50,000 per day.
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The central bank has also set a ceiling on money transfer via internet banking system. With the new provision, a total of Rs 100,000 can be transferred from one bank to another bank via internet banking service. Likewise, the central bank has set monthly limit of Rs 1 million for such transfers.
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Online payments, that are gaining popularity worldwide, should be made safer, not imposed with such restrictions. It's not justified at all to impose limitation on digital transactions like this.
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Digital wallets are gaining popularity on electricity bill payment, water bill payment, mobile recharge, ISP bill payment and online ticketing among other services. Thus, need to promote and encourage digital wallets even more. The government should even start collecting taxes, revenues, vehicle taxes, registration fees and service charges via digital wallets.
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Digital wallets are gaining popularity on electricity bill payment, water bill payment, mobile recharge, ISP bill payment and online ticketing among other services. Thus, need to promote and encourage digital wallets even more. The government should even start collecting taxes, revenues, vehicle taxes, registration fees and service charges via digital wallets.
This new directive is sure to have negative impacts on the emerging wallets like Khalti and eSewa.
We should make an environment in Nepal like India's Paytm, China's AliPay and WeChat Pay, and globally renowned payment gateway like PayPal, instead of limiting the potential of emerging digital wallets like https://Khalti.com and eSewa.',
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Digital wallets are gaining popularity on electricity bill payment, water bill payment, mobile recharge, ISP bill payment and online ticketing among other services. Thus, need to promote and encourage digital wallets even more. The government should even start collecting taxes, revenues, vehicle taxes, registration fees and service charges via digital wallets.
This new directive is sure to have negative impacts on the emerging wallets like Khalti and eSewa.
We should make an environment in Nepal like India's Paytm, China's AliPay and WeChat Pay, and globally renowned payment gateway like PayPal, instead of limiting the potential of emerging digital wallets like Khalti and eSewa.',
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include - APP/View/Elements/side_bar.ctp, line 60
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Digital wallets are gaining popularity on electricity bill payment, water bill payment, mobile recharge, ISP bill payment and online ticketing among other services. Thus, need to promote and encourage digital wallets even more. The government should even start collecting taxes, revenues, vehicle taxes, registration fees and service charges via digital wallets.
This new directive is sure to have negative impacts on the emerging wallets like Khalti and eSewa.
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Digital wallets are gaining popularity on electricity bill payment, water bill payment, mobile recharge, ISP bill payment and online ticketing among other services. Thus, need to promote and encourage digital wallets even more. The government should even start collecting taxes, revenues, vehicle taxes, registration fees and service charges via digital wallets.
This new directive is sure to have negative impacts on the emerging wallets like Khalti and eSewa.
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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'id' => '2519',
'article_id' => '8017',
'name' => 'Naman Shrestha',
'email' => 'sbkumar.97@gmail.com',
'comment' => 'The new directives by Nepal Rastra Bank seems to discourage digital payment method in Nepal.
Online payments, that are gaining popularity worldwide, should be made safer, not imposed with such restrictions. It's not justified at all to impose limitation on digital transactions like this.
It seems, NRB should revise this decision.
Digital wallets are gaining popularity on electricity bill payment, water bill payment, mobile recharge, ISP bill payment and online ticketing among other services. Thus, need to promote and encourage digital wallets even more. The government should even start collecting taxes, revenues, vehicle taxes, registration fees and service charges via digital wallets.
This new directive is sure to have negative impacts on the emerging wallets like Khalti and eSewa.
We should make an environment in Nepal like India's Paytm, China's AliPay and WeChat Pay, and globally renowned payment gateway like PayPal, instead of limiting the potential of emerging digital wallets like https://Khalti.com and eSewa.',
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(int) 1 => array(
'id' => '2520',
'article_id' => '8017',
'name' => 'Naman Shrestha',
'email' => 'sbkumar.97@gmail.com',
'comment' => 'The new directives by Nepal Rastra Bank seems to discourage digital payment method in Nepal.
Online payments, that are gaining popularity worldwide, should be made safer, not imposed with such restrictions. It's not justified at all to impose limitation on digital transactions like this.
It seems, NRB should revise this decision.
Digital wallets are gaining popularity on electricity bill payment, water bill payment, mobile recharge, ISP bill payment and online ticketing among other services. Thus, need to promote and encourage digital wallets even more. The government should even start collecting taxes, revenues, vehicle taxes, registration fees and service charges via digital wallets.
This new directive is sure to have negative impacts on the emerging wallets like Khalti and eSewa.
We should make an environment in Nepal like India's Paytm, China's AliPay and WeChat Pay, and globally renowned payment gateway like PayPal, instead of limiting the potential of emerging digital wallets like Khalti and eSewa.',
'created' => '2018-04-18 15:11:13',
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'user_id' => null,
'modified' => '2018-04-18 15:11:13'
)
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$current_user = null
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$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
