KATHMANDU, Dec 1: Nepal Clearing House Limited (NCHL) has reduced its service charge for the users of Connect IPS, a payment platform, targeting to reduce transaction cost of its customers.

Information and communications technology (ICT) has been taken as a key driving force in transforming the traditional Nepali society into a knowledge-based society. Successive governments in Nepal have envisaged that the goal of prosperity will also be achieved through the optimum utilization of advanced technologies.