KATHMANDU, July 23: The Nepal Rastra Bank (NRB) will offer additional facilitation in digital payments in a bid to stop financial anomalies and facilitate revenue collection, according to the Monetary Policy for the current fiscal year, 2023/24 unveiled today.

KATHMANDU, April 6: The Computer Association of Nepal (CAN) Federation has drawn the attention of various ministries and government agencies to the issue of traffic police not accepting payments made through the government's revenue portal.

The Future Of Money

August 1, 2022 14:00 pm

“The Future of money: towards new wealth, work and a wiser world.” When I read this powerful research paper written by Bernard Lietaer, I don’t know why my mind is hit like a fire in a profound manner. Similarly, at the same time, when I compare new technologies with old ones, I get really amazed by the world simply because it is changing so fast in terms of cryptocurrency, bitcoin, blockchain, fintech, artificial intelligence (AI), machine learning, data management, and now metaverse. So, my plain question is what will the world of money look like in five-or ten years’ time now? Notably, this quest comes to my mind quite frequently. And, of course, despite having so many innovations in digital payment systems, no one can predict exactly what the world’s digital currency will look like.

KATHMANDU, March 18: Payments through QR codes have shot up lately, Nepal Rastra Bank (NRB) has said. Over Rs 500 million was transacted through payments via QR codes in a period of just one month (From January 14 to February 12, 2021).

How fast can Nepal go cashless?

March 12, 2020 10:54 am

KATHMANDU, March 12: Gone are the days when people used to carry bags full of cash to settle large amount of transactions, as people are now picking up with cashless transaction modes, though at slower pace in contrast to escalating technologies.