Payment Solutions in Nepal

Territories - Asia

Empowering Nepal's payment transformation

Positioned for expansion over the next few years

Nepal’s payment scene is rapidly advancing with a surge in digital and mobile payment solutions. While traditional cash transactions remain prevalent, there is a notable shift towards electronic methods. Mobile wallets like eSewa and Khalti have gained significant traction, driven by their convenience and growing adoption. According to the Nepal Telecommunications Authority, mobile wallet transactions have seen an annual increase of over 30%, reflecting the shift towards digital payments. Additionally, digital banking and online payment platforms are expanding, providing alternative payment methods such as QR codes and bank transfers. This evolution is set to enhance financial inclusion and streamline transactions in the region.

Market Overview

Population

31.1 million
Online Population

15.4 million
Currency

NPR

e-Commerce Market Value

$1.17 billion
GDP

$127 billion
GDP per Capita

$4,062

Available Payment Methods

UBank Connect offers comprehensive payment solutions in Nepal designed to simplify and enhance your business transactions. With the rise of digital payments, UBank Connect enables seamless transactions through secure and reliable methods such as bank transfers and QR codes. These options provide flexibility and convenience for both businesses and customers, making it easier to manage payments across various platforms. UBank Connect’s robust infrastructure ensures quick processing times and high security, reducing the risks associated with traditional payment methods.

Choosing UBank Connect gives your business a competitive edge. Our solutions are tailored to meet the unique needs of businesses in Nepal, offering dedicated support and a user-friendly interface. Unlike other payment providers, UBank Connect prioritizes customer satisfaction with advanced features, competitive pricing, and seamless integration. Enhance your payment experience and boost your business efficiency with UBank Connect—your partner in powering payments. Ready to transform your business? Choose UBank Connect today and experience the difference.

Why choose UBank Connect?

Direct connection to banks
Dedicated bank account(s)
Local technology and operations team
Flexible and competitive rates
Global reach with a single API access
Support in emerging markets

Key Takeaways

Nepal is witnessing a significant shift towards digital payments, with mobile wallets like eSewa and Khalti seeing an annual growth rate of over 30%, reflecting their rising popularity and convenience among users.
A large portion of the population relies on mobile-based payment methods, including QR codes and mobile banking, driven by the widespread use of smartphones and digital platforms.
Despite the growth of digital payments, cash transactions still dominate in many parts of Nepal, particularly in rural areas, where access to digital infrastructure can be limited.

Get started today!

Discover how UBank Connect can enhance your payment solutions in Nepal. Contact us today to learn more about how we can support your business. Let’s connect and take your payment processes to the next level.

Territories - Asia

Empowering Nepal's payment transformation

Positioned for expansion over the next few years

Market Overview

Population

Online Population

Currency

e-Commerce Market Value

GDP

GDP per Capita

Available Payment Methods

Why choose UBank Connect?

Key Takeaways

Get started today!

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