e-Commerce and Payments in Nepal
Positioned for expansion over the next few years.
In recent years, Nepal’s e-commerce sector has grown quickly as more and more people in Nepal are turning to online shopping as a simple and secure way to buy goods and services.
Market Overview
-
Population
30.9 million
-
Online Population
8.3 million
-
Currency
NPR
-
e-Commerce Market Value
$1.01 billion
-
GDP
$42.38 billion
-
GDP per Capita
$1,399.01
Available Local Payment Method
NPL Bank Transfer
Type
Bank Transfer
Regions
Asia Pacific
NPL QR
Type
QR Code
Regions
Asia Pacific
Key Takeaways
- Revenue in Nepal’s e-commerce market is projected to reach $1.134 million in 2023.
- Since the beginning of the COVID-19 pandemic, there has been a 35% increase in eSewa users, bringing the user base to 3.5 million, compared to a 25% growth in IME Pay users.
- More than 95% of internet users in Nepal, who make up close to 60% of the population, use their mobile phones to access the internet.
