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NMB Capital also joins NPS
Kathmandu, NMB Capital Ltd.(NMBCL) has signed an agreement with Nepal… -
नागरिक लगानी कोषको कर्मचारी बचत बृद्धि अवकास योजना अन्तर्गतको रकम बैंक वित्तीय संस्थाको शाखा र कर्पोरेटपे मार्फत गर्न सकिने
(२० असार, २०७९) काठमाडौं — नागरिक लगानी कोषको कर्मचारी बचत… -
NCHL Facilitates 4 more BFIs to start RTGS system
Kathmandu, In continuation to supporting Nepal Rastra Bank (NRB) in… -
CORPORATEPAY Transaction crosses NRs 100 Billion
Kathmandu– CORPORATEPAY system has been able to process landmark transactions… -
Mega Bank enables NEPALPAY QR
Kathmandu, Mega Bank Nepal Limited has successfully integrated NEPALPAY QR…
NEPALPAY Request is a Direct Debit Instrument (Pull Transactions) whereby a receiver can request for payment by generating a non-financial message which can be passed in any of the available channels from which amount is to be debited. Upon further actions (acceptance) of the sender further transactions. It can be event-based Request-to-Pay (R2P) for Person-To-Person Transfer where an individual can log into any digital payment platform (Mobile Banking, Internet Banking, Digital Wallets, connectIPS) and send request for payment to concerned person. Upon confirmations from the payer transactions will be further processed seamlessly. It can also be a recurring e-Mandate payment for a specified frequency and time period where standing instructions will be provided to the system of service providers. E.g. Service payments of ISP, Insurance, Investment Plans / Others can plan for e-Mandate auto debit and service renewal. NEPALPAY Request can also act as an Account Tokenization where the bank account can be linked to a particular payment platform and upon tokenization while performing any transaction from this account, an OTP code will be generated, upon its successful verification the transaction will be processed.