Top 5 Digital Wallets in Nepal - Used during Lockdown and COVID-19 Outbreak.

What are Digital Wallets?

“Digital wallet” is. Also referred to as a “Mobile wallet” or an “e-wallet”, it's a web service or system that stores one’s payment information, which may then be used sometimes of making an electronic transaction. You can make such transactions via the internet, SMS, or a mobile app, after following simple steps for registration. There are lots of digital wallets working nationally, internationally. Let's talk about some of the Local digital wallets. 

 

1.eSewa

As the first online payment gateway of the country, it has been operational since 2009 and is licensed by Nepal Rastra Bank as well.

Services 

• Fulfill almost all of your domestic payment needs.
•  Utility payments like recharging your phone, paying for electricity, water, etc.
•  You can also book movie tickets from all the major multiplexes like QFX Cinemas, FCUBE Cinemas, One Cinemas, BSR Movies, Central Multiplex, Gopi Krishna Movies, etc.
•  Flights & E-commerce
•  Funds
• Offline mode

2.Khalti

Khalti is another one to look out for. Launched in January 2017, Khalti has managed to garner a heap of an audience in a short amount of time. Developed by Sparrow Pay Pvt. Ltd.

 

Services

• Fulfill almost all of your domestic payment needs.
•  Utility payments like recharging your phone, paying for electricity,water, etc.
•  You can also book movie tickets from all the major multiplexes like QFX Cinemas, FCUBE Cinemas, One Cinemas, BSR Movies, Central Multiplex, Gopi Krishna Movies, etc.
•  Flights & E-commerce
•  Funds

 3.IME pay 

IME Pay. As the name implies, it's a subsidiary product of IME Remittance, which is one among the leading remittance companies in Nepal. And though it is a fairly new player in the Nepalese fintech market.

 Services

•  You can buy for your vehicle’s fuel in select petrol pumps using IME Pay.
•  Fulfill almost all of your domestic payment needs.
•  Utility payments like recharging your phone, paying for electricity, water, etc.

4.PrabhuPay

Making the 4th spot in this list is PrabhuPay. Like IME Pay, this one’s a product of pre-established financial combination as well. A digital wallet from Prabhu Group, which is one of the most well-established corporations in Nepal.

 Services

•  Prabhu Money Transfer, as well as Prabhu Insurance
•  Utilities payments like recharging your phone, paying for electricity, water, etc.
•  You can also book movie tickets from all the major multiplexes like QFX Cinemas, FCUBE Cinemas, One Cinemas, BSR Movies, Central Multiplex, Gopi Krishna Movies, etc.
•  Flights & E-commerce.

 5.QPay Nepal

And last but obviously not the least on the list is QPay Nepal. Developed with an association between UnionPay International and Nepal’s own SCT.

 Services

•  Utility payments like recharging your phone, paying for electricity, water, etc.
•  You can also book movie tickets from all the major multiplexes like QFX Cinemas, FCUBE Cinemas, One Cinemas, BSR Movies, Central Multiplex, Gopi Krishna Movies, etc.
•  Flights & E-commerce
•  QPay users can make payments to all the SCT or UnionPay receive tradesman across the country.

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