Nabil’s connectIPS e-Payment System

KATHMANDU: Nepal Clearing House Ltd (NCHL) has enrolled Nabil Bank in the connectIPS e-Payment System from Tuesday.

With this, customers of Nabil Bank will be able to initiate online payments from and its mobile application, with all transactions processed directly from the bank accounts.

The bank’s customers can enrol and link their bank accounts with one-time verification from the bank, after which they can use the platform for services of fund transfer, online payments and creditor/biller payments including online fund transfer, government tax payments, credit card bill payments, mobile wallet top-up, share broker payments, among others.

Various merchant based payments can also be availed by the customers where payment processor (gateway) of connectIPS has been added.