Mega Bank joins hands with MOCO Digital wallet The Mega Bank Nepal Limited has joined hands with MOCO, a digital wallet launched by FOCUSEONE Payment Solutions, a licensed Payment Service Provider with Nepal Rastra Bank (NRB). Business 06 Jan, 2022
Trump bars US transactions with eight Chinese apps including Alipay WASHINGTON: US President Donald Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay mobile payment app, the White House said, escalating tensions with Beijing two weeks... Women 06 Jan, 2021
Alipay gets permission to do business in Nepal Kathmandu, February 26 Alipay, a China-based payment service provider, has been granted permission to operate its electronic payment service in Nepal. Nepal Rastra Bank (NRB) recently granted permission to Alipay to conduct its operations in the... 27 Feb, 2020
WeChat Pay gets permission to do business in Nepal Kathmandu, February 9 WeChat Pay, a China-based payment service provider, has finally received permission to operate its electronic payment service in Nepal. Nepal Rastra Bank (NRB) recently granted permission to WeChat Pay to conduct its... 10 Feb, 2020
Decade in Review: What the smartphone has wrought Dec 23: When the first Apple iPhone hit the market in 2007, not everyone was convinced it would supplant the flip-phone. When Google's Android software system arrived a year later, the Blackberry still seemed to have bright future. But with the... Mobile & Apps 24 Dec, 2019
QR code payments: For financial inclusion Having QR doesn’t just make payments simple, secure and affordable but also helps the government in generating more taxes, contributing to economic prosperity. To acquire QR code payments, a PAN number and bank account are required With innovation... 20 Dec, 2019
Alibaba�s Ma steps down as industry faces uncertainty BEIJING: Alibaba Group founder Jack Ma, who helped launch China’s online retailing boom, stepped down as chairman of the world’s biggest e-commerce company Tuesday at a time when its fast-changing industry faces uncertainty amid a US-Chinese tariff... 10 Sep, 2019
Digital payment The recent ban on Chinese digital wallets, namely We- Chat and Alipay, in Nepal has grabbed media attention. Nepal Rastriya Bank resorted to the ban because those payment systems were not registered in Nepal. When Nepal is expecting many Chinese... 06 Jun, 2019
Threat to shut down WeChat Pay KATHMANDU: Nepal Rastra Bank, the central bank, has warned that it may have to direct domestic telecom companies to block the service of WeChat Pay in Nepal, as neither the Chinese payment giant nor firms authorised by it have formally applied to... 01 Jun, 2019
Alipay to formally start its service in Nepal soon Kathmandu, May 31 If things go as planned, Chinese mobile payment giant, Alipay, will formally start its digital payment service in Nepal within a few weeks. The business head of Alipay and heads of compliance, legal and account departments of... 01 Jun, 2019
China�s mobile payment giants relent Kathmandu, May 23 Two Chinese mobile-payment giants, WeChat Pay and Alipay, which have been banned from offering digital payment services in Nepal, expressed interest to work in cooperation with authorities here to make sure transactions they... Travel 24 May, 2019
EDITORIAL: Register pay apps Nepal should take up the issue directly with the Chinese government, which must show magnanimity and support to resolve it The Nepal Rastra Bank, the central bank, must be lauded for taking a quick decision to place a ban on the use of Chinese digital... 22 May, 2019
