Digital technology, a word that has completely rewired the way we work, is not a new term at all. It already has been recognized as a turning point for many industries, enabling them to change their entire game. And now,
Tag: mobile money
Challenges of Digital Payment in Nepal
It has been more than a decade since digital payments were first introduced in Nepal, with Kumari Bank being the pioneer in 2002 to be exact. Yet, in 2018, after almost 16 years, we are still in the crawling stages
Most Nepalis withdraw money through bank teller, and a fraction through ATM: The trend of money withdrawal in Nepal
As per the latest statistics from Nepal Rastra Bank (Mid-May 2018), the entire country has a total of 3894 bank branches, 23.78 million bank accounts, around 4 million mobile banking customers and 0.78 million internet banking customers. Similarly, as per
Widespread mobile phones can deliver banking services to the poor: World Bank
The spread of mobile phones to all corners of the world offers the opportunity to deliver banking services to the poor and rural areas, improving lives, the World Bank said in a report on Thursday. Access to a bank account