Now in Nepal, payments can be made through digital wallets like Paytm and Google Pay. Nepal-based Gateway Payment Services Pvt. Ltd. will launch such service through Unified Payment Interface Nepal.
For that, Gateway Payment Services Pvt. Ltd. has entered into agreements with India-based NPCI International and Manam Infotech. With this agreement, the way is now open for the operation of an interconnected payment network between various banks and financial institutions and payment service providers of the two countries.
At the same time, arrangements are being made to immediately transfer money to any bank account and digital wallet account in Nepal through digital wallets including Paytm, Google Pay, PhonePay, BharatPay which are prevalent in India. After the launch of this service, Indian citizens and Nepali citizens living in India will be able to pay by scanning Nepal Pay based in Nepal Pay, Paytm, Phone Pay, Bharat Pay and other QRs when they come to Nepal.
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