With the development of internet, lots of possibilities have emerged on today’s era. Internet has changed way of thinking and living of the people today. Now a days we don’t have to travel a mile to perform any kind of financial activities. We can do it by staying at a corner of our house, we can do any type of online business like online marketing, e-commerce, online sales, fund collections. And this all is possible through online payment System. There are many online payment systems in Nepal like eSewa Nepal
, PayWay, iPay
, Young Business Technology, Pay Bill
etc. Let’s then know about some payment gateways in Nepal.
eSewa is one of the largest payment gateway in Nepal, it is the first online payment system in Nepal and is also called Digital Payment Portal, which offers both online and offline payments to costumers, transfer funds to various banks and vice versa. It provides various services like paying internet bill, telephone bill, electricity and drinking water bill, online shopping, bus tickets/tours and travels, School and College fee, Insurance, Finance, EMI, Dish home, airline ticketing and movie tickets within a minute. Good thing about eSewa is that it offers free registration.
The plus feature given by eSewa
is that the registered user can receive money through various remittance like western union, from eSewa website or mobile applications available on android phones, iOS. Fund can be loaded to eSewa
account via internet or mobile banking of various partner banks
of eSewa in Nepal. On performing fund transfer to/from another bank we have to pay a minimal charge as per eSewa policies
.In addition to all this, eSewa provides reward platform in which users will be awarded some reward amount in most of the payments made through it like mobile phone recharge.
It is online payment gateway initiated by muncha.com which acts as an intermediary between the merchant and the shopper for purchase of merchandise online. iPay serves its customers to pay telephone bill, electricity bill, internet bill and other utility bills using iPay service. Further, one can buy recharge cards, top mobile phone in just few clicks. Flights booking for domestic airlines such as Buddha Air, Yeti Airlines, Simrik Air and Saurya Airlines are also available in iPay. Customers can also buy movie tickets, travel tickets of buses and manakamana darshan tickets with iPay. iPay also allows to pay the bills of various online shopping stores. iPay allows users to register for free.
The service allows everyone to add funds through bank accounts using e-banking service and credit cards without sharing their financial information. Currently, iPay
have signed up with some of the banks like Nepal Investment Bank, Kumari Bank, Laxmi Bank, Global IME Bank, NIC Asia Bank, Everest Bank, Prabhu Bank as their banking partners. In addition to all this, iPay operates on an exclusive reward platform in which users will be awarded some reward amount in almost every payment which can be instantly used.
Powered by PayMate declares itself to be the first of its kind. PayBill is the first of its kind mobile payment service in Nepal, which helps to transform your phone into a wallet. So, you can pay your utility bills, shop online, buy movie & airline tickets, send flowers & gifts, subscribe to newspapers and magazines, pay school and college fees, pay for goods at your favorite restaurant and retail.
is the revolutionary secured payment product through a Mobile Phone where every transaction is verified by an “Alpha-code” followed by “PIN Number” which is provided to every single user during the time of registration. The Mobile number is associated directly to the Bank Account where, the amount is debited from the customer’s account automatically through a secured channel without human interference. DishHome, Music Nepal, muncha.com, hamrobus.com are also its partner merchants. But it has only four member banks: Everest, Nabil, RBB and Citizen which may make subscribers difficult for transactions as eSewa(in case of member bank and banking transaction to the online payment gateways) but is more secure due to Alpha-Code security layer.
Next we have Khalti: Digital Wallet & Payment Gateway
service in our list. Khalti is owned by Sparrow Pay Pvt. Ltd a company functioning under its parent company Janaki Technology. Janaki Technology is a leading Tech Company in Nepal with its successful products like SparrowSMS
Khalti provides a range of payment facilities including Mobile Recharge Topup, DTH and ISP payments,Movie Ticketing and Airlines Ticketing. Currently there are more than a dozen of service associates which we can take benefit according to the services that we are using. NTC, NCELL, DishHome, SIMTV, WorldLink, Subisu, BroadLink, UTL are some service associates. Khalti.com also provides Bank-to-wallet, Wallet-to-wallet and Wallet-to-bank facilities.
Nepal Investment Bank limited and Machhapuchre Bank Limited are current banking partners for Khalti.com
The service is recently started in Nepal, but still it has some of the unique features that differentiates it from rest of the online payment gateways of Nepal. Web SDK, Android SDk, API Documentation, availability on multi platform (Android and IOS) are some of those features. On top of that, you will be satisfied with its User Experience. The app is easy to use with smooth user interface.
There are many other companies dealing with online transactions besides their regular tasks, but these are some companies working and dealing only for online payments.
The images areused from their respective official sites.