Mobile banking users reach 29.4 million as digital transactions surge
Summary
Mobile banking users in Nepal reached 29.4 million by mid-March, with significant growth in digital transactions and extended digital connectivity, alongside infrastructure developments including expanded road networks and online governance services.
Key Points
- Mobile banking users in Nepal have reached 29.4 million as of mid-March.
- Digital transactions via QR code have surpassed Rs125 billion with multiple payment operators active.
- Mobile telephone and internet penetration have reached 103.2 percent and 145.7 percent respectively.
- Nepal added 456 kilometres of new blacktopped roads, increasing total blacktopped roads to 20,456 kilometres by mid-March.