Nepal’s digital transactions up by 71 pc to Rs 98.43 trillion last FY
Summary
Nepal's digital transactions surged by 71% to Rs 98.43 trillion in the last fiscal year, with significant growth across RTGS, mobile banking, and QR-based payments.
Key Points
- Nepal's digital transactions reached Rs 98.43 trillion in FY 2023/24, a 71% increase from the previous year.
- Digital transactions have nearly tripled over the last five years from Rs 34.42 trillion in FY 2020/21.
- RTGS platform processed Rs 74.9 trillion in transactions in FY 2024/25.
- Mobile banking, Connect IPS, debit cards, ATMs, and QR-based payments all contributed significantly to digital payment volumes.
