QR code-based transactions almost double to Rs 958.38 billion in FY 2024/25 ( done)
Summary
Financial transactions via QR code doubled to Rs 958.38 billion in FY 2024/25, with a surge in electronic payments including mobile banking and RTGS in Nepal.
Key Points
- QR code-based financial transactions nearly doubled to Rs 958.38 billion in FY 2024/25 in Nepal.
- The number of QR code transactions increased by 86 percent to 315,742,000 transactions last fiscal year.
- Real Time Gross Settlement transactions rose 94.44 percent to Rs 74.901 trillion.
- Overall electronic transaction volume grew 71 percent, reaching Rs 98.428 trillion.
- Wallet transactions and e-commerce payments also saw significant growth, increasing by 67.26 percent and 53 percent respectively.
