• Ntc
  • Ncell
  • Samsung
  • Apple
  • Xiaomi
  • 2G to 5G
  • Namaste Wifi
  • NTA
  • Best ISPs
  • About us
NepaliTelecom
Advertisement
  • Home
  • Telecom News
    • News
    • NTA
    • Ntc
    • Ncell
    • Smart Cell
    • Digital Nepal
  • Gadgets
  • How To
  • Editors’ Pick
  • Contact us
No Result
View All Result
NepaliTelecom
No Result
View All Result
Home Apps

eSewa: Revolutionizing the digital Payment in Nepal

Sanjeev Dulal by Sanjeev Dulal
August 18, 2022
in Apps, Blogging, Digital Nepal
0
Share on FacebookShare on Twitter

I don’t think there’s anyone who hasn’t heard of eSewa these days. eSewa has become the preferred option for people who do cashless payments. Founded in 2009, eSewa is Nepal’s first mobile wallet. It carries out over 200,000 transactions every day and has become a locally grown strong brand.  eSewa is the secure, easy and common platform for the customer to pay online. eSewa digital payment wallet or mobile wallet can be accessed either from their website or the mobile apps.

F1Soft, the developer of an online payment gateway with an integrated mobile/electronic wallet has branded and operated as eSewa. It is the first and leading online payment gateway of Nepal. There are more than 8 lakhs (0.8 million) active customers of eSewa at the present who access their services through the web or their mobiles. The number is known to rise high with the increase in smartphone and internet penetration. The reason is also due to people’s preference for the digital payment for being effective solution. eSewa, being the first in this sector has already revolutionized the way people do payment. We can expect in near future that almost all transactions and payments will happen cashless.

eSewa has become my payment companion from a long time. As a customer of eSewa for more than 4 years, I have shared my personal review and the positive, negative aspects below.

What is eSewa?

Simple answer: eSewa is a Digital Payment Portal which allows people to make online and offline payments. eSewa can make payments to various merchants like telcos, ISP, stores, movie theaters etc. It is an electronic wallet which allows users to transfer and deposit money on various banks. For example, with eSewa you can top-up your mobile, pay postpaid, landline and ADSL bills, buy bus tickets, airlines tickets and movie tickets, transfer money from one bank to another.

Why use eSewa?

  • Mobile Phone Recharge and Topup
  • Electricity Bill Payment
  • Drinking Water (Khanepani) Bill Payment
  • Airlines / Bus Ticketing
  • Movie Ticketing
  • ISP Bill Payment
  • School/ College Fee Payment
  • Credit Card Payment
  • Bank Deposit and Remittance
  • Insurance/ EMI/ Finance Payment
  • Events and Fairs Ticket(Cricket, Football, Concert, etc.)

There are more than 100 similar services that are made available by eSewa.

How to use eSewa?

Registering in eSewa is really simple. There are two options for eSewa registration. You can register with the mobile device or through the web. Mobile registration can be done by sending “REG” to 32121. https://www.esewa.com.np is the web portal for web registration. The user can register by following the instruction provided in the portal. eSewa app is available in both the android play store and iOS store.

 

This is how eSewa web looks like.

How to get optimum services from eSewa?

eSewa has got a license for payment gateway service provider from Nepal Rastra Bank. Recently, Central Bank gave permission letter to the company. Now eSewa is making digital wallet more managed and expansive. The wallet now even works as money transfer for the exchange of money between two users.

According to the rule, to use eSewa to the fullest, customer need to fill Know York Customer (KYC) form which includes identification document of the customer. Documents include citizenship certificate or any identifying document along with passport sized photo. Customers cannot do the transaction of more than Rs. 500 without filling KYC form.

eSewa is leading the market since its establishment. There are other rivals in the market competing with eSewa but eSewa provides far more services than the rivals. This is the key point which makes eSewa ahead of all the rivals like Khalti, iPay etc.

Limitations

The major financial governing body of Nepal, Central Bank wants to limit the use of digital wallet. Currently, a user can load up to 1 lakh rupees in a verified account in a day but this will not continue further. Central Bank is implementing the rule of 50,000 rupees per month transaction through one account a month. This will be implemented soon and this limits the use of eSewa. Those who do a large amount of transaction cannot get most out of it.

As we are talking about the cashless future, this type of limitations form the governing body of the nation limits or restricts the cashless transactions in the future.

Conclusion

To sum up, using eSewa is very beneficial for me. It is an internationally recognized app which saves both time and money. It’s really easy and convenient to use. There are huge number of services that we can get with eSewa. Of course, they are adding more services in near future.

Security is the major thing to take care while using the service. For the security purpose, they also bind our smartphone with the eSewa app, so that if someone else gets our pin, that person can not access our account from mobile. But for the web, if you know the password, they can access any account. So we recommend strong password and saving PIN code secretly. A small mistake may lead to a huge loss.

Why do you think about eSewa? Do you agree with the policy of Rastra Bank? How many years have you been using the service? Which is the best part of using eSewa? Share your experience with us in the comment section below.

Comments
Tags: appscashless paymentdigital paymenteSewamobile walletonline paymentpayment gateway
Previous Post

Ncell adds 15 lakh subscribers in year 2017

Next Post

Vivo Apex launched with on-screen fingerprint reader; Specs, Launch Date & more

Sanjeev Dulal

Sanjeev Dulal

A tech enthusiast who loves traveling and blogging.

Related Posts

eSewa Samsung offer
Apps

Buy a data pack or top-up your balance on eSewa, win Galaxy Fold, Flip, or a smartwatch

September 29, 2023
sparrow sms rebranded
Apps

Sparrow SMS Rebranded with New Features: Transition to Enterprise Meassing

September 21, 2023
Viber commitment in Nepal
Apps

Rakuten Viber Strengthens Commitment in Nepal With Travel, Food And Sports Initiatives

September 20, 2023
fonepay-npci-cross-border-qr-payment
Apps

FonePay and NIPL launch Cross Border QR payment between Nepal and India

September 9, 2023
cross-border payment nepal and india
Apps

Cross-Border Payment Between Nepal and India Commences

September 8, 2023
Daraz Like New Buy used Secondhand phones in Nepal
Apps

Buy second-hand phones on “Daraz Like New” | Features, phones, and best deals

September 3, 2023
Next Post
Vivo Apex launched with on-screen fingerprint reader; Specs, Launch Date & more

Vivo Apex launched with on-screen fingerprint reader; Specs, Launch Date & more

You may also read

Register Phone IMEI number online NTA

NTA’s Online registration of Mobile Phone IMEI in MDMS

August 29, 2023
Best Phones Under 20000 in Nepal

Best Phones Under Rs. 20000 In Nepal | Latest 2023 Update

August 27, 2023
SMS Ntc Ncell Smart Cell

How To Solve SMS Problem in Ncell, Ntc, and Smart Cell; Top 5 Methods

January 30, 2021
Nepal Telecom Ntc eSIM

Ntc launches eSIM Nationwide | Learn how to activate?

May 28, 2023
Samsung Mobile price in Nepal

Samsung Mobile Price in Nepal [September 2023 Update] | Specs

September 1, 2023
Ntc FTTH

Nepal Telecom FTTH Fiber Internet: Price, Speed, Offer, Combo Packs

August 10, 2023

© 2023 Nepalitelecom

No Result
View All Result
  • Home
  • Telco News
  • Gadgets Nepal
  • Nepal Telecom
  • Ncell
  • Digital Nepal
  • How To
  • Editors’ Pick

© 2023 Nepalitelecom