How to Use Digital/Mobile Wallet in Nepal

“Digital wallet” sounds fancy. Isn’t it? Well, Digital wallets are the way of using the money over the internet to purchase or bill payment or transfer. Digital/Mobile wallet helps to use the money for various purposes without having paper money. The digital transaction of money nowadays becomes more reliable than 10 years back. Before, you literally had to go a long way just to pay or receive payments. The best thing about the digital wallet now is that you can do all the payments and transfer with a single click.

Like in developed countries we have well known Digital Wallet platforms. Despite not being able to send/receive money from other countries, these wallets are quite famous here in Nepal. As International digital wallets are still not available to use in Nepal, we have to rely on our very own digital payment platforms.

This digital wallet payment is most preferred in the time of lockdown or pandemic as people cannot go outside due to the virus threat. Now with the COVID-19 pandemic, the digital payment through such wallet has soared significantly. We can expect people to continue it’s usage as they will be habituated with it and it is very convenient as well.

How to Load Amount

A user can directly load amount by depositing balance from bank accounts, using different methods. Nowadays loading funds to the wallet is also available in their mobile banking apps. You need to either take e-banking/internet banking or mobile banking service for your bank account. Some wallets can even load money using their ATM debit/credit card.

Web or mobile apps?

You can use the digital wallet either from the Web or from mobile apps. As they keep on adding new features in their mobile apps, Mobile wallet becomes more convenient. So, to use the digital wallet efficiently, we request to download the respective wallet app in your mobile either for Android or iOS.

Uses of Digital Wallet in Nepal

These wallets can be used for paying the bill and for many other purposes. Don’t have enough balance on your mobile? You can use a digital wallet to recharge your mobile balance. Other main usages of these digital wallets are:

1. Paying Internet Bill
2. Phone/TV bill Payment
3. Airline tickets
4. Buy movie tickets
5. To pay utility bills such as Electricity and Water
6. Mero Share renew.

There are 2 major digital wallets in Nepal Other than these we have many digital wallets.

• eSewa
  • eSewa is the oldest digital wallet in Nepal. One can create the account just by filling a simple form. And later they should send a copy of their national identity card (Citizenship/Passport) to verify their account.
  • The user can deposit money from a different bank like Prabhu Bank, Tourism Bank, and many other banks who are associated with e-Sewa. The user can have a transaction up to 5000 once and have some limit for the monthly transaction.

You can even pay the Bill from the e-Sewa as mentioned below:

1. Internet Bill
2. Flight Booking
3. TV Payment
4. Movies & Entertainment
5. Electricity and Water

• Khalti
  • This is another famous Digital Wallet in Nepal. Khalti itself sounds like something called pocket, where one can keep the money, and make the best use of this. By using Khalti you can pay the pending bill of different sectors.
  • To open the account in Khalti, you just need to go to their official Website and fill up a simple form and you are good to go. No need to send a copy of the national ID card.
  • You can load funds in Khalti by different methods Like E-banking, Mobile Banking, Bank Deposit and many more.  You can send receive money with a single click saving much time and effort. Here are the other things you can do with Khalti.
    • Flight Booking
    • Electricity
    • Dish Home
    • Insurance payment

We suggest you read the top digital wallets in Nepal.