• Ntc
  • Ncell
  • Samsung
  • Apple
  • Xiaomi
  • 2G to 5G
  • ISP
  • NTA
  • Tariffs
  • About us
Friday, July 11, 2025
NepaliTelecom
  • Home
  • Telecom News
    • News
    • NTA
    • Ntc
    • Ncell
    • Smart Cell
    • Digital Nepal
  • Gadgets
  • How To
  • Editors’ Pick
  • Contact
  • About
No Result
View All Result
  • Home
  • Telecom News
    • News
    • NTA
    • Ntc
    • Ncell
    • Smart Cell
    • Digital Nepal
  • Gadgets
  • How To
  • Editors’ Pick
  • Contact
  • About
No Result
View All Result
NepaliTelecom
No Result
View All Result

Nepal Telecom Gets Approval From NRB to Operate Mobile Money Service

Dipika by Dipika
June 9, 2024
in Nepal Telecom, Telco News
Reading Time: 3 mins read
Nepal Digital Payment Company

Nepal Telecom’s subsidiary company has finally received approval from Nepal Rastra Bank (NRB). Nepal Digital Payment Company is a joint venture of Nepal Telecom (NTC) and Rastriya Banijya Bank (RBB). NT can now officially launch the mobile money service, which may perhaps take place after a month.  

After setting up the necessary infrastructure, the company sent an application to NRB requesting a license in January 2021. After monitoring the overall system of the company, NRB has approved the request application. 

Nepal Telecom mobile money service

Mobile money service linked with Mobile number 

The company will use Nepal Telecom’s mobile number as a digital wallet. According to Rastra Bank, the company can now operate like other mobile wallet companies. 

It means that the customer can use the balance left in the mobile SIM for digital transactions. However, the mobile payment fund will remain in a different account than the mobile balance.

This option makes mobile money cheaper since recharge includes tax. The only difference is that the mobile wallet service is used by linking the service with the NT SIM number. This mobile money service also enables USSD based payment. 

USSD is the code we use for several functions like checking mobile balance, subscribing data packs, transfer balance, etc. It can also be used for offline payments like that from SMS. Moreover, it is much more secure and faster than SMS. You can directly pay using *…# code from a smartphone as well as a feature phone. This kind of USSD service will be the first of its kind in Nepal, and its use may rapidly increase to wider customers in a short time. 

Do read: How to transfer balance in Ntc? Complete Process 2024

Mobile money service for greater mass 

Since it can be used offline, it is suitable for people in remote areas where there is no internet connection. Even people in rural areas can use a banking wallet to transfer money, pay electricity bills, water, telephone bills, and pay government revenue. 

This service operates conveniently on a smartphone, but the Ntc payment users can now also use feature phones to perform transactions easily. According to statistics, there are around 20 million NT sim users in Nepal. So, this service encourages mobile banking in a large community collectively. 

Checkout: Top Digital Payment Wallet/Services in Nepal

What are your thoughts on the license/permission granted by NRB to Nepal Telecom to operate a mobile money service? Tell us in the comment section below. 

Follow us on Facebook, Twitter, and Viber to get the latest news, and information about Nepal Telecom, Ncell, Smart Cell, ISPs, mobile apps, and phones in Nepal.

Latest Posts

  • Samsung launches Galaxy Z Flip 7 with Exynos 2500 chipset
  • Samsung Galaxy Z Fold 7 launched with just 8.9mm thickness
  • Dish Home becomes 2nd-largest ISP: Find fiber internet user detail
  • WorldLink secures $29 million investment deal with IFC, SCBNL
  • 4G users in Nepal: 2.54 crores | Latest NTC, Ncell figures
  • Nepal Telecom assures to restore internet speed amidst issue
  • WorldLink opens Nepal’s first internet Museum, history at display
Comments
Previous Post

MoCIT Assures Improvement In Telecommunication Service Quality At Affordable Price

Next Post

Toll-Free Numbers of ISPs in Nepal For Inquiry/Complain

Dipika

Dipika

Related Posts

4G users in Nepal Ntc Ncell
4G Nepal

4G users in Nepal: 2.54 crores | Latest NTC, Ncell figures

July 9, 2025
Nepal Telecom Ntc office
Nepal Telecom

Nepal Telecom assures to restore internet speed amidst issue

July 8, 2025
Nepal Telecom leaky feeder Nagdhunga-Naubise tunnel
Nepal Telecom

Nepal Telecom to implement ‘leaky feeder’ in Nagdhunga-Naubise tunnel

June 27, 2025
Load More

You may also read

Check SEE result grade marksheet

SEE Result 2081 is published: How to check online? Ntc, apps, SMS

June 27, 2025
Ntc FTTH

Nepal Telecom Fiber Internet: Price, Speed, Offer, Packs [2025]

April 16, 2025

How to identify Ntc Ncell Smart Hello mobile numbers? [2025]

January 28, 2025
Nepal Telecom Ntc SEE student SIM offer

Nepal Telecom Brings SEE offer | Free resource and bonus [2025]

March 27, 2025
Ntc Namaste Wifi service with 4G LTE router

Namaste Wifi | Ntc’s Wireless Broadband with 4G Router [2025]

January 29, 2025
how to check Ntc Ncell number owner name and transfer ownership

How to check Ntc, Ncell number owner name & Transfer Ownership

April 13, 2025
NepaliTelecom

Nepalitelecom.com is a website/blog which provides information regarding telecommunication in Nepal along with Gadgets and has been doing some research for the telecom market in Nepal. We intend to do more of such survey/research in the Nepalese Telecom sector.

SiteMap

📢 Follow us on Viber to get the latest news, and information about Nepal Telecom, Ncell, ISPs, mobile apps, and phones in Nepal.

Popular Categories

Ntc | Ncell | Telco News | ISP | NTA | Gadgets

Recent Posts

  • Samsung launches Galaxy Z Flip 7 with Exynos 2500 chipset
  • Samsung Galaxy Z Fold 7 launched with just 8.9mm thickness
  • Dish Home becomes 2nd-largest ISP: Find fiber internet user detail

© 2025 Nepalitelecom

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

© 2025 Nepalitelecom