• Ntc
  • Ncell
  • Samsung
  • Apple
  • Xiaomi
  • 2G to 5G
  • ISP
  • NTA
  • Tariffs
  • About us
Tuesday, May 13, 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

PayPal launching soon in Nepal! NRB, Fonepay make initiation

Dinesh by Dinesh
February 20, 2025
in Apps
Reading Time: 3 mins read
Paypal launch in Nepal

The world’s leading online payment gateway PayPal could soon enter Nepal. News has emerged that Nepal Rastra Bank (NRB) is trying to collaborate with the American digital wallet to reinforce international payment for Nepali users.

The federal bank NRB has made attempts at establishing contact with PayPal, an American multinational electronic payment company. The regulatory bank’s deputy governor Bam Bahadur Mishra confirmed that the bank has sought to connect with PayPal to launch its services in Nepal. This could mark a major milestone in Nepal as it allows direct fund transfer for Nepalese living in and out of the country.

Mishra said that NRB wants to bring PayPal to Nepal to improve international payments for Nepalese. So far, Nepal-India international payment has started but the bank wants to expand the payment options beyond the two to multiple countries via a single platform.

Sharing further, Mishra added that the bank has also requested Fonepay and Standard Chartered Bank to get in contact with the California-based American digital wallet.

While most Nepali smartphone users either digital wallets, mobile banking apps, or QRs, using PayPal will unlock a new horizon in payment. It will allow international transactions with PayPal account holders across 200 countries and potentially bring transformative changes in the digital payment experience for Nepalese.

IF YOU WERE UNAWARE: PayPal like any mobile payment app, lets you add credit/debit cards, pay with QR codes, etc. It is similar to using any digital wallet in Nepal but is a globally used payment system.

PayPal-app

Also read: Payment limit in digital wallets, bank apps, QR codes

What PayPal will bring to Nepalese?

PayPal will bring a multitude of benefits to Nepal. For e.g., it will allow Nepalese living abroad to seamlessly send money to their relatives and friends in Nepal as it supports peer-to-peer (P2P) transactions. It may also remove the mandatory need to use a credit card to send money abroad.

Though not available in Nepal, PayPal is highly popular and used across 200 countries and regions so money transfer is its biggest and most immediate advantage.

Besides, having PayPal means Nepalese can easily create accounts on freelancer websites and receive payment in their own PayPal accounts. Its launch in Nepal will mean an end to dependence on their relatives’ and foreign agents’ accounts for receiving payment which is both risky and dangerous.

Also, the government has taken aim of importing IT services worth trillion. International payment services such as PayPal cam greatly contribute in such objectives.

Next, NRB can allow businesses to transact payments within a limit. PayPal makes it easy for Nepali users to receive foreign currency in their own accounts. This also means the regulatory bank can charge a slim fee and contribute to the government revenue.

Also: Hamro Pay goes standalone: Find Features

Anyway, PayPal is a much-anticipated electronic payment system for Nepalese and its launch in Nepal could inspire a new frontier for the country’s fintech landscape.

How excited are you with the news that PayPal could be coming to Nepal? Will it bring you direct benefits for your work or services? Do share in our 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

  • Apple brings iOS 18.5 with emergency satellite to iPhone 13
  • Nepal Telecom launches 4G network in Junichande, Jajarkot
  • Samsung Galaxy S25 Edge launch date confirmed, find rumors
  • Huawei announces application for Seeds for the Future Nepal
  • Ncell launches first Shop-in-Shop in Bhairahawa, what is it?
  • NTA warns not to continue unauthorized satellite internet at base camps
  • Daraz Brings 5.5 Sale, “Best Price, Best Deal Offer”
Comments
Previous Post

Samsung Nepal brings Circle to Search to Galaxy A devices

Next Post

The best Google AI features in Pixel 9 phones you must know

Dinesh

Dinesh

An experienced tech writer covering news mostly on telecommunication, internet, latest tech & trends, and Gadgets. Being a technophile, I am particularly fascinated by the evolution of mobile networks in Nepal from legacy networks (2G, 3G) to 4G (with VoLTE, VoWiFi, eSIM) and the prospects of the upcoming 5G, and equally enthralled by the development of internet from the dial-up connection to the 2 Gbps XGS-PON fiber broadband technology and their transformative impact in the country.

Related Posts

iPhone 13 Nepal price
Apps

Apple brings iOS 18.5 with emergency satellite to iPhone 13

May 13, 2025
Apps

Daraz Brings 5.5 Sale, “Best Price, Best Deal Offer”

May 5, 2025
Daraz Choice Channel
Apps

Daraz Nepal launches “Choice” to bring products in best prices

April 24, 2025
Load More

You may also read

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
Ntc Namaste Wifi service with 4G LTE router

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

January 29, 2025
Nepal Telecom Ntc SEE student SIM offer

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

March 27, 2025
Worldlink internet offers package price in Nepal

WorldLink Internet Packages: Price, Offers, FUP, 2025 update

March 2, 2025
Dish Home Fiber Internet

Dish Home Internet Packages and Price List in 2025

March 23, 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

  • Apple brings iOS 18.5 with emergency satellite to iPhone 13
  • Nepal Telecom launches 4G network in Junichande, Jajarkot
  • Samsung Galaxy S25 Edge launch date confirmed, find rumors

© 2025 Nepalitelecom

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

© 2025 Nepalitelecom