Hello Everyone. Do you want to Know Which are the best Digital wallets in Nepal? Then you are in the right place. Today we have listed the Best Digital wallets in Nepal.
As we all Know, Digital Wallet is the online payment gateway through which you can pay online to various merchants. We can also call it a Cashless payment gateway. Digital Wallet is also known as E-wallet or Mobile Wallet. And its impressive feature is, we can transfer the balance between E-wallet to E-wallet for no cost. Nowadays you also can Send or Receive Money from Remittance in Digital Wallets.
There is so many advantages and disadvantages of using a digital wallet. So let’s jump into it.
Is there any Fees to use Digital Wallet in Nepal?
No. they do not charge fees to use E wallets. On the contrary, we can earn certain percentage of cashback and discounts on services.
How to load money in Digital Wallet ?
You can Load Digital Wallets using Bank’s internet banking, mobile banking, debit/credit cards, connect-IPS, bank deposit and Cash Points.
We can load money through E-banking or Mobile Banking service of almost every bank in Nepal and it’s totally free of cost. You do not need to pay a penny to load money through Banks to Digital Wallets.
Is it safe to make transactions through Digital wallets?
it is absolutely Safe. Because all All E-wallets are Approved and being monitored by Rashtriya Banijya Bank ( RBB). so, if you want to use E-wallets then you should verify your KYC (know your Customer).
Additionally, you can set passwords, pin lock or fingerprint lock in the app, as well as you can set lock before every transaction.
Can i make international Transaction through Digital Wallets ?
Not For now, we can not make international payment through Digital Wallets in Nepal Because RBB does not allow it. Recently We have heard that an international transaction gateway will be possible soon in Nepal.
List of Best Digital Wallets in Nepal
E-sewa is the first online payment gateway in Nepal. It is in operation since AD 2009 and licensed by Nepal Rastra Bank as a Payment Service Provider in Nepal. no doubt, esewa is the most trusted digital wallet in Nepal.
it has 1Millon+ Downloads on Google Play Store (on Feb 2021) and also huge downloads on Apple App Store.
|PARENT COMPANY||F1Soft International Pvt. Ltd.|
(little bit hard)
|APP RATINGS||4.0 stars (Play Store)|
Watch the full video to learn how to Create eSewa id / Account & How to Verify KYC
Khalti is also a revolutionary payment gateway and service provider in Nepal. khalti is the second Best Digital Wallet in Nepal It offers the safest and fastest online payment. It was launched in January 2017 and also licensed by Nepal Rastra Bank as a Payment Service Provider.
khalti is the fastest growing digital wallet in Nepal. Khalti was declared the global winner of Google Business Group Storytelling Contest 2017. Khalti has been identified out of many companies in Nepal with the potential to bring women and girls out of poverty.
|PARENT COMPANY||Janaki Technology|
|APP RATINGS||4.5 stars (Play Store)|
Watch the full video to learn how to Create Khalti id / Account & How to Verify KYC
Then on the list, we have the IME Pay. it is a subsidiary product of the IME remittance which is one of the leading remittance companies in Nepal.
And although it’s a fairly new player in the Fintech Nepalese market but this fast growth of the IME Pay is due to its huge baseband with its aggressive marketing campaigns. Recently they had sponsored “Lok Star” the biggest reality show in Nepal.
As mentioned earlier, IME is a remittance company so, IME Pay is more about a mobile remittance and less about the digital wallet.
|PARENT COMPANY||IME Digital Solution Ltd.|
|APP RATINGS||4.2 stars (Play Store)|
Watch the full video to learn how to Create IME Pay id / Account & How to Verify KYC
PrabhuPay is also a new player in Digital Wallet Market. PrabhuPay App allows its Valuable users to simplify the payment process With this App, the consumers can easily make payments for the purchase and services.
As it’s new its services are increasing slowly, but the available services are really smooth and trustworthy. UI is simply designed and easy to use. Security-wise, there is no compromised, there ise a PIN and a fingerprint verification as well.
Talking about its services, it also provides mobile top-ups, electricity bills, insurance premiums, internet, TV Payments etc. like its competitors.
theirs tagline is “”Now no need to carry your wallet around cause PrabhuPAY wallet is there “Wallet aba mobile ma” “”
|PARENT COMPANY||Prabhu Technology Pvt. Ltd|
|APP RATINGS||3.5 stars (Play Store)|
Watch the full video to learn how to Create Prabhu Pay id / Account & How to Verify KYC
Qpay is developed to simplify payments and brought forward a mobile-based payment solution. it is one of the Best Digital Wallets in Nepal. QPay users can make payments via their mobile devices for the products purchased and/or services availed. QPay Solution utilizes cutting edge technology to provide simplified payment solution to all the users (Consumers, Merchants and Financial Institutions).
|PARENT COMPANY||QPay Pvt. Ltd.|
|APP RATINGS||3.9 stars (Play Store)|
Watch the full video to learn how to Create QPay id / Account & How to Verify KYC
This is the list of Best Digital Wallets in Nepal 2021
1. E-Sewa – Nepal First Online Payment Gateway
2. Khalti – Digital Wallet
3. IME Pay
4. Prabhu Pay
in this article, we have discussed the top 5 best digital wallets in Nepal. We hope that today’s article has fulfilled your curiosity. if you like it don’t forget to comment and share this article with your friends.