Kathmandu. The Nepal Rastra Bank (NRB) has exposed the fact that there is misleading trade in the market through honest money. KATHMANDU: Nepal Rastra Bank (NRB) has revealed the serious fact that some wallet companies have issued e-money equivalent to more than the actual savings in the banks. This has exposed the fake business that has been going on for years.
According to the payment system inspection report, it was found that more digital currency was sent to the customer’s wallet than the amount in the settlement bank account.
According to the central bank, there is a fear of a serious crisis in the payment system at any time and the wallet itself will collapse. According to the NRB, further monitoring will be increased in this regard.
Meanwhile, the Nepal Rastra Bank (NRB) has taken action against more than a dozen wallet and payment service companies for violating the rules. Nepal Rastra Bank (NRB) has revoked the license of Paywell Nepal Pvt. Ltd. and Sajig Pay Payment Services on Asar 5, 2082.
Similarly, Prabhu Technology, Khalti Pvt. Ltd., i-Cash and Fintech Pvt. Ltd. have been warned on different dates.TAG_OPEN_a_11 During the inspection conducted by the Rastra Bank, it is understood that the most common deficiency was seen in e-Sewa. During the inspection conducted by the Rastra Bank, it is understood that the most common deficiency was seen in e-Sewa.
Payment-Oversight-Report-2024-25-1
