More than 1 trillion 41 billion payments from Connect IPS in the month of March

The country’s digital payment transactions are increasing. Electronic transactions are increasing even more when the lockdown is going on due to corona infection.

If we look at electronic transactions, Connect IPS is increasing every month. According to the data of 9 months of the current financial year published by Nepal Rastra Bank, 1 trillion 41 billion 802 million rupees have been paid from Connect IPS in the month of March.

This is 31 billion 23 billion more than the previous month.

This month there has been a significant increase in the number of payments. In the month of Chait, there were 20 lakh 38 thousand 465 electronic transactions.

In the first month of the current financial year i.e. July, 51 billion 50 million was paid. Payments made through mobile wallets in nine months are 11 billion 21 million rupees.

Similarly, the National Bank has mentioned that the payment made through QRcode is 2.72 billion rupees.

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