Payment Solutions for Nepal are now available, including a one-link payment service.

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The One Link Payment Service, provided by Nepal Payment Solutions Private Limited, is now operational. Siddhartha Bank has been the first financial institution to use the integrated payment gateway’s digital payment services.

With the launch of service, users will be able to pay and receive through a single link, eliminating the need for complicated connections with other payment service providers.

Simply put, One Link simplifies digital transactions by allowing for payment with a link sent via SMS or email. Users can also make through messaging apps such as WhatsApp, Viber, and other similar services. One Link is a platform for online transactions that serves as a significant to mobile banking (conventional mobile banking).

A traditional configuration required customers to handle digital with a single payment choice through manual detail in order to complete the transaction. was a time-consuming and inconvenient process. Users will be able to access all of the payment platforms available in Nepal, including eBanking, mBanking, IPS Connect, and digital wallet payments, through One Link.

According to the next-generation payment service provider, it has begun the service for credit card bill just for the time being. However, if the company grows, it will soon be able to process loan payments and provide a variety of additional services.

In conclusion, One Link Payment Solutions will be beneficial to all customers, including individuals, small and medium-sized enterprises (SMEs), micro and small-sized enterprises (MSMEs), and even customers.

 

Nepal Payment Solution is an aggregator service that primarily serves banks and financial institutions, remittance organizations, payment service providers, and small and medium-sized businesses. The NPS has formed partnerships with the vast majority of A-class, B-class, and C-class banks, as well as other non-bank financial institutions, to provide its services. NPS will continue to remain at the heart of things, facilitating electronic payment between various banks and financial organizations.

As it matures, it will strengthen a strong fintech network that already includes 40+ banks, 50+ remittance companies, and 20+ digital financial institutions.

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