Kathmandu, Mar 20
Nepal Clearing House Limited (NCHL)
has waived transactions fees in connectIPS
e-Payment system for all the services available on the real-time retail payment
platform for a month till mid-April.
It said that the announcement was
made with an objective of helping to reduce customer flow at the bank branches
in the present context.
All services within connectIPS will be free for the sending customers
of the member banks and financial institutions, including mobile/internet
banking channels of the BFIs and other technical/indirect member institutions.
“Amidst the current situation, it
is prescribed to take precautionary measures by avoiding crowds and restricted
physical movements,” said the company.
However, the financial transactions
being one of the basic services, this initiative of NCHL is expected to help
the general public to some extent by using digital and online channels for
their payment service needs, it further said.
connectIPS e-payment system allows to link multiple bank accounts for fund transfer
and service payments up to Rs. 1 million per transactionin web and Rs.100,000 per
transaction in mobile App.
Published in The Rising Nepal daily on 21 March 2020.
No comments:
Post a Comment