‘Secured Transfer’ service launched

Kathmandu, Jan. 9

Payment service provider eSewa has launched 'Secured Transfer' service in its operation for the first time. This feature allows the users to securely pay money and provide goods even to the strangers.

Ashish Gautam, Chief Manager of eSewa, said that the new addition to the service was launched to discourage the growing trend to asking money but not delivering the goods.

With this feature, all eSewa users can safely send money to another eSewa wallet. This feature can be used for remittances amounting above Rs. 1,000. The money will be released only after the goods are delivered to the buyer. “The sender of the goods should have to click on the request button upon the delivery of the goods and the recipient will release the money,” said Gautam.

The person sending the money will have to release the amount only after receiving the goods or services. If there was a dispute over whether the goods have been sent or not, it will be possible to make a complaint to eSewa with proof.

“eSewa believes this will also reduce fraudulent transactions,” said Gautam.

However, this feature is available for a fee. The ‘Secure Transfer’ feature can be used in over Rs. 1000 transactions. There will be a fee of Rs. 5 for transactions between Rs. 1,000 to Rs. 5,000 and Rs. 10 for transactions above Rs 5,000.

The feature is available in manual and automatic modes. 

Published in The Rising Nepal daily on 10 January 2022.