Banking and Digital Payment Growth in Nepal
Nepal is rapidly moving toward a digital economy. More people now use mobile banking, QR payments, and digital wallets instead of cash.
From shopping to paying utility bills, digital payments have become a part of daily life in Nepal.
According to recent reports, digital transactions in Nepal crossed Rs 98 trillion in fiscal year 2024/25, showing strong growth in the banking and fintech sector. (CEO Tab)
Digital Payments Growing Fast
Digital payment systems have expanded quickly in the last few years.
Key growth statistics include:
Nepal’s total digital transactions increased by 71% in FY 2024/25. (CEO Tab)
QR-based payments grew by 91% in one year. (NEPSE Trading)
Mobile banking transactions crossed Rs 5 trillion. (NEPSE Trading)
QR payment transacti...