NEPALPAY Instant Offers Free Fund Transfers for Digital Transactions

To promote digital transactions during the festive season, NEPALPAY Instant is offering free mobile number-based fund transfers to bank accounts until 30th Ashoj, 2081 (16th October 2024).

Users of selected BFIs enabled with NEPALPAY Instant and connectIPS can transfer funds for free to 26 BFIs and primary connectIPS accounts.

NEPALPAY Instant utilizes a virtual payment address (VPA) based on the beneficiary's mobile number for direct credit.

This service is currently available through several banks, including Sanima Bank, Global IME Bank, and Nepal SBI Bank. For more details, users can contact their bank or visit the NEPALPAY website.