What is connectIPS? Nepal Clearing House explains it for you

Nepal Clearing House (NCHL) came into existence under the initiation of Nepal Rastra Bank (NRB) along with other financial institutions. It has the objective of establishing multiple payments, clearing and settlement systems in Nepal with long term objective to establish a national payments gateway to facilitate electronic payments and financial transactions within the country.

Similarly, connect IPS is a single payments platform that allows the customers to link their bank account(s) to enable payment processor, fund transfer and biller payments. An extended product of Nepal Clearing House to support  citizen-to-government (C2G), customer-to-business (C2B) and peer-to-peer (P2P) payment transactions directly from/to the bank accounts. This is currently available on online channel whereas other channels will be added soon. For further information you can visit connectips.com

Recently NCHL has come up with videos that elaborates how one can use the connectIPS and enjoy the benefits this system can provide. First of all, understanding what it is, is imporatant. It is a simple, secured, trusted and convenient platform for immediate electronic payment. You can find out further learn about connect IPS through this video.

Once you know about it, here's how you can enroll in connectIPS.

Similarly, you can also make government tax payments of all types through connectIPS.