NMB Bank launched 'Softpos' service, card payments can be taken from smartphones
-
Media Baaji
- Tue, 25 November 2025
Kathmandu. NMB Bank has launched Softpos service for the first time in Nepal. According to the bank, any supported Android mobile phone can be used as a POS machine. Through this service, small and medium enterprises and tourism enterprises, including other businesses, can accept payments through debit or credit cards on their mobile phones. The use of this service will enable businessmen to receive digital payments without the hassle of a POS machine.
According to NMB Bank, the aim is to make small traders, delivery services, and entrepreneurs in remote rural areas participate in the digital payment system through the use of Softpos.
Govind Ghimire, Chief Executive Officer of Nambi Bank, said, 'SoftPOS service is not just a new technology, it is a big step towards Nepal's entrepreneurship and digital future. The mobile phone in every merchant's pocket will now become a payment terminal, and business operations will be easier and safer.
The bank said that since SoftPOS will work in accordance with international security standards, safe and simple payment will be ensured for both merchants and customers.
Express
Related News
What is the exchange rate of which foreign currency on Thursday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 143 rupees 52 paisa and the selling rate is 144 rupees 12 paisa. Similarly,...
Tulsi Ram Agarwal, Chairman of Nishi Asia Bank, has resigned
Kathmandu. Tulsi Ram Aggarwal, Chairman of NISH Asia Bank, has resigned. Agarwal submitted his resignation letter in the meeting of the board of directors held on Sunday. The bank informed that his resignation was accepted at the same meeting. The...
The value of the US dollar is at an all-time high
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar increased further and reached its highest point so far. Acco...
1900 cooperatives in Kathmandu metropolis, half of them do not submit reports
Kathmandu. About 1,900 cooperatives are operating within the Kathmandu Metropolitan City. Even 50 percent of the operating cooperatives do not submit reports regularly. The fact that there are more cooperatives that do not report regularly means t...
Livelihood raised from goat rearing
Myagdi. Kul Bahadur Pun of Mangala Rural Municipality-2 Hidi has started earning lakhs of rupees annually from the farm he started with two goats four years ago. The 50-year-old has become self-employed and self-sufficient by operating a managed g...
Petrol and diesel prices stable
Kathmandu. Nepal Oil Corporation has decided to continue the retail sale price of petroleum products. Despite receiving the new purchase price from Indian Oil Corporation (IOC), the Board of Directors' meeting held on Monday decided not to change...