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
The price of chicken meat has decreased
Kathmandu. The price of chicken meat has decreased in the market. The National Poultry Sales Traders Association has informed that the price of meat has been reduced with effect from Wednesday. According to the federation, the price of chicken mea...
Cash transaction limit of 5 lakhs maintained, 10 lakhs system abolished
Kathmandu. Nepal Rastra Bank has implemented a system where cash cannot be withdrawn by exchanging checks worth more than 5 lakh rupees. The Central Bank has made it compulsory to have an account payable when issuing checks above 5 lakhs. The limi...
Adding date of commercial production of hydropower projects
Kathmandu. The Nepal Electricity Authority has prepared to add RCOD to the final date for starting commercial production of hydropower projects that have not been able to start commercial production due to various reasons despite the PPA.
Th...
The budget is meant to feed the ambitious and wealthy, the target is not met: Former Finance Minister Mahat
Kathmandu. Former finance minister and Nepali Congress leader Dr. Prakasharan Mahat has commented that the budget for the next financial year 2083-84 brought by the government is very ambitious and it has taken a policy to feed the rich class rath...
6 thousand 40 cylinders of gas are being distributed today
Kathmandu. Nepal Oil Corporation has increased its vigilance to prevent artificial shortage of cooking gas in the market and has asked consumers not to stock up unnecessarily. Chandika Prasad Bhatt, executive director of the corporation, clarified...
NEPSE decreased by 2.25 points, trading at 5.52 billion
Kathmandu. On the first day of the week's trading, the stock market fell by a few points on Monday. According to Nepal Stock Exchange (NEPSE), the NEPSE index decreased by 2.25 points to 2641.58 points.
Out of the 13 sub-groups traded on Mon...