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Mobile Banking at a Glimpse

Mobile banking has surged in popularity in recent years, thanks to its added convenience and ease. Its growth has been unparalleled due to its simplification of access to financial services. A noticeable trend in recent years is the increasing use of mobile banking for bill payments and fund transfers. Presently, a substantial portion of Nepal's population relies on mobile banking, with a significant portion of those users belonging to the F1Soft Network.

Registered Users of Jestha 2081

Mobile Banking In Comparison

The widespread availability of mobile banking and Fonepay QR (Nepal’s Largest Payment Gateway) each with a user base of 20 million+, offers greater accessibility compared to other electronic payment methods like POS machines and debit cards. This expanded access enhances the accessibility of mobile banking, making it a favorable option for managing finances.

See how mobile banking fares as compared to other means of electronic payments

QR Based Payment vs Pos User

Mobile Banking Customer vs Wallet User

Mobile Banking Customer vs Debit Card User

What’s happening in the F1Soft Network?

Playing a key role in Nepal’s digital ecosystem, the F1Soft network encompasses a wide array of banks, contributing to nearly 80% of the country’s digital transactions. Its widespread presence underscores its influence in shaping the economy of the country.

Transaction in Mobile Banking - Count of Jestha 2081

With mobile services thriving, the most popular transactions through mobile banking include mobile top-ups. Moreover, the user base of mobile banking can be seen to be on a consistent rise, with an average of 8,084 people registering for mobile banking daily.

Registered Users

Avg. Daily New Register Users of Jestha 2081 = 7,375
Avg. Monthly New Register Users of Jestha 2081 = 228,647

Mobile Topup

Avg. Daily Topup of Jestha 2081 = 359,900
Avg. Weekly Topup of Jestha 2081 = 2,519,301

Fonepay QR

Avg. Daily Fonepay QR of Jestha 2081 = 319,816
Avg. Weekly Fonepay QR of Jestha 2081 = 2,238,714

Fonepay Bills

Avg. Daily Fonepay Bills of Jestha 2081 = 12,792
Avg. Weekly Fonepay Bills of Jestha 2081 = 89,550

Fund Transfer

Avg. Daily Fund Transfer of Jestha 2081 = 322,698
Avg. Weekly Fund Transfer of Jestha 2081 = 2,258,892