Every year, F1Soft International invites the top delegates from the banking industry for an evening of updates and networking. The event, called F1Soft Bankers’ Meetup, informs the audience about F1Soft’s achievements, current work, and vision for the future. The most recent iteration of the Bankers’ Meetup 2023 was held at Hotel Yak & Yeti. After …
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The Rise of QR Payments in Nepal: A Case Study Fonepay QR payments started in 2019, and have been adopted at an astonishing rate by both consumers as well as vendors. QR payments are fast, convenient, easy to use, and extremely retentive in nature. People who start using QR payments adopt it at a high …
Digitizing Instant Credit; Low Risk, Low Hassle, High Potential Credit access is limited in Nepal. There are 44 million bank accounts in a country with a banked population of 18 million, equating to a ratio of 2.5 bank accounts per banked person. However, barely 2 million of these accounts are credit accounts, which is less …
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A Look at the Rise of Digital Payments in the Past Two Years NRB has recently declared the fiscal year of 79/80 to become the “Digital Payments Year”. Digital payments are growing in popularity, and provide several benefits, both to the users as well as service providers. Looking at the rising popularity of digital payments, NRB’s …
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The Digital Payment Landscape: A Tale of 3 Neighbors Nepal has a truly unique geography. It’s a small developing nation, sandwiched between two world superpowers. It does get inadvertently drawn into tugs-of-war between the two when they try to establish their influence in the region. Nepal has not faced the trials and tribulations that its …
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3 Ways Siddhartha Bank Excels at Engaging Mobile Banking Users Mobile banking in Nepal is getting more popular everyday. According to the monthly report published by PSD – Nepal Rastra Bank, registered mobile banking customers in Nepal number at around 1.7 crores, which is almost double the number of debit and credit card holders. However, …
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