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 decision is a welcome one.

Historically, NRB has closely monitored digital payments. However, the policies so far have been focused on regulation. The announcement of FY 79/80 being the “Digital Payment Year” should move the focus from regulation to the much-needed realm of promotion. But how did we get here? Has digital payments been on the rise? Download our report to find out.