Nepal Digital Payment Company, Nepal Telecom's affiliate, has sent a request to Nepal Rastra Bank (NRB) for a license to run a mobile cash facility. To run the digital payment service using a mobile number, the organization seems to have built up all the necessary facilities. Nepal Telecom will formally begin offering mobile money services in Nepal from the Nepal Digital Payment Company after acquiring the license.

Phase of Licensing

The mobile money directives were accepted by NTA approximately a year ago. Six months ago, Nepal Telecom got a letter of intent (LOI) from Nepal's Rastra Bank. According to the requirements of LOI, within six months of acquiring LOI, the organization needed to set up company facilities, hardware, and applications for running mobile money service. As a result, Nepal Digital Payment Company has applied for a license for digital payment using mobile cash after six months of planning.

As per the report, published in Kantipur Mr Dilli Adhikari, MD of Nepal Telecom, submitted a license application to the NRB on January 10. He also announced that the implementation process for technological frameworks, applications and legal infrastructure was complete.

Nepal Rastra Bank (NRB) will now track and issue approval for the company's overall scheme. This indicates that the Mobile Money Service of Nepal Telecom will run in the month of Falgun, 2077, as NRB control and authorization could take some time. Nepal Digital Payment Company is a joint venture formed with the approved capital of NRs between Nepal Telecom and Rashtriya Banijya Bank (RBB). Of 1 billion.

So far, the Top Digital Payment Wallets in Nepal are identified by many digital payment service providers in Nepal. Nepal Digital Payment Company may be the pioneer in Nepal's digital payment field with the licensing and launch of the mobile money service, if anything goes according to the scheme.

There are different fascinating aspects of the mobile money app, such as providing a wallet attached to the mobile number itself.

How do they handle the balance in the Mobile Cash Department?

They will hold two different wallets or account for your mobile number, as they are known. One is for the daily smartphone balance (main balance) and another is for the wireless money wallet to be used. Taxable sums such as VAT, telephone operation fees and cell ownership fees are added to the key balance, according to the source. Therefore, to prevent tax inclusion in the wallet portfolio, the primary balance would not combine with the wallet fund.

For now, you will have the option of using a recharge card to load mobile cash. During recharging, we may opt either to retain the recharge number in the wallet or in the main balance.

Another feature is that a bank account connected to it is not provided by the service to conduct transactions. Many digital payment systems need a bank account to which they are connected. But the customer does not even need a bank account to use digital payments from the mobile money app. As well as the wallet fund, the customer can use the recharge card to recharge the phone balance. The smartphone balance will then be used to buy products and services, to pay taxes, to buy records, and so on.

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Nepal Telecom has launched the 4G high-speed internet service in several towns from Birtamod in the east to Mahendranagar in the west in all seven states. According to Company Spokesperson Pratibha Baidya, the distribution of 4G SIM card on a discount price has begun and customers can change their cards. Similarly, the Company is also focused on strengthening the service.

A promotional programme was organised in Birtamod of Jhapa on November 20 and in Birgunj of Parsa on November 8 and 4G SIM cards were distributed on the occasions.This programme has also been scheduled for November 12 in Ramlila Ground in Nepalgunj, for November 14 at Eye Hospital area in Surkhet, for November 16 at an Open Theater in Mahendranagar and for November 20 at Amarsingh Ground in Pokhara.

 

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Nepal Telecom (Ntc) has enhanced its 4g LTE speed with the latest system upgrade. NTC had announced the system upgrade to make people aware of the possible disturbance during the actual work. Now that the upgrade is successful, we found a huge leap in Ntc 4G speed.

Some users might have experienced problems during the upgrade and as per some customers, they had found issues in 4G browsing the day after. Some online news reports quoting the spokesperson of Nepal Telecom as the issue will resolve within a day or two.

According to NC spokesperson Rajesh Joshi, said performed migration to new PCRF (policy and charging rules function) having bigger capacity. They also ask the customer to put“ntnet” as an Access Point in their mobile data settings. Now they will also send an alert notification two times after consumption of 80 percent and 100% volume in the data pack.

Nepal Telecom has been expanding its 4G LTE network throughout the country. Till now, there has been the commercial operation of more than 2000 mobile towers covering all the 77 districts of the country.

For this, go to the mobile setting and remove the Proxy IP and port from APN and get the quality internet service.

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Nepal Telecom has provided various offers in FTTH with effect from Thursday. Under this, the company has made Fiber to the Home (FTTH) service more customer-friendly by packing data and combo.

The company offers FTTH data packs of 20 and 50 Mbps for one month, three months and 12 months at different rates. Under this, 20 Mbps internet will be available for one month at Rs 1,200, three months at Rs 3,600 and one year at Rs 14,400.

Similarly, the price of 50 Mbps internet has been fixed at Rs 1,800 for one month, Rs 5,400 for three months and Rs 21,600 for 12 months. Similarly, Telecom has unveiled another pack called Combo under FTTH. Under this, internet and voice services of 15, 25 and 60 Mbps will be available.

A one-month package of 15 Mbps is available at Rs 1,000, a three-month package at Rs 3,000 and a 12-month package at Rs 12,000. Similarly, the internet package with 25 Mbps speed has been fixed at Rs 1,500 for one month, Rs 4,500 for three months and Rs 18,000 for 12 months.

Similarly, a one-month pack of 60 Mbps will be available at Rs 2,000, three-month pack at Rs 6,000 and 12-month pack at Rs 24,000. Each combo pack will have 250 minutes in a month pack, 750 minutes in a three month pack and 3,000 minutes in a 12 month pack.

Similarly, when buying a 12-month pack, it can be used for up to 14 months with an additional two months. In this regard, the cheapest package of the telecom 15 Mbps speed internet for one year will cost only Rs 857 per month.

 

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