connectIPS

connectIPS is built on top of the NCHL Interbank Payment System. A customer registers once, links one or more accounts held at member banks and financial institutions, and can then make account-to-account transfers to any member bank, pay billers and merchants, and make government payments.

Key features:

• Channels: web portal, mobile app (Android and iOS), payment gateway for e-commerce checkout and open APIs.
• Transaction types: person-to-person (P2P), customer-to-business (C2B) and citizen-to-government (C2G), such as tax payments to the Inland Revenue Department and contributions to the Employees Provident Fund and Social Security Fund.
• Money moves directly between bank accounts, so no separate wallet balance is needed.
• It supports QR payments through NEPALPAY QR and has been used for interbank cardless cash withdrawal.

Because it is bank-account based and interoperable across BFIs, connectIPS is a key channel for moving Nepal towards a less-cash economy. Fees and per-transaction limits are set by NCHL and member banks within NRB's directives.

NRB caps the fee for an interbank fund transfer made through a mobile app or internet banking at Rs 10 per transaction.

connectIPS नेपाल क्लियरिङ हाउसको अन्तरबैंक भुक्तानी प्रणाली (IPS) माथि बनेको सेवा हो। ग्राहकले एकपटक दर्ता गरी सदस्य बैंकका एक वा बढी खाता लिङ्क गरेपछि कुनै पनि सदस्य बैंकमा रकमान्तर, बिल तथा व्यापारी भुक्तानी र सरकारी भुक्तानी गर्न सक्छन्।

• माध्यम: वेब पोर्टल, मोबाइल एप, पेमेन्ट गेटवे र खुला API।
• कारोबार: व्यक्तिबाट व्यक्ति (P2P), ग्राहकबाट व्यवसाय (C2B) र नागरिकबाट सरकार (C2G) जस्तै आन्तरिक राजस्व विभाग, कर्मचारी सञ्चय कोष, सामाजिक सुरक्षा कोषमा भुक्तानी।
• रकम सिधै बैंक खाताबीच सर्छ, छुट्टै वालेट चाहिँदैन।
• NEPALPAY QR र अन्तरबैंक कार्डरहित नगद निकासीमा पनि प्रयोग हुन्छ।

मोबाइल एप वा इन्टरनेट बैंकिङबाट गरिने अन्तरबैंक रकमान्तरमा प्रतिकारोबार बढीमा रु १० शुल्क लिन सकिने व्यवस्था राष्ट्र बैंकले गरेको छ।