Nepal’s Payment System Indicators (2080–2082)

Warning!

Javascript is disabled for this website.

Javascript is required to use this website.

You won't be able to navigate in this website until you activate javascript.

Banking Analytics

Nepal’s Payment System Indicators (2080–2082)

Published: 18 September, 2025 | By: Tathyanka Admin

1. Access to Payment Systems

S.N.	Particulars	Numbers
		2080 Asar	2081 Asar	2081 Saun	2082 Asar	2082 Saun
		(Mid July 2023)	(Mid July 2024)	(Mid Aug 2024)	(Mid July 2025)	(Mid Aug 2025)
1	Payment System Operators (PSO) *	10	9	9	9	9
2	Payment Service Providers (PSP) *	27	26	26	23	22
3	PSP Agents	14,123	17,563	17,474	427,787	436,699
4	Wallet Users	18,941,793	23,461,107	24,257,656	26,765,660	24,439,439
5	ATM Machines (Terminals)	4,855	5,193	5,200	5,263	5,264
6	Debit Cards	12,245,485	12,893,528	12,997,305	13,665,792	13,661,821
7	Credit Cards	283,772	289,239	290,736	318,428	318,637
8	Prepaid Cards**	139,777	181,724	188,609	250,695	256,161
9	Mobile Banking Customers	21,363,989	24,648,846	24,961,165	27,741,284	27,988,708
10	Internet Banking Customers	1,856,195	1,919,322	1,962,827	2,219,341	2,250,772
11	Branch Less Banking	1,319	1,129	1,107	822	816
12	RTGS Participants	44	44	44	44	44
13	Connectips Users	1,108,436	1,276,886	1,299,076	1,441,471	1,460,804
14	ECC Members	53	54	54	54	54
15	IPS Members	115	132	132	139	142

* Other than BFIs

** Also includes card issued by PSPs

Highlights of Payment Systems

- Wallet users peaked at 26.7 million (2082 Asar) but slipped to 24.4 million in Saun 2082. This reflects post-merger adjustments after IME Digital and Khalti combined into IME Khalti Ltd.
- Mobile Banking Customers steadily grew to nearly 28 million, highlighting mobile-first banking adoption.
- PSP Agents surged from just 17,474 (2081 Saun) to 436,699 (2082 Saun) — a 25x jump — driven by NRB’s directive to convert sub-agents into full agents.
- ATM machines grew only marginally (4,855 → 5,264), suggesting a plateau in physical banking infrastructure.
- Debit cards grew slowly (12.2M → 13.6M), while Credit cards and Prepaid cards remained small but rising steadily.

2. Usage: Transaction Counts

S.N.	Particulars	Numbers
		2080 Asar	2081 Asar	2081 Saun	2082 Asar	2082 Saun
		(Mid July 2023)	(Mid July 2024)	(Mid Aug 2024)	(Mid July 2025)	(Mid Aug 2025)
1	RTGS	76,307	81,605	74,380	91,581	68,912
2	ATM-Cash Withdrawal	11,042,117	11,216,030	11,316,520	11,078,861	10,341,193
3	ECC	1,336,586	1,292,363	1,009,975	1,478,268	948,806
4	IPS	1,808,046	5,150,393	774,945	5,441,164	1,161,177
5	ConnectIPS	5,571,691	7,787,282	6,844,678	-	-
6	Debit Cards	11,838,532	12,040,786	12,173,494	11,971,300	10,960,119
7	Credit Cards	262,057	282,728	292,990	287,985	297,868
8	Prepaid Cards**	73,017	107,663	113,649	152,769	159,159
9	Internet Banking	315,202	351,301	409,065	564,047	558,326
10	Mobile Banking	28,903,872	45,669,301	47,460,245	65,500,157	63,174,594
11	Branchless Banking	73,215	75,501	91,775	82,400	81,793
12	Wallet	20,822,861	32,105,917	30,878,940	40,190,678	39,688,203
13	QR-Based Payments	9,766,216	20,825,615	22,934,627	40,236,413	40,928,768
14	Point of Sales (POS)	1,035,206	1,068,417	1,112,479	1,136,419	1,150,156
15	E-Commerce***	94,509	145,977	150,292	196,326	214,812
16	Faster Payment Systems	9,783,842	13,051,828	13,600,503	17,985,607	16,888,706
17	Cross Border QR Acquiring	-	-	38,206	155,304	133,107
18	Other Retail Payments	3,684,529	6,859,731	5,871,897	11,074,300	8,502,845

Highlights of Usage: Transaction Counts

- QR-based payments exploded: from 9.7M (2080 Asar) to 40.9M (2082 Saun) — a 4.2x increase.
- Mobile Banking transactions doubled, from 28.9M → 63.2M.
- Wallets grew strongly but dipped slightly after their 2082 Asar peak (40.2M → 39.7M).
- Debit card transactions declined (11.8M → 10.9M), while ATM withdrawals also dropped (11.0M → 10.3M).
- Faster Payment Systems (ConnectIPS, Fonepay, etc.) grew to 16.9M, a 72% rise.
- E-commerce (online card payments) nearly doubled (94K → 214K) but remains small in absolute terms.
- Cross-border QR acquiring, added in 2081 Asoj, reached 133K transactions by 2082 Saun.

3. Usage: Transaction Values (NPR Million)

S.N.	Particulars	Total Amount (NPR in Million)
		2080 Asar	2081 Asar	2081 Saun	2082 Asar	2082 Saun
		(Mid July 2023)	(Mid July 2024)	(Mid Aug 2024)	(Mid July 2025)	(Mid Aug 2025)
1	RTGS	2,983,930	6,451,161	10,803,022	9,210,905	9,313,058
2	ATM-Cash Withdrawal	86,964	91,261	87,872	93,111	83,206
3	ECC	718,755	672,755	532,311	787,117	529,659
4	IPS	323,816	359,991	174,065	468,240	198,053
5	ConnectIPS	498,453	666,583	525,338	-	-
6	Debit Cards	90,541	95,260	91,939	97,633	85,834
7	Credit Cards	1,830	2,073	2,064	2,222	2,148
8	Prepaid Cards**	447	769	1,049	1,328	1,477
9	Internet Banking	15,502	17,738	22,491	25,335	22,774
10	Mobile Banking	233,446	373,978	377,632	530,285	474,944
11	Branchless Banking	1,433	1,649	1,885	1,813	1,691
12	Wallet	20,326	38,147	43,698	48,441	45,449
13	QR-Based Payments	30,148	61,737	62,286	113,196	100,675
14	Point of Sales (POS)	5,244	5,925	6,047	6,604	6,735
15	E-Commerce***	605	913	1,129	1,466	1,663
16	Faster Payment Systems	321,519	419,226	421,428	562,699	467,480
17	Cross Border QR Acquiring	-	-	95	447	373
18	Other Retail Payments	321,975	465,121	323,039	704,935	394,597

Highlights of Usage: Transaction Values (NPR Million)

- Mobile Banking value more than doubled: NPR 233B → 475B.
- QR payments value jumped from NPR 30B → 101B, showing growing trust in QR for high-value payments.
- Wallets grew from NPR 20B → 45B.
- Faster Payment Systems crossed NPR 467B, a strong backbone of digital payments.
- ATM withdrawals remained stable around NPR 83→93B, confirming substitution by digital channels.
- E-commerce rose modestly in value (NPR 605M → 1.7B).
- RTGS maintained dominance in absolute value, handling over NPR 9.3 trillion by 2082 Saun.

4. Key Insights

Structural shift: From cash & cards → mobile & QR.
Policy push matters: NRB’s directive on PSP agents massively expanded access.
Consolidation impact: Wallet merger (IME–Khalti) influenced user numbers.
Inclusion & trust: Higher values per transaction in digital channels show rising consumer trust.
Opportunity: E-commerce still under-penetrated compared to wallets and mobile banking.

Created with Highcharts 11.4.8Value (NPR Million)Nepal Payment Systems — Transaction Value (NPR Million)2080 Asar (Jul 2023) → 2082 Saun (Aug 2025)Mobile BankingQR PaymentsWalletsFaster Payment SystemsATM WithdrawalsE-commerce2080 Asar2081 Asar2081 Saun2082 Asar2082 Saun0100000200000300000400000500000600000

Industry Analysis of National Level Development Bank Review Period Ashadh 2081 Vs Ashadh 2080

An in-depth analysis of National Level Development Banks' performance indicators as of Ashadh 2081 vs Ashadh 2080, covering gross loans, deposits, net interest income, impairment charges, and other financial metrics.

Published 10 September, 2024

Industry Analysis of Commercial Banks Review Period Ashadh 2081 Vs Ashadh 2080

Published 13 September, 2024

Industry Analysis of Finance Companies Review Period Ashadh 2081 Vs Ashadh 2080

Based on the financial report of 15 Nepalese Finance Companies has been released for Q4, 2080/81. The report seems to be the mix of better, bitter and impressive performance by the Finance Companies. In this article, we shall be looking into major financial highlights, performance indicators and major ratios of Finance Companies of Nepal based on their Q4 reports.

Published 20 September, 2024

Interested in Our Latest Updates? Subscribe our newsletter

Subscribe our newsletter to get our latest update & news straight to your inbox

Tathyanka is a data analytics platform developed by dynamic group of industry experts and IT specialists with an aim to create optimal data visualization for thorough analytics.

Components

Stock analysis Platform

Banking Analytics and Report

Economic Analytics Platform

Quick Links

Contact Us

9851344099

Email Us

info@tathyanka.org

Location

Bansbari - 3, Kathmandu

Made with 💛 by DalloTech