The technology is growing day by and also new technology is coming in every month. With the growing of technology, Nepal is also adopting new technologies in different sector. Nepal, one of the advance and growing economics is already at an advanced stage of mobile banking and payment services using the mobile application. Presently, if we see the population of unbanked are comparatively high, even commercial banks are expanding their branches in different states. However, it is not possible to cover all parts of the country and difficult to reach to each village.
Card Financial Services have slowly but surely started to tickle their way into the hearts of the customers. All commercials banks including Development Banks are providing the Debit cards to all its account holders and Credit cards to selected customers who has proven to pay the credit amount. However, there us still a long way to go as customers expect their digital money to provide everything including ease of payments, faster checkout, best deals and offers as well as comprehensive security.
Keeping in mind the diverse requirements of today's customer, digital money instrument issuers need to ensure that their offering encompasses a wide variety of features. This includes the ability to connect to the existing consumer and merchant ecosystem and ensure that information pertaining to the customer and the transaction is secure.