3.1 million new Mobile banking users added in Nepal

3.1 million mobile banking users have been added in one year. Compared to last year, 31 lakh more new mobile banking users were added this year. According to the latest data of Nepal Rastra Bank, there are 22.2 million 84 thousand 622 mobile banking users till October 2080. As of October 2079, there were 191 million 2652 mobile banking users, and by October 2080, 31 million more were added, reaching 222 million 84 thousand 622.

According to the data of Rashtra Bank, 31 lakh 81 thousand 970 new mobile banking users have been added for 1 year (from 2079 October to 2080 October). Lately, transactions in cash are being done through digital means. According to the plan to create a cashless economy, various banks have prioritized digital payments. According to Rashtra Bank, 2 trillion 77 billion 824 million transactions have been done through mobile banking till 2080 October.

Along with mobile banking users, there has also been a boom in transactions. 1 trillion 62 billion 137 million transactions were done through mobile banking till October 2079. In the period of one year (from October 2079 to October 2080), transactions through mobile banking have increased by more than 1 trillion 15 billion.