Nepal Clearing House Ltd. has enrolled Himalayan Bank in Connect IPS e-Payment System on June 5 through which customers of Himalayan Bank will be able to initiate online payments through Connect IPS with all transactions processed directly from their bank accounts. This is expected to support Himalayan Bank in providing alternate digital channels to its customers through which the bank customers can avail online services of fund transfer, e-commerce payment, creditor/biller payments including government tax payments, Loksewa application fee payment, credit card bill payments, mobile wallet top-up, capital market related payments and such.
The bank’s customers can enroll and link their accounts(s) with one-time verification from the bank, after which they can use the system. The payments can be done by the customers from www.connectips.com, its mobile application or through payment processor (gateway) available on the service provider’s respective websites.
