India-Nepal digital payment gateway likely to start from Feb: Indian Envoy

The digital payment gateway between India and Nepal is expected to start in the first phase from the end of February 2024, Indian Ambassador Naveen Srivastava announced on Friday.

Ambassador Srivastava made the announcement referring to the agreement between NPCI and NCHL, which was signed during the visit of Nepali PM Pushpa Kamal Dahal to India earlier this year.

“Fintech is a revolution that is happening all across the world and particularly in India. You might have heard about Unified Payment Interface (UPI), how India to date is the leading country in the world in terms of digital payments and it beats other countries by far.