Khalti and Nabil Bank Partnership Widens Payment Options

A long-awaited Khalti and Nabil Bank partnership will widen digital payment options for the bank’s customers.

Affluent commercial bank Nabil Bank has joined hands with mobile payment gateway Khalti. Both entities signed the agreement papers yesterday on December 24.

With this agreement, Nabil Bank customers can now directly load cash into Khalti from their bank account using the Nabil Smartbank app. Likewise; they can use all the digital payment services available on Khalti.

It was a long-awaited partnership that brings the country’s two prominent service providers from their respective fields to combine service for the customers.

Khalti recently acquired a major investment by WorldLink and now the latter is entitled to a 40% ownership.

Khalti allows users to pay for utility bills, book flights, or movie tickets, and even pay for online shopping and insurance premiums among many others.  

Nabil Bank says the partnership reflects the bank’s commitment to providing quality digital services to its customers.

Do check out: Top 5 Digital Wallets in Nepal: Updated (2022)

Nabil Bank Leading Digital Banking Practices

The bank has been proactive in launching digital services to its customers. Recently, the bank started the Nabil Digibank portal to offer all of its digital banking services from one online platform. Likewise, it has also begun a VKYC feature that allows the public to create their bank account and verify themselves online.

In August Nabil Bank initiated Cash Machine that accepts both withdrawals and deposits online. The bank is incessant in enhancing digital banking in Nepal.

Nabil Bank is one of Nepal’s leading commercial banks meanwhile; Khalti remains an eminent mobile payment option for Nepalese. The integration between their services means a higher range of digital payment services for bank customers.  

Also read: NMB Claims ‘The Bank of the Year 2021 Asia’ Award

Meanwhile, Khalti is a prominent digital payment solution in Nepal serving since 2017. The e-wallet has risen to remarkable growth due to its range of services and exciting features. The PSO has over 2 million active users and  90% of bank and financial institutions tied for digital payment services.

What do you think of the Khalti and Nabil Bank partnership and its scope to the end-users? Do add your feedback in the comments below.

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