Nepal Rastra Bank has provided Khalti with a license of the payment service provider (PSP) under its ‘Payment and Settlement Bylaw 2015’ for wallet services through telecommunication technology and the internet. Along with digital payment services, now Khalti can also provide domestic money transfer facility and mobile financial services in Nepal, as per a media release.
After getting a license, Khalti team is encouraged to take financial services to the next level. “It will work to bring offline services to online and make the lives of people easier, the release adds. Khalti provides various utility bill payment services, mobile recharge, DTH recharge, domestic flight booking, movie ticketing, event ticketing, hotel booking, newspaper subscriptions, and payments at online shopping sites among others.