16th November 2022, Kathmandu
connect-IPS has introduced a ‘Winter Offer’ to encourage customers for using bank account-based digital transactions. During the offer period of 1st of Mangsir 2079 till 29th Magh 2079, the end customers will receive various benefits on enrolling and using the connect-IPS channel.
A bank customer will receive Rs. 25 mobile top-ups upon enrollment in connect-IPS and get an additional Rs. 25 cashback upon its first transaction of either mobile recharge or NEA electricity bill payment. Similarly, the user will also receive Rs. 100 cashback on the first internet bill payment and 5 lucky winners per month will win a full annual internet subscription (up to Rs. 15,000).
The bank customers can download connect-IPS mobile app or go to www.connectips.com for creating a new user and for one-time verification to complete their enrollment. The user can link one or more bank accounts and get them verified online through self-verification or from their respective bank/financial institution.
connect-IPS has become one of the most prominent and convenient payment channels for bank customers to manage their multiple bank accounts for easy fund transfer and service payments. It allows fund transfers of up to Rs, 20 lakhs per transaction from its web application and up to Rs 2 lakhs from its mobile app. Various other payments such as mobile top-ups, electricity, landline, internet, school fee, hire purchase, government tax, Loksewa fees, traffic fines, broker payments, NEPALPAY QR, and many more are possible with connect-IPS.
connect-IPS as a channel platform is now powered by Retail Payment Switch under NPS. It has processed close to 15 million transactions equivalent to NRs 1,130 Billion in settlement value during the current fiscal year, through over 57 members BFIs.