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visa and master card
13 Dec

International Payment in Nepal

International Payment simply define as the process of buying and selling something from one country to another country where the sender and receiver money are located in two, unlike country. In the context of our country, International Payment is a bit difficult where normal people can’t use this facility. Only precise people have got debit/credit card i.e visa or master card which accept international payment in  Nepal. In Nepal International Payment is possible but only certain people have got this facility.

Eligibility for International Payment in Nepal

In Nepal, International Payment can only be done by using USD (United States Dollar) card i.e master card, visa card or  American express system. International Payment gateway providers such as Paypal, Payoneer need these cards for payment purposes internationally.

In order to have an international payment acceptance card, we need to have a USD account on the bank. In our country, Bank provides credit cards or debit card but these cards do not accept international payment. Bank provides a visa or master card to that citizen who is a traveler. Bank provides such cards to them based on their passport and by confirming airplane tickets. People who are holding FCY (Foreign Currency) account also can get such cards.

Eligibility for FCY account in Nepal            

  • Nepali citizen but working and earning in a foreign country.
  • NGOs, INGOs as per order of Nepal Rastra Bank.
  • Foreign citizen who are orking in Nepal.
International payment system

Need of International Payment in Nepal

We can get lots of benefits from international payment system. Here are some use and need of international payment system.

  • People can earn money by working in Freelancing which plays a vital role in decreasing unemployment in Nepal.
  • We can promote our business in a  digital way by advertising on social media like Facebook, Instagram, youtube and we can boost them.
  • For the purpose of buying and selling goods internationally.
  • To use services like buying a domain and hosting from a renowned domain register and web hosting company, buying software, games, apps from google, download paid movies from NetFlix we need an international payment system.
  • Developers need it to buy an Android development license and Application development license.
  • An international transaction can easily be done from Nepal.
  • Users can use the paid facility provided by Apple, Google, Microsoft.

Obstacle Due to Devoid of International Payment system in Nepal

In  Nepal, International payment systems can be used only by certain authorized people. It is almost inaccessible to normal people. Developers are being frustrate where they need an international payment system to buy an android and application development license. It bothers to website developers who can’t buy google play cards, themes, plugins for their website. People who are working on freelancing can’t receive their working payment. People can’t even promote their business by boosting Facebook and other social media. It is much difficult to use PayPal service in Nepal which can be only activated in a foreign country. We can’t even buy need goods from an international commercial site like Amazon by using the card provided by banks of Nepal. To publish our games, the application also needs an international payment system. Nepali citizen is not able to use all the above facilities due to not availability of international payment system in Nepal.

Nepal online payment gateway

My Opinion on Restricted  International Payment System in Nepal

Nepali residence is facing lots of problems due to the unavailability of an international payment system in Nepal. In the matter of payment, the Nepal government should give proper vision on it. People are working Freelancing but they are not able to receive their payment. This problem should be solved. Lots of Nepalese people can get benefits from it.

Online payment gateway of Nepal such as eSewa, Khalti, Ipay should be used internationally. If international payment is accepted from eSewa then we can get lots of advantages. Our government should have a concept of how international payment can help to Nepalese people. I request to the people who are in authority to implement an international payment system. It can be done by making certain rules and regulations. If you all people make effort a to step up together to implement an international payment system in Nepal then surely there will be the facility of international payment systems in Nepal too.

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