Connect IPS is a single payments platform that allows the customers to link their bank account(s) to enable payment processor, fund transfer and biller payments. An extended product of Nepal Clearing House to support citizen-to-government (C2G), customer-to-business (C2B) and peer-to-peer (P2P) payment transactions directly from/to the bank accounts. This is available on both web channel and mobile app.
| S. No. | Details | Transaction Amount Based Slab (NPR) | ||
|---|---|---|---|---|
| Upto - 500 | Above 500-5000 | Above 5000 | ||
| 1 | Fund Transfer (mobile banking, connectIPS App / Web / Wallet Cash In/Out) | 0 | 4 | 8 |
| 2 | Fund Transfer (Other channels & use cases) | 2 | 4 | 8 |
| 3 | Creditor/Merchant payment | 2 | 4 | 8 |