The leading telecom service provider company of the country, Ncell is planning to launch mobile finance service soon thereby expanding sphere of its services provided in the telecommunications sector. Recently, Nepal Rastra Bank (NRB) introduced a separate policy to allow operation of mobile financial services. “We would like to take part in the development of mobile financial services through the policy that Nepal Rastra Bank introduced,” said Simon Perkins, managing director of Ncell.
According to the policy, mobile service providers can operate mobile payment services for the financial transaction. “The services we want to offer to customers are to be able to do financial fund transfer both within Nepal and internationally, pay bills from their mobile phones and other financial services when on the move,” said Perkins.