Connect IPS
connectIPS e-payment system is a faster payment system implemented as a standardized single payment platform for real-time retail payments. It provides multiple channels of web portals, mobile apps, payment gateway, and open APIs for initiating and processing transactions for the customers of the member banks and financial institutions (BFIs).
Connect IPS Services
Enrollment Requisitions
Transaction Limit
Details | Online Channel | Mobile Channel |
Maximum amount per transaction | NPR 20,00,000 | NPR 200,000 |
Transaction Per Day Count | 100 | 100 |
Maximum transaction amount per da | NPR 20,00,000 | NPR 200,000 |
Transaction fee structure
General Transaction Fee Slab Based (Rs. 2-8) | ||
S.N. | Transaction Amount (Rs.) | Transaction Fee (Rs.) |
1 | Upto - 500 | NPR 2.00 |
2 | Above 500-5,000 | NPR 4.00 |
3 | Above 5,000 | NPR 8.00 |
*** Charges on Connect IPS shall be as same as of the STC of Nepal Clearing House Limited (NCHL). Any ammendment on the STC of NCHL shall supersede the charge of bank STC.