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Student Corner

Digital Payment System

Written by: Sauharda Bajracharya - 2025016, Grade VI

Posted on: 10 February, 2020

On the 8th of August, Mr.Ganesh Lamichhane (Parent of Shuvee Lamichhane) spoke to grade VI and VII about Digital Payment System. The way of paying for goods or services electronically, instead of using cash or a check is known as a digital payment system. Digital Payment can be considered as electronic payment. Before, we needed to stand in a queue to buy goods, but now we can easily buy goods from our own phones (Digital wallet). Some examples of the digital payment systems in Nepal are eSewa, Khalti, iPay, IME Pay, Phone Pay, etc.. In the old days, we couldn’t pay bills from smartphones. But in modern days, we can pay bills from our smartphones. Our account cannot be hacked by hackers.