Kathmandu. With the government's vision of Digital Nepal, the number of mobile banking transactions in Nepal has exceeded 13.6 million. Such transactions have increased as banks have given priority to mobile banking transactions. NRB has increased the mobile banking business from an average of 4 million by the fiscal year 2075/76 to about 15 million. The number of mobile banking and internet banking users has increased in the month of December released by the National Bank of Nepal. By the end of this year, the number of internet banking users has also increased to 1.11 million.

So far, banks and financial institutions have issued 83.18 million debit cards and 176,000 credit cards. This means that the banking and financial sector has been increasingly attracting a large number of customers in technology. According to bankers, the growing number of customers in mobile banking, which is seen as the most important medium for customer convenience and cashless transactions, is helping in the development of cashless transactions.

 Mobile banking was first introduced in Nepal in 2005 by Standard Chartered Bank.

Then in 2009, Laxmi Bank launched Mobile Money in Nepal. With its launch, account information, transaction information, money transfer from one's account to another account, mobile recharge can be done through SMS. In 2014, Global IME Bank launched mobile smart banking for the first time. . Global Bank was the first to abandon the SSS system and launch Internet-based smart banking. Its popularity has also been increasing during this period of 15 years.