IPS e-Payment is a single electronic platform for the bank customers to initiate their payment transactions directly from the bank accounts. It works as a payment processor for creditor/ merchant payments and supports account to account fund transfers. However, the user needs to enroll within connectIPS, link its bank account and verify the linked account from its bank, as one-time process. Currently, it is available in web version, www.connectips.com and Mobile App. Per user per bank account transaction limit is up to NRs 20,00,000 for online (web) and up to NPR. 1,00,000 for mobile app.
The services that is currently available through connectIPS e-payment include Government payments, Online Fund transfer, Credit card bill payments, Mobile wallet top-up and Share brokers payments. Other services will be added in near future
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