The government has toughened regulations for online payments in Nepal. This is aimed at ensuring that online payments are secure and trustworthy for all users.
Now, every online business has to register its platforms with the government. They can only use approved digital payment gateways. This helps keep payments secure and reduces fraud.
Every transaction must have a digital invoice, even cash payments. Refunds must be done within seven days if a payment fails. Businesses also have to follow rules for handling customer complaints. The relevant authority is entitled to examine platforms for compliance.
Experts say these online payment rules will strengthen Nepal’s digital economy and increase customer trust in online shopping. There are small online business entities that might experience difficulties in fulfilling those requirements.
This action indicates the government wishes to have a safe and clearer digital commerce environment. Online sellers should comply with the regulations to avoid punishment.
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