Despite tremendous growth in the digital payment system, potential remains huge, insiders say

Cashless transactions are popular among small businesses to large enterprises. But digital literacy, digital divide and trust remain as major challenges, they say.

Nabin Budhathoki, who runs a grocery store in Kirtipur, had never thought that he would one day sell goods via the “scan and pay” system when he had heard about the digital payment mode a few years ago.