RB urges vigilance in electronic transaction

Kathmandu. The significant increase in use of electronic media in financial transaction is due to the development of electronic payment infrastructure, incentives for e-transactions and increasing use of modern equipment by the general public.

According to the latest data released by the Nepal Rastra Bank, more than Rs. 4.845 trillion has been transacted electronically in the last month of the current fiscal year alone. Of this, more than Rs 3.477 trillion has been transacted through RTGA alone. According to the bank, the electronic turnover was more than Rs 2.37 trillion in the month of Mangsir in last fiscal year.