As there was no international online payment system, there has always been trouble for all Nepalese to generate revenue from online businesses. Even to purchase some products online has been a difficulty in this online world.
From Amazon to Go-daddy, most of the e commerce websites either require your credit card or require you to have a Paypal account for any transactions. But unfortunately, Paypal is still not supported in Nepal.
Ranging from Website Hosting, e-commerce solutions, Domain registration, shopping online on Amazon, Ebay etc also require you to have either international debit/credit card or a Paypal account. Unfortunately Nepalese people can get hold of neither.
The wait is no more. Nepal’s Governer Yuvraj Khatiwada has publicly announced the monetary policy of the year 2071/2072 to solve this issue.
The chances of bringing Paypal to Nepal is very high. For now, you can transact up to $2000 per year for buying and selling online and can exchange up to $3000 per year which was up to $1000.
Hope for the best and GoodLuck for coming days. Finger Crossed.