international payment will available soon in Nepal

Good news for every gamer, content creater, internet user,etc, recently Nepal Rastra Bank (NRB) planning to let people living in nepal to buy things from international website/app through international payment. what types of benifits can you/anyone in Nepal get from international payment. Mainly gamer who invest more money in game topup they can top up now in less price ( sad news for game currency/dimond/uc/gems/etc seller just jocking ) and content creater of youtube or any platform who use google adsense can withdraw money directly in local banks of nepal let see what types of benifit can you get in details:

• What is international Payment system ?

international payments, also known as cross border payments or global payments, that involve more than one bank of different country's banks. They connect companies, individuals, banks, and settlement institutions operating in different countries with different currencies that need to be paid. Where as in national payment payment only local bank are connected to each other and make transaction in specific area, border, and bank. In national payment system people can only shop from local e-commerce site on

• Whre can I use of international payments

In Nepal international payment is like new so it is important to tell everyone about it. If you want to buy/sell any items internationally. For eg: if you foound any thing intresting in Amazon, eBay, Aliexpress, previously it was too hard to buy things like this internaational E-Commerce sites but after international payment will available in Nepal you can pay and order for that intresting item without any stress and you will get ordered items in few week or days. And they are few more advantages:
• Able to buy Netflix/disney+ Membership
• Able buy game currency like uc, dimond,etc
• Able to buy from international E-Commerce sites like amazon, ebay,etc
• Able to withdraw money in local bank from google adsense, and manymore.

>Also read: Codashop nepal comming soon in nepal

Advantages:

• Game Top up/ Buying game

Mainly in nepal game topup is to hard to do by anyone. And if you are pc gamer you also have problem while buying games from steam, epic games, etc. If internaltional payment will be available in nepal everyone above 18 or who have credit card can buy games from games stores or can buy game currency from google pay or apple pay directly with credit card or gift card of nepal. Like freefire, PUBG, ML, COD, etc player can buy currency in less price then usual.

• Google Adsense

Google Adsense allows you to take advantage of the benefits of online advertising: show your ads to the right people, in the right place, and at the right time. Google Ads offers several benefits. In nepal there are many content creater who are in youtube, website, blogger, and other platform which use google ads can withdraw their earninng in local bank. Recently AP1 HD news channel of Nepal Nepal Rastra Bank's people/employee (really i dont khow who are they but sure that they are from NRB) they also talking about creater of nepal and according to news i think Nepals local bank will availabe in bank list of google adsense nepal to withdraw money.

● Netflix/Disney+ Hot star membership

Very big fan of web Series and movies can buy membership of Netflix or Disney + to watch those movies or series not only big fan the person who have interest on those thing can also buy membership using ther credit card when international payment available for everyone. Till then those series fan can buy membership from third-party sellers in high price.

• Other

• Able to buy Netflix/disney+ Membership
• Able buy game currency like uc, dimond,etc
• Able to buy from international E-Commerce sites like amazon, ebay,etc
• Able to withdraw money in local bank from google adsense, and manymore.

Disadvantages

As we know everythings in world have negative side international payment system also have disadvantages. Disadvantages of international payment system are:
• High chance of being fraud internationally
• High chance of money hacking
• Misuse of Money in illegal way
• charge fees for each transaction and many more
At first you have limitation on payment in nepal so you can't pay more then the limit.

Conclusion

Hope international payment system will be available in nepal as soon as possible because in nepal e-commerce, gaming, investing, like this is new and to prevent people of nepal from fraud NRB should make strict law for first some years after some years people will used to with international payment and NRB can make law some less strict but not totally.

Thank you