Nepal Rastra Bank has officially cancelled the payment service provider license of Nepal E-Biz Management Private Limited.
Nepal Rastra Bank (NRB) has announced that the license given to Nepal E-Biz Management Private Limited for operating as payment service provider has been automatically cancelled. According to notice published by Payment Systems Department of the central bank, this company was given the license back on 2077/11/18.
License Cancelled Under Payment and Settlement Act
The central bank stated that the license got automatically cancelled according to the rules in Section 13(6) of Payment and Settlement Act, 2075.
Notice for Customers to Settle Transactions
With this decision, any customer who used the payment tools of Nepal E-Biz Management Private Limited and has some pending transactions with the company are requested to contacting them. The customer should contact the business within 30 days from the date this notice was published.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
