Introduction to connectips
Have you heard before what is connectips ? and how does it work? then you will be able to know what is it and how it will work. We will discuss it in dipper but not so and also we will add some FAQS in last. It is one of the popular gateways and is fully protected. There is no risk regarding this. What you will know from this article of connectips:-
What is connectips?
How it works?
How to create a connectips account?
Advantages and disadvantages?
FAQS
conclusion
What is connectips ?
It is an online payment system and basically developed and operated by the Nepal Clearing House Limited NCHL. It is licensed by Nepal Rastra Bank NRB as a payment system operator PSO. We can say NCHL which is Nepal clearing House Limited is promoted by Nepal Rastra Bank NRB and some Banks and financial institutions.
How does it work?
Basically, it is a payment system as I previously mentioned so let me tell you how it actually works and we will cover questions like is it secure and legal. We will cover up everything that you should know regarding this.
Firstly you need to create an account on its official website. You can just click on the website option there to redirect to its official website. We will tell you what to do after you go to this website like creating an account there and linking a bank to the website. But for now, let’s keep on talking about connectips.
After you made the account on the website you need to simply add the bank account. You don’t need to feel hard because you will get an option there to choose the website. By simply clicking there you can simply connect it. Now, what after this?
Now you have successfully created an account and linked the account on the website now the question is what after this? right, so don’t worry now you can go to payment systems like Esewa and khalti. The thing is it actually directly load the money onto your particular online wallet through the bank. It is happening because the transaction is done from a particular bank to a particular bank. Like we can say that Bank to bank transaction. But in the wallet like eSewa and khalti online wallet available in Nepal is easier to load the money through IPS.
Not only into particular wallets you can send transactions to particular shops or other online platforms which accept IPS. So don’t worry it is secured and it is absolutely legal. Even it is authorized by the Nepal Rastra Bank NRB.
How to create a connectips account ?
SO it’s not hard as you think but let me guide you step by step to create an account. I want to tell you that there is a two-way, means a method to create an account for both mobile and pc users. Now let’s go with the mobile user first and then web:-
For the mobile users:-
- No you should go to the playstore on your mobile.
- So we need to download a application from Playstore.
- go to search option
- Type IPS NCHl on the playstore.
- After that click on the install option
- Apk will be downloaded in a while.
- After it get installed click on the app.
- Enter there and you will get a option to signup and Login.
- simply click on the signup and type the required information there.
- No confirm the signup and your account will be ready to use.
For the PC
- Firstly you don’t need anything to download here.
- You can go and search connect ips on the google or simply click here to redirect to the website.
- Here you will redirect to homepage and there you will get a option to sign in or signup in the top left corner of the website.
- Simply click on the sign up and fill the required information there and then your account will be ready.
- You can simply add the bank details to use it’s service.
Advantage and Disadvantage
According to my, there are so many advantages of using it because as you know the world has now become computerized and in foreign countries, people don’t carry any money with them. After all, technology is so much ahead now that with one click we can spend unlimited money on anyone in the world. As coming to Nepal, there is no much development in its sector and it is slowly growing. Now the e-wallets like eSewa, Upay, Khalti have been introduced and which helped us so much, and coming to connectips, it will be very much easier to load and unload money directly through it.
As coming to disadvantages, I don’t see any demerits but coming to cybercrime that there are many illegal activities ongoing on the internet but if you used your account securely and with highly protected passwords and 2FA options.
Conclusion
I think this is one of the best platforms first time in Nepal for you to get your money from the bank into the internet instantly. It’s just take the few minute to get the money from your bank.
FAQ
May the article could solve your problem but I would like to add some frequently asked questions:-
Basically, it means how much you can do the transaction per day. So, As coming to mobile you can do the transaction in mobile is NRS 2,00000 and for the web, it is high which is about 20,00000. So it varies according to the bank and from the devices.
For some services, the fee is almost free for all users. But for some transactions, the transaction fee is about RS. 2 to RS. 15 and it varies according to the amount you are going to transact.
Coming to the securities it asks for you is that It will ask you complex passwords, Captcha service is available so that the user should manually do and no other robot or program could solve it. It will protect you from phishing and provide you the dual authentication function which means if there will be other users connected to your account will be informed you an OTP system is added.
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