Connect IPS is a payment platform that allows users to link their bank accounts to perform any online biller payments or fund transfers through their website or a mobile app.
About Connect IPS
Connect IPS helps in a lot of ways. By making your payments online, you can save up a lot of your precious time and money. It can be stressful and time-consuming to pay a visit to the drinking water office, electricity authority, your children’s school, ISP, DTH, banks, and several other offices at the end of every month. Through online transactions, you can easily avoid all of this. It is effortless to set up an account for e-payment within just a couple of minutes, and you’re good to go.
How to Use Connect IPS?
Create a Connect IPS account by signing up here.
Fill out the required boxes with the appropriate information, complete the captcha text, read the terms and services, and click on ‘Register.’
In the next step, you can choose a provided image and write a phrase to protect against phishing sites. You can also set up three security questions if your account gets locked due to repeated login failure or if you forget your password.
Verifying Account
Then, you should verify the phone number and email address you submitted earlier.
Finally, set up a password to confirm your every payment transaction and link your IPS account with your bank account.
Using Connect IPS
You can operate your account with just the website. Alternatively, download the app for your mobile device here: Google Play Store & App Store.
Benefits
There are other popular e-payment platforms available, notably eSewa and Khalti. Compared to these, Connect IPS sets itself apart because you don’t have to load funds onto your account every time you run out of funds. After all, it links itself with your bank account automatically.
As such, your bank account can show you every transaction made through this service. You don’t have to trouble yourself with loading funds on your account. Connect IPS transaction service fees are also very cheap – some might even consider them insignificant when looking at the transactions.
History
Connect IPS was produced by Nepal Clearing House Limited, a public limited company run under the leadership of Nepal Rastra Bank, with the idea of promoting online citizen-to-government (C2G), customer-to-business (C2B), and peer-to-peer (P2P) payment transactions.
So, Nepal Rastra Bank approves this service platform. It has partnered with numerous government institutions, insurance companies, banks, travel agencies, ISPs, schools, colleges, and payment service providers. Users can easily perform their transactions with ease. You can look up the list of available member banks and financial institutions on their website.
