The advent of credit cards by Nabil Bank and ATMs introduced by Himalayan Bank in the 1990s marked the beginning of the modern banking industry. The first E-Banking (Internet Banking) service was made available in Nepal by Kumari Bank in 2002. Similar to that, Laxmi Bank launched SMS Banking (Mobile Banking) for the first time in the nation in 2004. And now it's 2022, when the Nepalese digital market is experiencing a steady growth of several digital and mobile wallets.

*Based on the research of The Everest List.