Comparative  pricing, the fast-approaching festival and attractive schemes and offers are some of the reasons for this trend, in the recent times.

Moreover, the time-saving trend spares people hours of regular shopping, being stuck in huge crowds & heavy traffic and having to pay sky-rocketing prices that are a common site during festivals.

Urban Girl Co-founder Kiran Timsina says that Dashain is an important time for brick and mortar sales. “However, in the last few years, more and more people are doing their shopping online instead of physically visiting a store,” he said.

“Most buyers start buying early on e-commerce sites because it can take few days for delivery, Daraz.com receives double the number of orders during the festival season.” Says Rajeev Amatya Managing Director of Daraz.com

He said that the company has predicted increased sales up to five times since the last year.

Online Shopping Equals Value for Money
Interestingly, a large number of offers and schemes await online shopping-enthusiasts who will be shopping with these sites, to give them ‘value for their money’.

According to Sastodeal.com, the company will be launching their festival campaign shortly.

“We have incorporated all the right elements for online shoppers to make their online shopping experiences the best during Dashain,” said Prajwol Rana Tamrakar, Marketing Manager, Sastodeal.com

Similarly, Timsina said that Urban Girl is launching a series of Dashain campaigns along with the sale of products such as clothes and electronics. The e-Commerce platform also shared its plans of launching a new website and an internal management system as well.

“We will also be offering site-wise discounts in the form of vouchers,” he adds.

Daraz.com will also be running a Dashain campaign between October 8-12, 2018 to woo its customers.

During the festive season, best-selling products such as electronic appliances and home organization products make most part of Nepal’s online sales.

Online Shopping Trend in Nepal
Amatya estimates Nepal’s e-Commerce business transactions at USD 25 million per year!

Leading sites such as eSewaPasal and Daraz are bent on changing the face of Nepal’s shopping scenario.

Important change agents such as BhatBhateniOnline’s merger with Nepal mobile-wallet leader eSewa and Alibaba’s acquisition of Pakistan-based Daraz have triggered a revolution in urban Nepal’s e-commerce scenario.

Furthermore, Nepal Rastra Bank’s licensing of online payment companies and granting permission for 28 banks to conduct mobile and internet banking has stimulated the trend.

At present, there are 1 million eSewa customers and close to 5 million mobile banking users across Nepal and these numbers are will further rise with increasing mobile internet and smartphones usage.

“E-commerce, like any other business, is driven by its ecosystem. At the moment, the growth is just organic, and to increase the pace we need greater awareness and trust in internet payment,” says Roshan Lamichhane, eSewa.

While the internet shopping scenario is taking over the rest of the world, Nepal is not far behind. The country has a bright future in this industry and is already going great guns!

The post Nepal’s Internet Shopping Trend Kicks Off with Dashain appeared first on Nepali Sansar.

In a move revolutionizing the Nepali eCommerce sector, reputed banks are coming up with their services to boost online shopping in the country.

Marking the first-of-its-kind service in Nepal, Nabil Bank and Himalayan Bank are introducing new platforms that would allow the country’s credit and debit card holders to purchase goods and services from online stores based in Nepal.

The two banks have already installed systems, certified by the reputed payment technology companies, such as Visa and Mastercard, to support online trading across the country and have started sample tests on the same.

Both the banks are gearing up to launch their services in a month’s time. While Nabil Bank is planning it in a month, the Himalayan bank plans to make it much sooner i.e. in next ten days.

The Nepali eCommerce sector is currently limited to local-made e-Sewa services and internet banking platforms. The new services will allow Nepalese to make online purchases from all the websites that are integrated with these two banks.

The new services are expected to support the enterprises based in Nepal in attracting businesses from foreign destinations. Now, the domestic companies need not pay commissions to mediators to attract business and can simply link their websites to the payment gateways of local banks to trade online.

Business Made Easier With Secure Transactions

The two banks confirmed that their services will use security protocols developed by renowned companies, such as Visa and Mastercard, to ensure safe and secure transactions.

Electronic cardholder of any bank can use these services for online trading and open store purchases. However, cards should be of Visa, Mastercard or Union Pay International in case of Nabil Bank services. Whereas, Himalayan Bank services accepts Visa, Mastercard, Union Pay International, and American Express or JCB cards.

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