About eSewa

eSewa – Nepal’s first online payment gateway is a comprehensive online payment solution. With eSewa digital wallet, customers can pay, send and receive money simply using their mobile phone and the Internet instantly. We have been operation since 2009 and have been licensed by Nepal Rastra Bank as Payment Service Provider.

Our customers can use eSewa web/mobile application for mobile recharge, electricity bill payment, TV payment, Online travel ticketing, Online shopping, movies ticketing, school/ college fee payment, credit card payment, insurance premium and many more. Similarly, merchants, service providers and retail outlets can receive payments for goods and services in their eSewa wallet instantly.

Moving with the mission of leading the online payment industry with a secured, integrated and comprehensive payment processing service, we carry a vision of Digital 2020 and hope to enable digital transactions for 20% of all Nepalese monetary transactions by 2020 A.D.

eSewa App is available for both iOS and Android devices and its primary web portal is www.esewa.com.np

About F1Soft Group

F1Soft International is a software development company specializing in development and implementation of Mobile banking and Internet banking to financial institutions in Nepal and overseas. It is pioneer in the Fintech (Technologies in Financial Industry) industry and has introduced SMS Banking, Mobile Banking, Internet Banking, Online Payment Gateway and other transactional banking solutions in Nepal. Currently, F1Soft is leading the Nepalese market with almost 90% of Nepal’s financial institution using at least one of F1Soft’s transaction banking products. F1soft Group now has several companies under its group: eSewa Fonepay Pvt. Ltd., Shiran Technologies, Diyalo Technologies Pvt. Ltd., Darshantech Solutions, Logicabeans, ExtensoData, eSewapasal, Cogent Health, Fonepay, and BusSewa.com.

Birth

In the early 2000s, businesses were going online globally. While the digital revolution was just around the corner, it had very low impact in Nepal. There were few alternate payment channels offered by Banks like Debit Cards and Credit Cards. When we launched SMS banking back in 2006, it was well received by customers in the market. As mobile phone was getting popular and more affordable, we used SMS as primary channel to notify and alert customers about banking transactions. This immediately created the atmosphere of trust and security amongst customers. We added more features and transactional services later in 2007. It was also well received by banked customers. However, realizing that less than 20 percent of the population had bank accounts and these services could do so much more, we planned to introduce mobile wallet in Nepal. This also coincided with global business trend and need of payment gateway for the growth of digital commerce. eSewa was conceived and introduced when there were very few companies trying to go online. Internet penetration was very low and banking services were limited in terms of scope and availability. eSewa has played vital role to grow the e-commerce businesses in Nepal by providing secure online payment mechanism.
Eventually, we realized the need of payment gateway and developed a web and mobile based application, ‘eSewa’.

Growth

Though most of the banks and financial institutions were facilitating their customers with mobile and internet banking services, majority of the citizens could not reap the benefits as there was a huge mass of unbanked population. Realizing the need to furnish unbanked users, F1Soft developed a standalone digital payment platform under the brand ‘eSewa’. Within a very short period of its inception, eSewa became so popular among stakeholders that F1Soft’s management decided to develop it as a separate wing under their ownership. Starting with few services like airtime top-up and pinless recharge in the past, it has covered major industries ranging from fast food chains to international airlines.

Future

Our vision is to cover every payment sector (Small/Big, Dealer/Retail, Private/Government, Domestic/International), and continuously accomplish our mission to create a cashless economy. In future, we will cover each and every industries of Nepal with our revolutionary payment platform which will in turn will help in growth and development of economy enhancing financial mobility. We are working for digital financial accessibility for all Nepalese and carry a vision of Digital 2020. We will be acting as the backbone of economy of Nepal, which is our future and we are into it.