Fiat currency · NPR

Nepalese Rupee on U.CASH

The Nepalese rupee is pegged to the Indian rupee at 1.60, importing the anchor of the giant economy that surrounds it on three sides and supplies the trade. Remittances from Nepali workers abroad, over a quarter of GDP, are the flows that matter.

Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.

Nepalese Rupee at a glance

Code
NPR
Symbol
Rs
Local rail
None in the set
Pegged tokens
0

Rails that settle NPR

Nepalese-rupee checkouts can offer SWIFT for bank transfers and cards through your own Stripe or Verifone account; the crypto rails serve the remittance corridors around the clock.

SWIFT

International. Manual rail, no processor account.

Stripe

Worldwide. Card processing via your own account.

Verifone (2Checkout)

Worldwide. Card processing via your own account.

Pegged tokens on U.CASH

No Nepalese stablecoin trades on U.CASH today, though the rupee is hard-pegged to the Indian rupee at 1.60. For corridor flows, USDT and USDC settle at the checkout's FX rate.

No NPR-pegged token trades on U.CASH today. Card rails and the crypto assets cover checkout settlement.

How to accept NPR at checkout

Step 01

Open a checkout

A store, a payment link, or an embedded checkout on U.CASH Pay lists what buyers can pay with. Card processing covers NPR buyers through your own processor account.

Step 02

Set your prices in NPR

Your prices stay denominated in Nepalese Rupee. The checkout derives the crypto amount live at payment time when a buyer pays with a digital asset, and the NPR figure is what your ledger reconciles against.

Step 03

Get paid

Card buyers settle through your processor. Each payment arrives with its reference and transaction detail in the record.

Step 04

Settle your way

Hold receipts, convert them on a schedule, or pay out through the rails that reach your bank. Nothing about the currency choice locks the treasury path.

The NPR rails compared

Reach, flow mode, and what each rail asks of the buyer, from the rail registry.

Bank
SWIFT · Global by nature · Manual flows · Reference per order. U.CASH charges nothing on the SWIFT rail. Sender and intermediary banks take their own fees, which vary by co…
Card
Stripe · Global by nature · Automatic flows · Not required. U.CASH charges nothing on top: you pay Stripe's processing fees, and Stripe's payout schedule applies. Connec…
Card
Verifone (2Checkout) · Global by nature · Automatic flows · Not required. U.CASH charges nothing on top: you pay Verifone's processing fees on your own account terms, and Verifone's p…
Bank
SWIFT · Essentially every banking system · For corridors the local rails do not cover

A practical composition for a Nepalese Rupee merchant: the local rail wins domestic transactions on cost and speed, cards cover the buyers who reach for plastic, and cross-border settlement rides conversion or SWIFT depending on the corridor. Offer all of them from one checkout and let each payment find its natural path; the invoice stays in NPR whichever leg carries it.

The on-chain alternative

No NPR-pegged token trades on U.CASH today, so on-chain settlement for Nepalese Rupee runs through conversion: the buyer pays a liquid crypto asset and the checkout converts at payment time, with the NPR amount carried as the invoice's denomination. The card rails cover buyers who prefer traditional payment; SWIFT covers the bank-to-bank path between accounts.

Where it settles

Countries served by the Nepalese Rupee rails on U.CASH.

Nepal

Nepalese Rupee: FAQ

Can I accept Nepalese rupee payments?
Yes: SWIFT delivers rupees to a Nepalese account, cards clear NPR through both processors, and crypto rails serve the remittance corridors.
Why is the Nepalese rupee pegged to the Indian rupee?
Geography: India is Nepal's dominant trade partner, and fixing 1.60 to the INR stabilizes the prices of everything that crosses the open border.
How do I price NPR when buyers pay crypto?
Price in Nepalese Rupee and let the checkout derive: the invoice carries the NPR figure, the buyer's wallet sees the crypto equivalent at live rates, and your ledger reconciles against the NPR denomination. The currency of record never changes.
Can I settle NPR without a local rail?
Yes, two roads: cards through your own processor account for traditional buyers, or conversion settlement where the buyer pays a liquid crypto asset against a NPR-denominated invoice. SWIFT covers bank-to-bank between accounts.
Get started

NPR, rails and chains

Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.