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Nepal Rasht Bank has revoked the license of 'Paywell Nepal' and 'Sajilo Payment'. Rastra Bank revoked the license saying that the company was working against the law. It was found that digital payment gateway Paywell and Easy Pay were involved in the payment process of illegal gold transactions.
Last June, the Central Investigation Bureau of Police (CIB) held a press conference and disclosed that the payment of illegal gold transactions has been facilitated by these two service providers. When those companies were found guilty during the investigation, the National Bank revoked the permit.
