MR. SHIVAJEE SAPKOTA- Student of Doctorate Program of AIU- Team Leader of Hub Cooperative Service of Nepal presented a paper on digital technologies for Nepalese cooperatives on Apr 2- 2021 on the occasion of National Cooperative Day in Nepal. This is the first program organized in far western region off Nepal.
Approximately 200 representatives were in attendance- inclusive of cooperative leaders and managers to learn about the latest technologies for cooperatives to provide more effective and efficient services to the members throughout this pandemic.
HUB cooperative service Ltd (www.hubcooperative.com) is a technology service cooperative which has nationwide network for digital payment- remittance and mobile banking.
The presentation was focused on technology adoption and cashless transaction of community people from the cooperatives- branchless banking and promotion of mobile banking which will reduce health risk and cost in the societies.
A data from national network of telecommunication shows the total user of mobile is 39-988-752 (2020) out of 264-00-000 population of Nepal. Therefor- people have more than one mobile connection. The digital payment system for cooperatives will now enable any member or individual to perform their transaction or payment through mobile applications.
During the Inaugural session- vice-chairperson from the cooperative development board- member of parliament from the province- district administration officer- national federation members supported the mission of HUB cooperatives to digitization of cooperatives and committed for its expansion of the service collaborating with local authorities to enhance the capacities of cooperatives in the region.