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            OnlinE paYmenT "Any transfer of funds iniated through an electronic terminal, telephone instrument or computer or magnetic tape so as to order instruct or authorized final institution to debit or credit an account." IntroDuction           Online payment refers to money that is exchanged electronically. Typically,this involves use of computer networks, the internet and digital stored value systems. When we collect a payment over the internet, we are accepting an online payment. Online payment usually is the transaction that results of monetary funds from the customer bank or credit card  accoint yo our bank account. Online PaymeNt systeM In Nepal: It is gradually increasing as it helps in sending and receiving the money online, buy air tickts,pay utility bills, purchase mobile recharge cards, pay school college bills, internet bills, subscribe newspaper,and magazines online etc. So online payment system has made the livelihood of people's life easier. How onlin