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NIC Asia Bank launched its own payment switch

By Rabins Sharma Lamichhane

March 30, 2023

NIC Asia Bank has launched its own payment switch in collaboration with Societe Maghrebine de Monetique (S2M) System. The bank has recently successfully implemented this infrastructure and integrated it into the bank’s payment system.

Keeping in mind the significant presence of customers in digital transactions and the potential for an encouraging increase in the number, the bank has set up its own infrastructure to make card transactions more reliable and convenient.

With the help of this switch, the transaction done through the POS and ATM terminals of this bank will get solid support to make transactions safe and simple by establishing interconnection.

In accordance with the long-term strategy of becoming a ‘Digital First Bank’, the Bank will make the most of this switch, which has been put into operation by adopting modern technologies, and will help deliver various digital products and services based on the latest technology to the customers. Believed.

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