NIC Asia Bank launched its own payment switch


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.


Images mentioned above related to are either copyright property of ICT-Samachar or respective image owners.

Rabins Sharma Lamichhane

Rabins Sharma Lamichhane is the owner of RabinsXP who is constantly working for increasing the Internet of Things (IoT) in Nepal. He also builds android apps and crafts beautiful websites. He is also working with various social services. The main aim of Lamichhane is to digitally empower the citizens of Nepal and make the world spiritually sound better both in terms of technology and personal development. Rabins is also the first initiator of Digital Nepal.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *