Partnership between NCHL and ACI Worldwide to issue Nepal's own card NepalPay
Kathmandu. Nepal Clearing House (NCHL) and ACI Worldwide have partnered to implement National Payment Switch (NPS). These two organizations have partnered to start a new system for card payments in Nepal.
Currently, we have to rely on international payment gateways to transact through cards within the country. The aim of this partnership is to build the National Card Switch (NPS NCS) central infrastructure and issue Nepal's own card NepalPay.
After the establishment of NPS-NCS, banks and financial institutions of Nepal will be able to provide NepalPay cards to their customers. It is believed that this card can be used to make payments quickly and cheaply, and the data will be stored locally, so it will be safe.
Last updated: Jan 25, 2080 11:49
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