Nepal Bank Joins NEPALPAY Card Network to Strengthen Digital Payment Services
Summary
Nepal Bank Limited has joined the NEPALPAY Card network through an agreement with Nepal Clearing House Limited, enabling it to issue and accept NEPALPAY Cards to enhance digital payment services nationwide.
Key Points
- Nepal Bank Limited signed an agreement with Nepal Clearing House Limited to join the NEPALPAY Card scheme.
- The agreement allows Nepal Bank to issue and accept NEPALPAY Cards after system integration.
- NEPALPAY Card aims to strengthen Nepal's domestic payment ecosystem with interoperability and reduced transaction costs.
- The card provides global acceptance via collaboration with Discover Network and supports Nepal Bank's digital banking expansion.
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