NIC Asia Bank Partners with NCHL to Launch NEPALPAY Card for Enhanced Digital Payments
Summary
NIC Asia Bank partners with Nepal Clearing House Limited to launch the NEPALPAY Card, enhancing digital payment services and promoting financial inclusion in Nepal.
Key Points
- NIC Asia Bank signed a strategic agreement with Nepal Clearing House Limited to issue NEPALPAY Cards.
- The partnership integrates the bank with Nepal's national payment switch and the National Card Switch.
- The NEPALPAY Card will enable standardized transactions through POS and ATM networks fostering digital payments.
- NIC Asia Bank aims to expand financial inclusion and promote cashless transactions through this initiative.
