Kamana Sewa Bikas Bank Partners with NCHL to Issue NEPALPAY Domestic Cards

Kamana Sewa Bikas Bank Ltd. has signed an agreement with Nepal Clearing House Limited (NCHL) to become a principal member of the NPS-National Card Switch & Domestic Card Scheme (NEPALPAY Card). The agreement was exchanged between Mr. Bikash Dhungana, COO of Kamana Sewa Bikas Bank, and Mr. Neelesh Man Singh Pradhan, CEO of NCHL.

Following the commercial rollout, the bank will be able to issue and acquire NEPALPAY Cards, which are part of Nepal's domestic card initiative aimed at enhancing interoperability, reducing dependency on international schemes, ensuring data localization, and promoting digital innovation.

NCHL is leading the implementation of this central payment infrastructure and currently serves 54+ BFIs, PSOs, PSPs, and over 100 indirect and technical members. Kamana Sewa Bikas Bank, with its 130 banking outlets and 72 ATMs, is now set to advance its digital service capabilities with this integration.