Manjushree Finance Joins NEPALPAY Network Under NCHL’s National Payment Switch

Manjushree Finance Limited has partnered with Nepal Clearing House Limited (NCHL) to become a principal member of the National Payment Switch - National Card Switch (NPS-NCS) and the domestic card scheme, NEPALPAY Card. The agreement, signed by officials from both organizations, enables Manjushree Finance to issue and acquire NEPALPAY Cards once the infrastructure is commercially rolled out.

NPS-NCS is designed to enhance interoperability, reduce reliance on international card schemes, ensure data localization, and foster innovation in Nepal’s digital payment ecosystem. NCHL currently supports over 54 BFIs and various payment operators, while Manjushree Finance offers services through 27 branches across the country.