Nepal Bank Joins NEPALPAY Card Network to Strengthen Digital Payment Services

Nepal Bank Limited and Nepal Clearing House Limited (NCHL) have signed an agreement enabling Nepal Bank to become a principal member of the National Payment Switch (NPS) and NEPALPAY Card scheme. The agreement will allow the bank to issue and accept NEPALPAY Cards after completing system integration, supporting its ongoing digital transformation efforts.

The Nepal Clearing House Limited-led NEPALPAY Card scheme aims to strengthen Nepal’s domestic payment ecosystem by ensuring interoperability, reducing transaction costs, and enabling local processing of card transactions. The card also offers global acceptance through collaboration with Discover Network, while Nepal Bank plans to expand digital banking services and increase card usage nationwide.