NEPS launches SmartVista Solution

ShareSansar July 28:

Nepal Electronic Payment Systems Limited (NEPS), a joint endeavor of financial institutions to have a single platform to fulfill the entire electronic payment needs of the institutions, has now launched its SmartVista Solution.

NEPS has partnered with BPC Banking Technologies (Asia Pacific) Pte. Ltd., Singapore for the installation of their SmartVista Suite of solutions as the core software to provide solution to its member.  The solution encompasses Debit Card, Credit Card, Pre-paid Card, Lifecycle Management System, Merchant Management System, ATM Management System, Cellular and Internet Banking Interface, Fraud Management, Loyalty Program Management and Payment Processing and Switching System as well as various other solutions for electronic payment needs of the banks in EMV environment.

The solution provided by NEPS is hosted in a multi-institution environment and has the capability to service the entire financial institutions of Nepal. Currently four banks;  Sunrise Bank Limited, Janata Bank Limited, Machhapuchchhre Bank Limited and Citizens Bank International Limited are already processing  their card transactions through NEPS and remaining member banks will be migrated to the NEPS system within three months. Other interested organizations are welcomed to Join NEPS and be integrated the system as per their schedule and requirements.