NMB Bank signs MOU with Visa Worldwide Pte Ltd to become one of the few banks in the country to enter into the exclusive Principle member Banks group of Visa in Nepal.
This privileged membership from Visa opens doors for the Bank to accept payment system in different landscapes, thus widening its market penetration in the country. NMB Bank’s customers like wise shall reap the benefits of this new stature of the Bank through greater access to a wider range of Visa payment products/options.
The partnership will allow NMB Bank and Visa to expand Visa acceptance throughout the country. This expansion will directly and indirectly help swifter payment processing during the Visit Nepal 2020 campaign, wherein a large influx of international tourists is anticipated. NMB Bank and Visa have been partnering in the payment landscape since 2012.
NMB Bank currently has a network of 163 branches, 128 ATMs and 5 extension counters across the country.