Reliance Finance Joins NCHL’s NEPALPAY Card Network to Boost Domestic Digital Payments
Reliance Finance Limited has signed an agreement with Nepal Clearing House Limited (NCHL) to become a principal member of the National Payment Switch - National Card Scheme (NPS-NCS) and NEPALPAY Card. This partnership will allow Reliance Finance to issue and acquire NEPALPAY Cards after the commercial rollout.
The NPS-NCS aims to enhance domestic card transaction infrastructure, reduce reliance on international schemes, and promote digital innovation. NCHL currently supports over 54 BFIs and various payment service providers in Nepal’s digital payment ecosystem.