Nepal Bank Joins NPS-NCS & NEPALPAY Card

BFIS News
2026 Jul 03 11:16

Nepal Bank Joins NPS-NCS & NEPALPAY Card

Kathmandu, Nepal Bank Limited and Nepal Clearing House Limited (NCHL) entered into an agreement for principal membership of NPS-National Card Switch & NEPALPAY Card scheme. The agreement was signed and exchanged between Mr. Tilak Raj Pandeya, Chief Executive Officer of Nepal Bank Limited and Mr. Neelesh Man Singh Pradhan, Chief Executive Officer of NCHL.

With this agreement, the bank will be able to issue and accept NEPALPAY Cards for its customers after the completion of the bank’s switch integration with NPS-NCS. It is expected to support Nepal Bank in its journey for digital transformation and services, by means of providing national card services to its customers. NPS-NCS is being established as a central payment infrastructure for routing and settlement of domestic card transactions to ensure interoperability in routing and settlement of domestic card transactions, reduce the cost of card transaction, implement data localization for domestic transactions and support innovation in digital ecosystem.

NCHL has recently rollout NEPALPAY Card as national card scheme, and its global acceptance through collaboration with international Discover® Network. The NEPALPAY card, launched under the National Payment Switch (NPS), allows the participating banks & financial institutions, payment service providers (PSPs), and payment system operators (PSOs) to issue NEPALPAY Cards that are accepted at POS and ATM terminals across Nepal and globally. It also allows the international Discover cards including RUPAY card to be accepted in Nepal.

NEPALPAY has already been enrolled out by other 35 BFIs as its principal member. And it is live with issuance from 7 BFIs and acquiring from 10 BFIs, which is expected to grow in coming days.

Nepal Bank Limited is one of the leading commercial banks in Nepal, serving a wide and diverse customer base. In recent times, the bank has been aggressive in driving digital transformation within the bank and for its service delivery to the customers. With a strong presence across the country, the bank remains committed to expanding access to its services and growing its base of card users.