Best Finance Joins NEPALPAY Card Scheme: NCHL Partnership Boosts Nepal’s Digital Payments
30th May 2025, Kathmandu
Best Finance Company Limited and Nepal Clearing House Limited (NCHL) agreed to principal membership of NPS-National Card Switch & Domestic Card Scheme (NEPALPAY Card).
Best Finance NEPALPAY Card Scheme
The agreement was signed and exchanged between Mr. BN Gharti, Chief Executive Officer of Best Finance Company Limited, and Mr. Neelesh Man Singh Pradhan, Chief Executive Officer of NCHL.
NCHL recently announced the readiness of infrastructure for NPS-NCS and requested BFIs to initiate integrating their switch for issuing and acquiring Nepal’s domestic card scheme NEPALPAY Card, corresponding to which BFIs are getting onboarded within NPS-NCS and NEPALPAY. Post commercial rollout of the NEPALPAY infrastructure, Best Finance will be able to issue and acquire such a card for 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 and dependency on international card schemes, implement data localization for domestic transactions, and support innovation in the digital ecosystem with domestic card schemes.
NCHL has been providing multiple national payment systems for its members, including 54+ BFIs, the majority of the PSOs & PSPs, and 100+ indirect & technical members. The implementation of NPS-NCS and NEPALPAY is expected to drive Nepal’s card ecosystem to the next level. Best Finance, as one of the leading finance companies, is providing its modern banking and financial services through 18 branches and 3 ATM Terminals.
About Best Finance
Best Finance Company Ltd. is a Class C financial institution in Nepal. It started in 2052 BS and operates from its head office in Chabahil, Kathmandu. In 2074, the company changed its name from General Finance to Best Finance.
Its goal is to provide quality financial services and support economic growth. The company focuses on expanding its presence and improving customer service. It also aims to develop skilled employees and meet stakeholder expectations.
Best Finance offers savings and deposit accounts, personal and business loans, and digital banking services. It also provides remittance, locker, and card services.
The institution engages in social work through donations, awareness programs, and student support.
It has a strong capital base and operates 19 branches across Nepal. The leadership team includes Chairman Khim Lal Paudyal and CEO BN Gharti. Best Finance continues to grow while serving individuals, businesses, and communities nationwide.
For more: Best Finance NEPALPAY Card Scheme
