Deprosc Laghubitta Partners SCT to Launch First Microfinance Card Service in Nepal

18th October 2026, Kathmandu

Deprosc Laghubitta becomes the first microfinance institution in Nepal to issue payment cards through a strategic partnership with Smart Choice Technologies (SCT).

In a landmark move for Nepalese financial technology, Deprosc Laghubitta Bittiya Sanstha Limited has officially partnered with Smart Choice Technologies Limited (SCT) to launch card services and digital payment solutions. This collaboration makes Deprosc Laghubitta the first Class “D” microfinance institution in Nepal to offer direct payment card facilities to its clientele.

The historic agreement was signed between representatives of SCT, a premier Payment System Operator (PSO) licensed by Nepal Rastra Bank, and Deprosc Laghubitta, a leading microfinance provider licensed by the central bank.

Key Highlights of the SCT & Deprosc Laghubitta Partnership

First-of-Its-Kind Initiative: Deprosc Laghubitta is the first microfinance institution (MFI) in Nepal to issue payment cards.

Equal Access to Digital Banking: Microfinance clients in rural areas can now enjoy card services on par with customers of commercial and development banks.

Powered by SCT Network: Transactions will run on SCT’s national and international standard-compliant payment processor network.

Core Mission Alignment: Supports SCT’s vision of “Network for All,” aimed at making digital financial tools universally accessible.

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Bridging the Rural Digital Divide in Nepal

Historically, Nepal’s microfinance sector has relied on basic or traditional digital channels. This agreement breaks away from those limitations by introducing full-fledged card facilities directly to rural and underserved populations.

By equipping microfinance members with card facilities and modern digital payment services, the partnership aims to:

Accelerate Financial Inclusion: Bring modern fintech and digital banking directly to marginalized and rural communities.

Enhance Payment Security & Convenience: Provide cardholders with a safe, efficient alternative to cash handling.

Strengthen Nepal’s Fintech Ecosystem: Deepen the reach of interoperable digital infrastructure across all levels of Nepalese banking.

Leadership Statements: Driving the “Network for All” Vision

Speaking at the signing ceremony, representatives emphasized that the partnership marks a crucial turning point for Nepalese microfinance.

SCT has consistently focused on expanding payment technologies across every layer of society. Grounded in its core philosophy of “Network for All,” SCT aims to build a more inclusive, robust, and accessible digital ecosystem for the entire country.

For more: Deprosc Laghubitta Partners SCT