Green Development Bank Joins NEPALPAY Card Scheme: Nepal’s Digital Payments & Local Banking
13th June 2025, Kathmandu
Green Development Bank Limited and Nepal Clearing House Limited (NCHL) entered into an agreement for principal membership of NPS-National Card Switch & Domestic Card Scheme (NEPALPAY Card).
Green Development NEPALPAY Card Scheme
The agreement was signed and exchanged between Mr. Hari Bahadur Budhathoki, Chief Executive Officer of Green Development Bank Ltd 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 of the Nepal’s own domestic card scheme NEPALPAY Card, corresponding to which BFIs are getting onboarded within NPS-NCS and NEPALPAY. Post commercial rollout of NEPALPAY infrastructure, Green Development Bank will be able to issue and acquire such 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 digital ecosystem with domestic card scheme.
NCHL has been providing multiple national payment systems for its member including 54+ BFIs, 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 in next level. Green Development Bank as one of the leading development banks is providing its modern banking and financial services through its 15 branches.
About Green Development
Green Development Bank Limited (Green Bank) began its journey in 2013. It was the first local development bank based in Baglung. Now, it serves customers in Baglung, Myagdi, Kaski, Tanahun, and Nawalpur. The head office is located in Pokhara-8, Kaski. The bank operates with the motto “Partnering for Prosperity.”
Green Bank offers various financial services. These include savings, fixed deposits, and different types of loans. It provides personal, business, agriculture, and education loans. Its Green Smart mobile banking app supports 24/7 services. Customers can check balances, pay bills, transfer funds, and use QR payments.
Security is strong with 128-bit SSL encryption. Green Bank maintains financial transparency through published reports. It has 16 branches across Gandaki Province. The bank focuses on community development and financial inclusion. While not strictly an environmental bank, it is committed to sustainable local growth and development in Nepal.
For more: Green Development NEPALPAY Card Scheme
