Guheshwori Merchant Banking Affiliated with National Payment Switch

NRB To Make NCHL
Share It On:

22nd December 2021, Kathmandu

A formal agreement has been signed between NCHL and Guheshwari Merchant Banking and Finance Ltd. for the launch of the first phase of the National Payment Switch being implemented by Nepal Clearing House Limited.

The agreement has been signed by Mr. Rajesh Kumar Shrestha, Chief Executive Officer of Guheshwori Merchant Banking and Finance Ltd., and Mr. Nilesh Man Singh Pradhan, Chief Executive Officer of Nepal Clearing House Ltd.

As per the agreement, Guheshwori Merchant Banking & Finance will provide NepalPay QR and Internet Network QR, Direct Debit Request-to-Pay, and e-Mandate through inter-payment gateways and various payment gateways for various payments as per Nepal-QR standard under retail payment switch in the first phase of National Payment Switch. Payment tools including settlement can be used.

The switch will be the primary basis for retail payments and will enable finance to provide additional services to its customers through various real-time, non-real-time, and open APIs.

Guheshwori Merchant Banking & Finance Ltd. has always been providing various digital payment platforms for its customers and the launch of the first phase of National Payment Switch is believed to provide additional services to the customers of Finance.

At present, there are 35 banks / financial institutions and 3 payment system providers and a total of 38 institutions affiliated with the National Payment Switch


Share It On:

Recent Posts

Citizens Bank 11.11 Deals: Exclusive Discounts on Daraz

Citizens Bank 11.11 Deals: Exclusive Discounts on Daraz

Share It On:5th November 2024, Kathmandu Citizens Bank International Limited signed an agreement with Nepal’s leading online marketplace, Daraz, to

Local Talent Shines in Cybersecurity: Bipu Ojha and Tuan Khuat Win CDU IT CodeFair CTF

Local Talent Shines in Cybersecurity: Bipu Ojha and Tuan Khuat

Share It On:5th November 2024, Kathmandu Bipu Ojha and his teammate Tuan Khuat have emerged as winners in the prestigious

CEDB Hydropower’s Extraordinary General Meeting Concluded: Five Directors Elected

CEDB Hydropower’s Extraordinary General Meeting Concluded: Five Directors Elected

Share It On: 5th November 2024, Kathmandu CEDB Hydropower Development Company Limited has successfully concluded its extraordinary general meeting. CEDB

Government’s Journalist Accident Insurance Program: Apply Now For Your Protection

Government’s Journalist Accident Insurance Program: Apply Now For Your Protection

Share It On: 5th November, Kathmandu The Department of Information and Broadcasting has announced the launch of a new insurance

Nepal Life’s Property Acquisition in Hetauda: A Strategic Move For Growth

Nepal Life’s Property Acquisition in Hetauda: A Strategic Move For

Share It On:5th November, Kathmandu Nepal Life Insurance, a leading life insurance company in Nepal, has recently expanded its footprint

Global IME Dividend Announcement: Key Book Closure Date Revealed

Global IME Dividend Announcement: Key Book Closure Date Revealed

Share It On:5th November 2024, Kathmandu Global IME Bank has good news for its shareholders! The bank has announced a