IME Pay Khalti Merger: Digital Payment Revolution in Nepal

17th February 2025, Kathmandu

In a groundbreaking development for Nepal’s digital payment sector, IME Pay and Khalti, two of the country’s leading payment service providers (PSPs), have agreed to merge.

IME Pay Khalti Merger

The Memorandum of Understanding (MoU) for the merger was signed on Sunday, and the proposal has been submitted to Nepal Rastra Bank (NRB) for approval.

First PSP Merger in Nepal

This marks the first-ever merger between digital payment service providers in Nepal. The newly formed entity will operate under the name ‘IME Khalti’, leveraging the strengths of both platforms to enhance digital financial services.

Strengthening Nepal’s Digital Payment Ecosystem

The merger aims to consolidate networks, integrate technologies, and expand services, ensuring a more seamless and secure payment experience for users. Once NRB approval is secured, the formal merger process will commence, ushering in a new era of competition and innovation in Nepal’s fintech industry.

Financial Overview

Currently, IME Pay holds a paid-up capital of NPR 300 million (30 crores), while Khalti has NPR 50 million (5 crores) in paid-up capital. The merger will strengthen financial stability and accelerate digital payment adoption across the country.

Future Prospects

With this merger, Nepal’s digital payment landscape is set to expand its reach, offering enhanced services, improved security, and a user-friendly experience. The collaboration aligns with Nepal’s vision of achieving a cashless economy, driving financial inclusion and technological advancement.

Stay tuned for more updates on ‘IME Khalti’ and the future of digital payments in Nepal!

For more: IME Pay Khalti Merger