17th March 2024, Kathmandu
Jhabindra Lal Upadhyaya is the new Chairman of Nepal Digital Payments Company Limited
Jhabindra Lal Upadhyaya has been appointed as the new Chairman of Nepal Digital Payments Company Limited (NDPC) with a unanimous decision of the 63rd board meeting held on 24th Falgun, 2080. Mr. Upadhyaya took oath from Dr. Gunakar Bhatta, Executive Director of the Payment System Department of Nepal Rastra Bank, in the oath-taking ceremony held on 30th Falgun, 2080.
Jhabindra Lal Upadhyaya Appointed
After the oath-taking ceremony, Chairman Mr. Upadhyaya expressed his delight and said, “I am excited about the potential impact of our initiatives on fostering financial inclusion and economic empowerment”.
Mr. Upadhyaya added, that with a seamless integration, top-notch security, and a user-friendly interface with unique features like USSD (offline) mode, the company aims to revolutionize the way people send and receive payments ensuring convenient, secure, and accessible payment solutions for all. Together, with our dedicated team and strategic partners, we will continuously strive to enhance financial inclusion and economic development for all Nepalese citizens by leveraging technology to create a seamless and secure payment ecosystem.
About Namaste Pay:
Namaste Pay is a payment service provider operated by Nepal Digital Payments Company Limited, headquartered in Tripureshwor, Kathmandu, and is jointly promoted by Nepal Telecom and Rastriya Banijya Bank. Namaste Pay aims to provide one-stop digital payment solutions for multiple categories of goods, services, and other financial services. Namaste Pay is dedicated to creating a cashless society, by providing modern services not only to the banked and digitally educated people but also to the unbanked masses to bring about true financial inclusion.
By dialing *500# Namaste Pay users can take the benefits of offline services. Services like recharge, bill payments, add money, send money, and merchant payment are now available offline. Users with Nepal Telecom SIM can use the USSD (offline) mode services.