25th May 2025, Kathmandu
Kamana Sewa Bikas Bank Limited and Nepal Clearing House Limited (NCHL) agreed to principal membership of NPS-National Card Switch & Domestic Card Scheme (NEPALPAY Card).
Kamana Sewa NEPALPAY Card Scheme
The agreement was signed and exchanged between Mr. Bikash Dhungana, Chief Operating Officer of Kamana Sewa Bikas 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 Nepal’s domestic card scheme NEPALPAY Card, corresponding to which BFIs are getting onboarded within NPS-NCS and NEPALPAY. Post commercial rollout of NEPALPAY infrastructure, Kamana Sewa Bikas Bank will be able to issue and acquire such a 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 the digital ecosystem with domestic card schemes.
NCHL has been providing multiple national payment systems for its members, including 54+ BFIs, the 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 to the next level. Kamana Sewa Bikas Bank, as one of the leading development banks, is providing its modern banking and financial services through 130 banking outlets along with extension counters and 72 ATM Terminals.
About Kamana Sewa
Kamana Sewa Bikas Bank Limited is a national-level development bank based in Gyaneshwor, Kathmandu. It operates with over 130 branches across Nepal. The bank offers savings, loan products, digital banking, and credit card services. Customers can use the KS iMobile app for QR payments, interbank transfers, and utility bill payments. Its Visa Credit Card supports secure transactions in Nepal and India.
Kamana Sewa promotes digital banking with smart teller systems, QR scan-and-pay, and services through Viber and Messenger. The bank has partnered with digital wallets like eSewa, Khalti, and IME Pay for added convenience.
For more: Kamana Sewa NEPALPAY Card Scheme