4th July 2025, Kathmandu
NIC ASIA Bank and Nepal Clearing House Limited (NCHL) have entered into an agreement to allow tourists visiting Nepal from various countries around the world, who use the Alipay+ network, to make direct payments at NepalPay QR merchants.
NIC ASIA NCHL Payment Partnership
Following this agreement, citizens from over 11 countries connected to the Alipay+ payment service providers can now make direct payments at merchants enabled with NepalPay QR through their local wallet or banking app, provided via NIC ASIA Bank.
The agreement was signed by Mr. Jayendra Rawal, Deputy CEO of NIC ASIA Bank, and Mr. Nilesh Man Singh Pradhan, CEO of Nepal Clearing House Limited.
The Alipay+ network currently includes banks and payment providers from countries such as China, Hong Kong, Singapore, Malaysia, the Philippines, Mongolia, Thailand, South Korea, Italy, Macau, and Germany, among others. With this collaboration, merchants associated with NIC ASIA Bank can now easily accept payments from tourists coming from these countries through NepalPay QR.
This partnership between NIC ASIA Bank and NCHL also plays a vital role in promoting cross-border QR payments and offers seamless payment services for international tourists visiting Nepal.
About NIC ASIA
NIC ASIA Bank Ltd. is one of Nepal’s top commercial banks. It was formed in 2013 by merging Nepal Industrial and Commercial Bank and Bank of Asia. The bank serves customers with over 300 branches, 350 ATMs, and 500 revenue collection centers nationwide.
NIC ASIA leads Nepal’s digital banking revolution. Its MoBank app allows customers to manage accounts, transfer funds, pay bills, and apply for IPOs anytime. The bank also supports NepalPay QR, enabling easy payments for locals and tourists using networks like Alipay+.
The bank offers various products including savings accounts, loans, corporate finance, and investment services. It provides debit and credit cards through major networks like VISA and Mastercard. NIC ASIA partners with global remittance services such as MoneyGram and IME to ensure fast money transfers.
Security is a priority, with features like 128-bit SSL encryption and strict KYC compliance. The bank also focuses on social responsibility through scholarships and environmental initiatives. Overall, NIC ASIA combines innovation with strong customer service.
For more:- NIC ASIA NCHL Payment Partnership