Nepal Investment Mega Bank Joins NPS-NCS & NEPALPAY Card Network
15th July 2025, Kathmandu
Nepal Investment Mega Bank Limited (NIMB) and Nepal Clearing House Limited (NCHL) agreed to principal membership of NPS-National Card Switch & Domestic Card Scheme (NEPALPAY Card).
NIMB Joins NPS-NCS
The agreement was signed and exchanged between Mr. Jyoti Prakash Pandey, Chief Executive Officer of NIMB, and Mr. Neelesh Man Singh Pradhan, Chief Executive Officer of NCHL.
NCHL has already announced the readiness of infrastructure for NPS-NCS and requested BFIs to initiate integrating their switch for issuing and acquiring Nepal’s own domestic card scheme, NEPALPAY Card, corresponding to which BFIs are getting onboarded within NPS-NCS and NEPALPAY.
Post commercial rollout of NEPALPAY infrastructure, NIMB 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 the domestic card scheme.
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. As one of Nepal’s leading commercial banks, NIMB operates its card switch infrastructure.
It also provides switching and processing services to 3 commercial banks, 5 development banks, and 1 finance company. Upon integration of the NIMB switch with the NPS-NCS, these associated member banks will also be technically ready to issue and acquire NEPALPAY cards, as the same NIMB switch is used by the member banks.
NIMB’s extensive network includes 275 branches, 65 extension counters, and 265 ATMs across the country.
For more details: NIMB Joins NPS-NCS
