24th April 2025, Kathmandu
Prime Commercial Bank Limited and Nepal Clearing House Limited (NCHL) agreed to principal membership of NPS-National Card Switch & Domestic Card Scheme (NEPALPAY Card).
Prime Bank NepalPay Card
The agreement was signed and exchanged between Mr. Amrit Charan Shrestha, General Manager of Prime Commercial 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, Prime Commercial 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 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. Prime Commercial Bank, as one of the leading commercial banks, is providing its modern banking and financial services through 193 branches along with extension counters and 137 ATM Terminals.
About Prime Bank
Established in September 2007, Prime Commercial Bank Ltd. is Nepal’s 21st commercial bank, founded with the mission of delivering ‘Banking Services to Everyone’, especially to underserved populations.
Registered as a Category ‘A’ financial institution under the “Banks and Financial Institutions Act,” the bank was started by reputed business leaders and professionals from various sectors.
Today, Prime Commercial Bank is recognized as one of Nepal’s top 10 commercial banks by independent ratings, known for its customer service excellence and strong client relationships.
Its shares are actively traded on the Nepal Stock Exchange (NEPSE), reinforcing investor confidence. The bank continues to grow as a dynamic and inclusive force in Nepal’s banking industry.
For more: Prime Bank NepalPay Card