Shangrila Development Bank
16th October 2025, Kathmandu
Smart Choice Technologies (SCT) announced a major expansion this week.
Shangrila Development Bank
Shangrila Development Bank is now issuing the SCT-UnionPay Card to its customer base. This partnership marks a significant step.
It strengthens the bank’s digital payment ecosystem in Nepal. The collaboration aims to make digital transactions simpler, more accessible, and highly secure for a wider range of customers.
Increasing Digital Payment Accessibility
The new offering allows Shangrila Development Bank’s customers easy access to the dual-branded card. SCT, a pioneer in Nepal’s digital payment sector, believes this move will notably enhance the convenience of digital finance.
Customers can now conduct their financial transactions with greater ease. The integration directly supports the national goal of promoting a cashless economy. This accessibility is key to widespread digital adoption.
SCT operates as Nepal’s first domestic card scheme. They have been providing secure and dependable payment services across the country for two decades. Their commitment to innovation drives these new banking partnerships.
SCT’s Expanding Network
Shangrila Development Bank joins a robust network of financial institutions partnered with SCT. The technology company currently issues the SCT-UnionPay Card through twenty-three banks and financial institutions.
Additionally, over 100 cooperative societies are part of this extensive network. This large footprint ensures the SCT-UnionPay Card is a widely accepted and convenient payment instrument.
SCT manages the card issuance process efficiently. They utilize their proprietary card-switching structure called Smart Switch. This platform not only supports the SCT-UnionPay Card but also facilitates the issuance of Visa cards. This multi-scheme capability confirms SCT’s technical prowess and market leadership in Nepal.
Multi-Scheme Payment Processing
Beyond card issuance, SCT actively provides comprehensive transaction services. They are equipped to accept and process card transactions for several major international card schemes.
These include Visa, RuPay, MasterCard, and Discover cards. This extensive acceptance capability is vital. It positions SCT at the heart of Nepal’s digital transaction infrastructure.
By supporting multiple global card types, SCT enables merchants to serve a diverse international clientele. This is an important contribution to Nepal’s tourism and cross-border trade.
Shangrila Development Bank’s adoption of the SCT-UnionPay Card leverages this powerful, integrated switching system.
Commitment to Security and Simplicity
The core benefit of this partnership centers on customer experience. SCT and Shangrila Development Bank prioritize secure payment processing.
The goal is to build greater public confidence in digital banking. The convenience of the SCT-UnionPay Card is undeniable. It allows customers to use their cards seamlessly across various digital terminals nationwide.
Simplicity is another key feature. The smooth process of obtaining the card and using it for daily purchases makes digital payment a less intimidating option for new users.
As Shangrila Development Bank expands its digital reach, its customers will actively benefit from these enhanced security and user-friendly features. This strategic move aligns the bank with the leading technology trends in financial services.
The Future of Digital Finance in Nepal
The alliance between Smart Choice Technologies and Shangrila Development Bank represents a positive trend.
Financial institutions are increasingly embracing advanced payment technologies. Such collaborations are instrumental in driving the digital transformation of Nepal’s banking sector. They not only modernize services but also significantly improve financial inclusion across the nation.
Customers of Shangrila Development Bank should contact their nearest branch to acquire their new SCT-UnionPay Card and begin experiencing the benefits of secure, fast, and accessible digital payments.
This partnership is a clear win for Nepali consumers seeking improved banking services. It solidifies SCT’s role as a key enabler of digital transactions in Nepal.
For more: Shangrila Development Bank