Shine Resunga Development Bank Joins NPS-NCS & NEPALPAY Card Scheme
6th November 2025, Kathmandu
Shine Resunga Development Bank Limited and Nepal Clearing House Limited (NCHL) have agreed to principal membership of NPS-National Card Switch (NCS) & Domestic Card Scheme (NEPALPAY Card).
Shine Resunga Joins NPS-NCS
The agreement was signed and exchanged between Mr. Prakash Poudel, Chief Executive Officer of Shine Resunga Development Bank Limited, 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 own domestic card scheme, NEPALPAY Card, corresponding to which BFIs are getting onboarded within NPS-NCS and NEPALPAY.
Post commercial rollout of NEPALPAY infrastructure, Shine Resunga Development Bank Limited will be able to issue and acquire such a card for its customers.
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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. Shine Resunga Development Bank Limited, as one of the leading development banks, is providing its modern banking and financial services through 88 branches, along with an extension counter and 18 ATM Terminals.
For more details: Shine Resunga Joins NPS-NCS
