Kathmandu/  Everest Bank Limited has officially joined hands with Nepal Clearing House Limited (NCHL) to become a principal member of the National Payment Switch – National Card Switch (NPS-NCS) and Domestic Card Scheme (NEPALPAY Card).

The partnership was formalized through an agreement signed between Mr. Sudesh Khaling, Chief Executive Officer of Everest Bank Ltd, and Mr. Neelesh Man Singh Pradhan, Chief Executive Officer of NCHL.

Following NCHL’s recent announcement regarding the readiness of the NPS-NCS infrastructure, banks and financial institutions (BFIs) across Nepal have begun integrating their systems to issue and acquire the NEPALPAY Card—a domestic card designed to promote self-reliance in the digital payment ecosystem. Everest Bank will soon enable its customers to use these cards following the commercial rollout.

The NPS-NCS has been developed as a central payment infrastructure to route and settle domestic card transactions, ensuring interoperability, reducing dependency on international card schemes, encouraging data localization, and fostering innovation in Nepal’s digital payment landscape.

NCHL currently supports over 54 BFIs, most payment service operators (PSOs), payment service providers (PSPs), and more than 100 indirect and technical members through various national payment systems. The rollout of NPS-NCS and NEPALPAY is expected to transform Nepal’s card-based transaction ecosystem.

Everest Bank, a leading commercial bank in Nepal, operates 132 branches, 32 revenue collection counters, 4 extension counters, and 167 ATMs nationwide, offering a wide range of modern banking services to its customers.
For more information, visit www.nchl.com.np or www.everestbankltd.com.