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IME Pay joins Nepal Clearing House to let users access national payment switch and retail payment switch

IME Pay and Nepal Clearing House Limited sign an agreement in Kathmandu in February 2023. Photo: IME Pay
IME Pay and Nepal Clearing House Limited sign an agreement in Kathmandu in February 2023. Photo: IME Pay

Kathmandu, February 19

IME Digital Solution Ltd (IME Pay) has signed an agreement with Nepal Clearing House Ltd (NCHL) for National Payment Switch to introduce various instruments and use cases of retail payment switch including NEPALPAY QR, NEPALPAY Instant, NEPALPAY Request including tokenisation and biller gateway.

The agreement was signed by IME Pay CEO Praveen Regmi and NCHL CEO Neelesh Man Singh Pradhan.

IME Pay will enable the features of account tokenisation under NPS, after which, IME Pay wallet users will be able to link their bank accounts with the wallet. Similarly, it will also enable the biller gateway for extending all the services available in the RPS.

IME Digital Solution Ltd is Nepal’s one of the first licensed companies to provide digital payment solutions through its app IME Pay.

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