All details about "UPI NEPAL" | NEPAL Banks Partnership | Launch Date

All details you need to know about "UPI NEPAL" | NEPAL Banks partnership| Launch Date:

"UPI NEPAL" is Planning to launch by end of this year 2022.

"UPI NEPAL" is owned by Payment Nepal (Gateway Payment Service Pvt. Ltd, a Payment System Operator licensed by Nepal Rastra Bank).

NPCI International Payments Limited (NIPL), the International arm of National Payments Corporation of India has joined hands with Gateway Payments Service Pvt Ltd, authorized Payment System Operators in Nepal, and Manam Infotech Private Limited to deploy Unified Payments Interface(UPI) in Nepal.

Note - "UPI NEPAL" is not only for Indian visitors in Nepal, "UPI Nepal" is also for the citizens of Nepal. Citizens of Nepal will use "UPI Nepal" in their daily life.

SCT -

Today, 18th September, 2022 - SmartChoice Technologies Limited-SCT for the interoperable QR payment between SmartQR and UPI NEPAL QR.

Just like we have here Bharat QR in India, Nepal also have SmartQR, Nepal QR. "UPI NEPAL QR" will merge with Nepal's SmartQR to support UPI QR payment in Nepal.

SCT is also Nepal's domestic payment card network, Just like we have RuPay card in India.

Official partnership details announced today -

We are glad to share the MOU signing with SmartChoice Technologies Limited-SCT for the interoperable QR payment between @ SmartQR and UPINEPAL QR. We believe the real value creation to the digital economy can only be witnessed through collaboration and partnership between Digital Payment Ecosystem players.

1) Global IME Bank Limited sign MOU for "UPI NEPAL" -

Contract Signing between PaymentNepal and Global IME Bank Limited.

2) Nabil Bank sign MOU for "UPI NEPAL" -

We are pleased to announce the UPI Nepal agreement signing with Nabil Bank. We believe that this collaboration will take UPI Nepal's proposition to new heights through greater financial inclusion and innovation.

3) Machhapuchchhre Bank sign MOU for "UPI NEPAL" -

We are pleased to announce the UPI Nepal agreement signing with Machhapuchchhre Bank. We believe that this collaboration will take UPI Nepal's proposition to new heights through greater financial inclusion and innovation.

4) Everest Bank Limited sign MOU for "UPI NEPAL" -

We are pleased to announce the UPI Nepal agreement signing with Everest Bank Limited. We believe that this collaboration will take UPI Nepal's proposition to new heights through greater financial inclusion and innovation.

5) Nepal SBI Bank Limited sign MOU for "UPI NEPAL" -

We are pleased to announce the UPI Nepal agreement signing with Nepal SBI Bank Limited. We believe that this collaboration will take UPI Nepal's proposition to new heights through greater financial inclusion and innovation.

6) Sunrise Bank Limited sign MOU for "UPI NEPAL" -

We are pleased to announce the UPI Nepal agreement signing with Sunrise Bank Limited. We believe that this collaboration will take UPI Nepal's proposition to new heights through greater financial inclusion and innovation.

7) Kamana Sewa Bikas Bank Limited sign MOU for "UPI NEPAL" -

We are pleased to announce the UPI Nepal agreement signing with Kamana Sewa Official We believe that this collaboration will take UPI Nepal's proposition to new heights through greater financial inclusion and innovation.