Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has prepared the National Payment Switch (NPS) and the National Payment Ecosystem – Master Reference Document in order to make the payment system systematic and transparent.
The central bank is releasing the draft today. Nepal Rastra Bank (NRB) has sought suggestions and suggestions from stakeholders in this regard.
The stakeholders can submit their comments till December 20. Opinion suggestions2 Lachad. Yachn. You can send it to Lou.
Here are the main features of the Master Reference Document
- Integrate and utilize existing payment infrastructures established and implemented by various scheme operators or networks.
Implement an interoperable retail payment ecosystem (including both card and non-card payments) in Nepal.TAG_OPEN_li_18
Promote interoperability and interconnection with international network providers to ensure seamless and efficient cross-border payments.TAG_OPEN_li_17
Facilitate payments for all domestic transactions (card and non-card) within the country using the RTGS system.TAG_OPEN_li_16
