NMB Capital Ltd. (NMBCL) has signed an agreement with Nepal Clearing House Ltd. (NCHL) for automating its various payments processes, including disbursements and collections, through NCHL’s payment systems. With this, NMB Capital has also become a part of National Payment Switch (NPS). National Payment Switch is the system under NCHL, developed for the interoperability and…
connectIPS has introduced an exciting feature for its users where you can transfer money up to Rs 100,000 without entering the OTP passcode. connectIPS No-OTP feature will enable you to transfer money easily and faster. Normally, connectIPS requires a dual verification in both logging in and while making payments. While making payments, the sender needs…
Digital transaction limit for revenue payment to the Government of Nepal initiated from various channels of NCHL has been revised. The digital payment limits for GON revenue from the systems including CORPORATEPAY and Bank Central (bank branches) under NCHL have been increased up to NRs 2 Billion for On-us (same bank) transactions. NCHL consulted with…
CORPORATEPAY transactions exceeded more than NRs 55 billion this fiscal year. It is a system by NCHL among the other six systems. The system has been in use as a business payments platform for member banks and financial institution customers. It was developed by NCHL in order to provide an easy digital payment platform for small…
Nepal Clearing House Limited (NCHL) has made a new record in its non-cash transactions. By the first 6 months of 2078/79, the non-cash transactions in NCHL channels have crossed NRs. 7 trillion in value. It has reached NRs. 7.88 trillion in transactions across the three channels : NCHL ECC, NCHL-IPS, and connectIPS. Through NCHL-ECC alone,…
