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About Nepal Payment Solution Limited (NPX)
Overview
Nepal Payment Solution Limited (NPX) is a Nepal-based Payment System Operator (PSO) licensed by Nepal Rastra Bank (NRB). The company is incorporated under the Companies Act, 2063 (B.S.) and recognized by the Ministry of Industry, Commerce and Supplies, Office of the Company Registrar.
NPX is authorized to develop, operate, and manage the technological, physical, financial, and human resource infrastructure required for payment processing, clearing, and settlement in Nepal. The company operates in compliance with the Payment and Settlement Act, 2075 (B.S.), its associated bylaws and regulations, and the Assets (Money) Laundering Prevention Act, 2008.
By delivering secure and interoperable payment infrastructure, NPX supports the modernization of Nepal's digital financial ecosystem and enables efficient electronic payment services for financial institutions and businesses.
Payment Infrastructure and Solutions
Nepal Payment Solution provides technology-driven payment infrastructure that enables seamless domestic and cross-border financial transactions.
Its payment platform offers developer-friendly APIs that allow integration with:
Payment Service Providers (PSPs)
Banks
Cooperatives
Financial institutions
Merchants and payment aggregators
The platform is designed to facilitate secure, reliable, and efficient payment processing while simplifying payment acceptance for both local and international transactions.
Payment Processing, Clearing, and Settlement
NPX operates a robust payment switch that supports secure payment processing, transaction routing, clearing, and settlement.
The company focuses on delivering payment services that are:
Secure
Fast
Cost-efficient
Reliable
Scalable
These capabilities help financial institutions and merchants process digital payments through standardized and interoperable infrastructure.
Automated Clearing House (ACH)
Nepal Payment Solution functions as an Automated Clearing House (ACH) under the oversight of the Payment Systems Department (PSD) of Nepal Rastra Bank.
The ACH infrastructure facilitates efficient domestic payment clearing and settlement, contributing to a more streamlined and reliable national payment ecosystem.
Cross-Border Payment Capability
NPX is permitted by the Foreign Exchange Management Department of Nepal Rastra Bank to support cross-border settlement services.
This authorization enables the company to facilitate cross-border payment transactions while operating within Nepal's regulatory framework for foreign exchange and payment systems.
Industry Network
Nepal Payment Solution has established a broad payment ecosystem through partnerships with financial institutions and payment service providers.
According to the company's information:
Approximately 90% of Nepal's Banks and Financial Institutions (BFIs) participate in its network.
The platform collaborates with 20 Payment Service Providers (PSPs).
More than 200 merchants (sub-members) are connected through partner institutions.
This extensive network supports interoperable digital payment services across multiple stakeholders within Nepal's financial sector.
Core Values
Nepal Payment Solution's organizational values are represented by the acronym EFFICIENT, reflecting its commitment to responsible and sustainable payment services.
The company is committed to:
Empathy – Understanding and responding to customer needs.
Far-sightedness – Delivering forward-looking payment solutions.
Fairness – Providing equitable treatment to all stakeholders.
Integrity – Conducting business ethically and responsibly.
Credibility – Building trust through reliable digital payment services.
Innovation – Continuously improving products and payment technologies.
Endurance – Supporting long-term organizational sustainability.
Nation Building – Contributing to Nepal's digital economy through payment innovation.
Transparency – Promoting accountability, corporate governance, and ethical business practices.