Pay Nep Pvt. Ltd. (Maru)

About Pay Nep Private Limited

Overview

Pay Nep Private Limited is a licensed Payment Service Provider (PSP) in Nepal, authorized by Nepal Rastra Bank (NRB) to operate on Shrawan 15, 2076 B.S. (August 1, 2019). As the sixth licensed Payment Service Provider in Nepal, the company was established with the objective of building a unified digital payment platform that empowers people across the country with accessible, secure, and technology-driven financial services, regardless of their cultural, regional, or educational background.

Pay Nep is committed to making digital financial services more inclusive by developing payment solutions that simplify transactions for individuals, businesses, banks, financial institutions, and merchants.

Digital Payment Solutions

Pay Nep offers a comprehensive digital payment ecosystem designed to support consumers and businesses through innovative financial technology.

Its core offerings include:

• Moru Digital Wallet, designed to provide users with a simple, secure, and convenient digital wallet for everyday financial transactions.

• API-based integration for banks, financial institutions (BFIs), and payment platforms, enabling digital service delivery and reducing the need for customers to visit physical branches for routine banking transactions.

• Merchant payment aggregation solutions through an easy-to-integrate API platform that helps merchants and merchant groups digitize payment acceptance and operational processes.

By creating an interoperable payment infrastructure, Pay Nep aims to improve the accessibility and efficiency of Nepal's digital payment ecosystem.

Customer-Centric Innovation

Backed by founders with diverse academic and professional experience, Pay Nep focuses on identifying challenges within Nepal's financial and payment ecosystem and developing practical technology-based solutions.

The company prioritizes:

• User-friendly digital payment services

• Technology-driven financial innovation

• Secure and efficient transactions

• Customer convenience

• Digital financial inclusion

Its objective is to address unmet customer needs through modern payment technologies while delivering value to individuals, businesses, and the broader economy.

Capital Structure

Pay Nep Private Limited maintains the following capital structure:

• Authorized Capital: NPR 100,000,000

• Paid-up Capital: NPR 95,000,000

Vision

Pay Nep envisions becoming Nepal's most trusted and user-friendly digital payment partner. Through Moru Digital Wallet, the company aims to serve households across all geographic and socioeconomic segments while creating value for customers, businesses, and the national digital economy.

Mission

Pay Nep's mission is to become a leading payment service provider by delivering world-class digital payment services through advanced technology, visionary leadership, and a dedicated team of professionals.

The company is committed to:

• Delivering reliable and secure payment services.

• Creating sustainable value for customers and stakeholders.

• Maintaining the highest standards of ethics, transparency, and professional integrity.

• Promoting sound corporate governance.

• Ensuring full regulatory compliance with applicable laws and regulations.

• Driving innovation that supports Nepal's growing digital financial ecosystem.