About Smart Choice Technologies Ltd. (SCT)
Overview
Smart Choice Technologies Ltd. (SCT), established in 2001, is a Payment Service Operator (PSO) licensed by Nepal Rastra Bank, the central bank of Nepal. Widely recognized as SCT and the SCT Network, the company develops and operates payment infrastructure that enables secure, interoperable, and technology-driven digital payment services across Nepal.
SCT provides a comprehensive range of payment platforms and financial technology solutions to commercial banks, development banks, financial institutions, cooperatives, Payment Service Operators (PSOs), and Payment Service Providers (PSPs). Through continuous innovation and strategic partnerships, SCT contributes to the development of Nepal's digital payment ecosystem and supports the country's transition toward a cashless economy.
Payment Solutions and Services
SCT delivers an integrated portfolio of payment products and services designed to support digital payment acceptance, transaction processing, and financial interoperability.
Its key solutions include:
SCT-UnionPay Debit Card Services
Dual Interface (Contact and Contactless) Debit Cards
Domestic and International Prepaid Cards
ATM Management Services
ATM and POS Network Interconnection
Smart QR Network
QR Code Payment Platform
SmartBanking Omni-Channel Solution
Aggregated Payment Gateway
Interoperability between multiple Banks and Financial Institutions (BFIs)
Gateway services for international payment schemes
End-to-end financial technology solutions
These services enable financial institutions and merchants to deliver secure, efficient, and convenient payment experiences to their customers.
Pioneer in Nepal's Payment Infrastructure
SCT introduced Nepal's first integrated shared switching payment network along with the country's domestic proprietary card scheme, SCT Card.
By developing an interoperable payment infrastructure, SCT has played a significant role in supporting electronic payments, ATM connectivity, POS interoperability, card issuance, QR payments, and digital transaction processing throughout Nepal.
International Partnerships
To expand payment accessibility and interoperability, SCT has established strategic alliances with leading international payment processors and payment networks, including:
UnionPay International
Pulse Network
Financial Software and Systems (FSS)
These collaborations strengthen SCT's payment capabilities by enabling broader payment acceptance and connectivity with international payment ecosystems.
Supporting Nepal's Digital Payment Ecosystem
SCT has developed an indigenous payment system designed specifically for Nepal's financial sector. Its payment infrastructure is built to address the needs of:
Consumers
Banks and Financial Institutions
Cooperatives
Payment Service Providers (PSPs)
Payment System Operators (PSOs)
Merchants
Domestic digital platforms
By delivering secure, interoperable, and scalable payment technologies, SCT supports innovation, financial inclusion, and the continued growth of Nepal's digital economy.
Vision
To establish SCT as the preferred payment solution provider by delivering integrated, secure, and innovative payment solutions through a unified platform.
Mission
To transform Nepal's digital payment landscape by providing a diverse range of secure payment services that support the growth of a cashless economy.