Formulated as a consortium of seven national level commercial banks, with aim to pool the resources of these banks together and establish a common platform, which will be more secure, reliable and able to encompass the rapid growth of new technologies in electronic payments. NePS was established to provide its customers with the ready made solution of Issuance of Cards, Acquiring transactions through different delivery channels, connectivity to different payment associations in the country and international payment organization and along with it all the related settlement, operational and security aspects on the same. NePS also ensures its facility is complied with the highest security standard as required by the card data processing company and maintains a complete redundant system to ensure the highest level of up time. NePS further sees itself promoting the development of secure and instantaneous Interbank transactions, e-commerce, remittance and branchless banking in Nepal. Currently NePS has 15 institutions as its shareholder consisting of commercial banks and development banks NePS is at the moment providing processing services to 9 commercial banks and 4 development banks and is working to bring rest of the member banks into its service. NePS aims to be a leading payment processor in coming days and sees its member comprising of entire financial institution community
View Top Employees from Nepal Electronic Payment Systems LtdWebsite | http://www.neps.com.np/ |
Revenue | $51 million |
Employees | 49 (35 on RocketReach) |
Technologies | |
Industry | IT Services and IT Consulting, Banking, Finance |
SIC | SIC Code 60 Companies, SIC Code 602 Companies |
NAICS | NAICS Code 5221 Companies, NAICS Code 52 Companies, NAICS Code 522 Companies, NAICS Code 52211 Companies, NAICS Code 522110 Companies |
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The Nepal Electronic Payment Systems Ltd annual revenue was $51 million in 2024.
Sanjib Subba is the CEO of Nepal Electronic Payment Systems Ltd.
35 people are employed at Nepal Electronic Payment Systems Ltd.
Nepal Electronic Payment Systems Ltd is based in Kathmandu, Bagmati.
The NAICS codes for Nepal Electronic Payment Systems Ltd are [5221, 52, 522, 52211, 522110].
The SIC codes for Nepal Electronic Payment Systems Ltd are [60, 602].