nPay Competitors

Himalayan Bank was established in 1993 in joint venture with Habib Bank Limited of Pakistan. Despite the tough competition in the Nepalese Banking sector, Himalayan Bank has been able to maintain a lead in the primary banking activities- Loans and Deposits. Legacy of Himalayan lives on in an institution that's known throughout Nepal for its innovative approaches to merchandising and customer service. Products such as Premium Savings Account, HBL Proprietary Card and Millionaire Deposit Scheme besides services such as ATMs and Tele-banking were first introduced by HBL. Other financial institutions in the country have been following our lead by introducing similar products and services. Therefore, we stand for the innovations that we bring about in this country to help our Customers besides modernizing the banking sector. With the highest deposit base and loan portfolio amongst private sector banks and extending guarantees to correspondent banks covering exposure of other local banks under our credit standing with foreign correspondent banks, we believe we obviously lead the banking sector of Nepal. The most recent rating of HBL by Bankers’ Almanac as country’s number 1 Bank easily confirms our claim.

Nabil Bank Limited, the first foreign joint venture bank of Nepal, started operations in July 1984. Nabil was incorporated with the objective of extending international standard modern banking services to various sectors of the society. Pursuing its objective, Nabil provides a full range of commercial banking services through its 268 branches across the nation and over 200+ reputed correspondent banks across the globe.

Fonepay is Nepal's first mobile payment network licensed by the Nepal’s central bank as a Payment System Operator (PSO). We are a Payment Processing Network facilitating inter-bank person-to-person (P2P) and person-to-merchant (P2B) transactions through its interoperable network and mobile platform. This interoperable network connects over 63+ partners with over 18 million+ registered customers customers and 1 million+ merchants in Nepal. Fonepay QR is EMV compliant, which is the most widely accepted standard for QR payments. We are a company under F1Soft Group, a diversified Digital Financial Service (DFS) holding company.