Issuing a press statement, the company informed that the agreement was signed by Praveen Regmi, CEO of IME Pay and Neelesh Man Singh Pradhan, CEO of NCHL.
Following the agreement, IME Pay will enable the features of account tokenization under NPS, subsequent to which the wallet users of IME Pay shall be able to link their bank accounts with wallet. Similarly, it will also be able to enable Biller Gateway for extending all the services available in RPS; Request-to-Pay as pull transaction across platforms; NEPALPAY Instant as push transaction based on mobile number across different platforms of connectIPS, BFIs and Wallets; scan & pay with NEPALPAY QR and other use cases of RPS.
“IME Pay has already been using various other services of NCHL as a technical member RPS through NPI is currently being used by over 55 BFIs and more than 80 non-bank institutions including PSPs/PSOs, insurance companies, remittances, merchant banks, Government, Semi-Govt institutions, large corporates etc,” reads the statement.
