In
a groundbreaking collaboration, Payhuddle, a global leader in payment
solutions, joins forces with Nepal Clearing House Limited (NCHL) to revolutionize
Nepal's payment ecosystem. Together, they unveil a cutting-edge web-based
centralized payment testing, pre-certification, and certification platform for
NEPALPAY Card, Nepal's domestic card scheme.
This
innovative platform empowers NCHL to efficiently monitor and certify acquiring
and issuing participant members, ensuring compliance with stringent
regulations. With a focus on seamless integration and streamlined processes,
the NEPALPAY Card simplifies testing, debugging, and certification for
partners, fostering greater transparency and reducing friction in deploying
payment technologies.
Driven
by a shared commitment to security and reliability, NCHL and Payhuddle usher in
a new era of trust and confidence in every transaction. Through modern,
new-generation solutions and a centralized dashboard, Nepal emerges as a
trailblazer in accelerating digital payments, setting new benchmarks for the
global payment landscape.
"We are
thrilled to embark on this transformative journey with NCHL, propelling Nepal
towards a future of secure, seamless transactions," declares Goutham,
Sales Director at Payhuddle Solutions.
Indranil
Chakraborty, Head of Product & Consulting at Payhuddle Solutions, echoes
the sentiment, affirming, "Our partnership with NCHL signifies our shared
vision of advancing secure and trusted payment methods. Together, we are poised
to redefine Nepal's payment landscape."
Dilliman
Singh Shakya, CTO at NCHL, expresses enthusiasm, stating, "This unified
payment testing platform heralds a new era of reliability and confidence in
building Nepal's domestic card scheme. It underscores our commitment to
developing secure payment technologies in Nepal."
As
Nepal embraces this collaboration, Payhuddle and NCHL pave the way for a future
where digital payments are not just convenient but also safe and dependable.
About
Nepal Clearing House Ltd.
Nepal
Clearing House Ltd. (NCHL) is a public limited company established on 23rd
December 2008 under the leadership and guidance of Nepal Rastra Bank (The
Central Bank of Nepal) with equity participation from Nepal Rastra Bank,
commercial banks, development banks, and finance companies in Nepal. Its
objective is to implement and operate multiple national payment and settlement
systems in Nepal. NCHL recognizes banking & financial technology-oriented
services as one of the key ingredients for the BFIs to improve their efficiency
and productivity and also provide innovative financial solutions to their
customers. NCHL intends to help them realize these by providing various
technology-based payment-related services without investing heavily in
infrastructures by the BFIs. NCHL is currently implementing a national card
switch and NEPALPAY domestic card scheme under its National Payment Switch
(NPS) infrastructure.
For more
information, please visit https://nchl.com.np/
About
PayHuddle
Payhuddle
is a payments solutions organization that offers qualified test tools,
simulators, live test analyzers, certification consulting, certification
services, certification-ready kernels, test tool development, and product
development for the entire payment ecosystem. Payhuddle works on the latest
implementations like SRC, QR payments, mobile payment apps, and Open APIs.
Payhuddle also offers Outsourced Product Development and Resource Augmentation
services.
For more
information, please visit www.payhuddle.com.