Kathmandu, July 15 : Easylink Remittance(P.) Ltd. has joined Nepal Clearing House Ltd. (as indirect member) for using National Payments Interface (NPI) for depositing foreign remittance transactions directly into the beneficiary bank accounts in Nepal.
With this arrangement, Easylink Remittance will be able to process their remittance transactions through underlying payment systems of NPI, namely, connectIPS e-Payment for real time low value payment and through NCHL-IPS system on deferred basis for mid to high value payments. This is expected to considerably improve service delivery of the remittance company.
NPI is a consolidated interface (APIs) that works as a single channel for interconnection with multiple underlying core systems and designed to facilitate the participants to initiate and process their payments.
Similarly, EasyLink Remittance (P.) Ltd. is the first remittance company in Nepal delivering “quality” remittance services at “affordable” fee.
