Friday, February 17, 2023

SCT and RBBL sign agreement for SCT-UPI debit card

 Kathmandu, Feb. 15

Smart Choice Technologies Limited (SCT) and Rastriya Banijjya Bank Limited (RBBL) have signed an agreement for the operation of SCT-UPI debit card services.

SCT is a company licensed by the Nepal Rastra Bank to work as the Payment System Manager and RBBL is an 'A' class commercial bank.

The agreement letter was signed by Narayan Prakash Bhuju, Chief Executive Officer of SCT, and Kiran Kumar Shrestha, CEO of RBBL.

We hope that this agreement will help the field of digital payments in Nepal as a whole, SCT said in a statement on Wednesday.

After this agreement, customers of RBBL will be able to get modern, safe, quality and reliable services of SCT-UPI debit card.

Also, by using the SCT-UPI network, customers can use the ATM, POS, e-commerce in Nepal and India.

Published in The Rising Nepal daily on 16 February 2023.

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