Tuesday, August 19, 2025

Neo, JRF sign partnership deal

Kathmandu, Aug. 17

Nepal’s Neo Money Transfer has announced a strategic partnership with JRF Remit, a leading money transfer service in Japan and Korea. Nepalis in Japan and Korea can now send money using the JRF online service.

The company stated on Sunday that this collaboration is designed to provide a seamless, secure, and fast way for Nepalis living abroad to send money home to their families.

By combining JRF Remit's strong presence with Neo's extensive local network, the partnership aims to offer a reliable and efficient remittance experience.

The collaboration represents a significant step toward promoting formal remittance channels, which are crucial for ensuring the safety and security of financial transactions. "This is a major step forward in our mission to provide reliable financial services to our customers. The synergy between JRF Remit's advanced technology and Neo’s strong local presence is expected to streamline the process, ensuring funds are delivered quickly and reliably,” said Sagar Khanal, CEO of Neo.

This new service provides a variety of convenient payout options for recipients in Nepal, including bank deposits, wallet credits, and cash pickup from a widespread network of agent locations. 

Published in The Rising Nepal daily on 18 August 2025. 

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