Nepal Clearing House Limited and Ant International Launch Cross-Border Payments via NEPALPAY QR and Alipay+

Nepal Clearing House Limited (NCHL) and Ant International have launched cross-border payments between NEPALPAY QR and Alipay+.

Announced at the 2024 Singapore Fintech Festival, this partnership enables travelers from 10 countries, including China, Singapore, and Italy, to use their local e-wallets and bank apps for seamless payments at over 875,000 NEPALPAY QR-registered merchants in Nepal.

Supported by prominent apps like Alipay, AlipayHK, GCash, and TrueMoney, the service is the result of a Memorandum of Understanding signed in May 2024.

NCHL, a key player in Nepal's digital payments, collaborates with banks and financial institutions to support the country's digital payment infrastructure, including NEPALPAY QR, which connects multiple banking and wallet apps for interoperable QR payments.

Ant International powers Alipay+, offering global mobile payment solutions to enhance consumer convenience and business growth worldwide.