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Paywell Nepal and Nepal Remit announce strategic partnership

Paywell Nepal and Nepal Remit announce strategic partnership

KATHMANDU

Paywell Nepal Pvt. Ltd. and NepalRemit are pleased to announce their strategic partnership. This collaboration aims to provide a seamless and secure digital payment experience to customers of both companies.

Paywell Nepal Pvt. Ltd. is a licensed Payment Service Provider (PSP) company authorized by the Nepal Rastra Bank. The company provides a user-friendly mobile application that enables its growing user base to make bill payments, fund transfers, and other financial transactions with ease. Paywell Nepal has been in operation since 2018 and is an emerging fintech company. We are proud to have a customer base exceeding 4 lakh and an agent base exceeding 5000.

NepalRemit is a leading remittance service provider in Nepal that offers fast, secure, and cost-effective money transfer services to customers worldwide.

The partnership between Paywell Nepal Pvt. Ltd. and NepalRemit will enable customers of both companies to enjoy a range of benefits, including:

-Faster and more convenient remittance services

-Secure and seamless digital payments

-Access to a wider range of financial services

“We are excited to partner with NepalRemit to provide our customers with a more comprehensive suite of financial services,” said Mr. Prajwal Acharya, Assistant CEO of Paywell Nepal Pvt. Ltd. “This partnership will enable us to leverage our strengths and expertise to deliver innovative solutions that meet the evolving needs of our customers.”

“We are delighted to collaborate with Paywell Nepal Pvt. Ltd. to offer our customers a more convenient and secure way to transfer money,” said Mr. Ritesh Mittal, Executive Chairman of NepalRemit. “This partnership will enable us to expand our reach and provide our customers with a wider range of financial services.”

The partnership between Paywell Nepal Pvt. Ltd. and NepalRemit is expected to benefit customers of both companies and contribute to the growth of Nepal’s digital economy.

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