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IFC Invests in SCT
The International Finance Corporation (IFC) of the World Bank Group and SCT have agreed for financial cooperation ...
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e-Payment Solution by SCT Network
SmartChoice Technologies (SCT) and it's e-commerce partner and payment solutions provider D-Sys P. Ltd. have signed up for ....
 
 
Free withdrawal facility to Sanima Bikas Bank, Standard Finance Ltd., and Reliable Finance Ltd.
Sanima Bikas Bank Limited, Standard Finance Limited and Reliable Finance Limited have decided to ....
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SCT Debit Cards now in India
SCT Debit Cards are now accepted in Punjab National Bank ATM in India ....
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SCT-Network™ reaches Bhutan
SmartChoice Technologies (P) Ltd. and T Bank Ltd. of Bhutan have signed an agreement ....
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Agreement with Public Development Bank Limited, Civil Bank Limited, Biratlaxmi Bikas Bank Limited.
Public Development Bank Limited, Civil Bank Limited, Biratlaxmi Bikas Bank Limited have joined SCT Network ....
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SCT member reaches 81 with agreement with Public Development Bank Limited
Public Development Bank Limited ...
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Nepal Bank Ltd. has started providing ATM service in various places inside and outside Kathmandu valley.
Nepal Bank Ltd. has started providing ATM service ....
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Portfolio
 
 
ATM & POS Network
 
The company has deployed five of its own ATMs at different sites within Nepal besides integrating:
  1. Himalayan Bank’s 54 ATMs,
  2. Everest Bank Ltd.’s 57 ATMs,
  3. Nabil Bank Ltd.’s 54 ATMs,
  4. Machhapuchchhare Bank Ltd.’s 46 ATMs,
  5. Nepal Bangladesh Bank Ltd.’s 16 ATMs,
  6. Laxmi Bank Ltd.’s 27 ATMs,
  7. Bank Of Kathmandu ’s 48 ATMs,
  8. NCC Bank Ltd.’s 22 ATMs,
  9. NIC Bank Ltd.’s 34 ATMs,
  10. Lumbini Bank Ltd.’s 5 ATMs,
  11. Siddhartha Bank Ltd.’s 17 ATMs,
  12. KIST Bank Ltd.’s 65 ATMs,
  13. Clean Energy Development Bank Ltd.’s 4 ATMs,
  14. DCBL’s 9 ATMs,
  15. Vibor Bank Ltd.’s 5 ATMs,
  16. Prabhu Finance Company Ltd.’s 18 ATMs,
  17. IME Financial Institution Ltd.’s 14 ATMs,
  18. Global Bank Ltd.’s 35 ATMs,
  19. Prime Commercial Bank Ltd.’s 16 ATMs,
  20. Kasthamandap Development Bank Ltd.’s 4 ATMs,
  21. NDEP Bank Ltd.’s 8 ATMs,
  22. NMB Bank Ltd.’s 22 ATMs,
  23. ICFC Finance Ltd.’s 9 ATMs,
  24. Bank of Asia Nepal Ltd.’s 19 ATMs,
  25. Nepal Bank Ltd.’s 30 ATMs,
  26. Sanima Bikash Bank Ltd.’s 4 ATMs,
  27. Jyoti Bikash Bank’s 3 ATMs,
  28. Sagarmatha Merchant Banking & Finance Ltd.’s 2 ATMs,
  29. Sunrise Bank Ltd.’s 52 ATMs,
  30. Capital Merchant Banking and Finance Ltd.’s 10 ATMs,
  31. Gurkha Development Bank Ltd.’s 16 ATMs,
  32. Annapurna Finance Company Ltd.’s 9 ATMs,
  33. Paschimanchal Development Bank Ltd.’s 13 ATMs,
  34. Siddhartha Development Bank Ltd.’s 16 ATMs,
  35. Malika Bikash Bank Ltd.’s 7 ATMs,
  36. Pashupati Development Bank’s 1 ATM,
  37. City Development Bank’s 3 ATMs,
  38. Bishwa Bikash Bank Ltd.’s 6 ATMs,
  39. Kamana Bikash Bank Ltd.’s 5 ATMs,
  40. Shangrila Development Bank Ltd.’s 6 ATMs,
  41. Manjushree Finance Institution Ltd.’s 1 ATM,
  42. Triveni Bikash Bank Ltd.’s 2 ATMs,
  43. International Development Bank Ltd.’s 13 ATMs,
  44. Gaurishankar Development Bank Ltd.’s 5 ATMs,
  45. Reliance Finance Ltd.’s 1 ATM,
  46. Union Finance Ltd.’s 2 ATMs,
  47. Janata Bank Ltd.’s 11 ATMs,
  48. Purnima Bank Ltd.’s 1 ATM,
  49. Innovative Development Bank Ltd.’s 1 ATM,
  50. Mega Bank Nepal Ltd.’s 31 ATMs,
  51. Valley Finance Ltd.’s 2 ATMs,
  52. Kuber Merchant Finance Ltd.’s 2 ATMs,
  53. Commerz and Trust Bank Nepal Ltd.’s 4 ATMs,
  54. Reliable Finance Ltd.’s 1 ATM,
  55. Standard Finance Ltd.’s 1 ATM,
  56. Metro Development Bank Ltd.’s 1 ATM,
  57. Nepal Community Development Bank Ltd.’s 2 ATMs,
  58. Tashi Bank Ltd.’s 8 ATMs,
  59. Manaslu Bikas Bank Ltd.’s 1 ATM,
  60. Premier Finance Company Ltd.’s 4 ATMs,
  61. Lalitpur Finance Ltd.’s 1 ATM,
  62. Pacific Development Bank Ltd.’s 1 ATM,
  63. API Finance Ltd.’s 1 ATM,
  64. Royal Merchant Banking and Finance Ltd..’s 2 ATMs
  65. Alpic Everest Finance Ltd.’s 1 ATM,
  66. Karnali Development Bank Ltd.’s 1 ATM,
in the market thereby making available a total of 1085 ATMs under the SCT-Network.

The company also installed over 2000 of its own POS Terminals in Kathmandu and Pokhara Valley. These terminals have been installed at shops, department stores, hotels, restaurants and service outlets  that typically attract retail clientele. The company has maximized the number of POS terminals by integrating the existing POS terminals of Alpine Card Service and Himalayan Bank Limited making it over 1341 POS terminals into the SCT-Network.

 

ATM Kiosk
Poss
 
 
The National Switch
 

The company has established a data center and central transaction switching software to manage the network. This switch has been connected to ATMs / POS / Bank Host Systems and International gateways (Visa / MasterCard / Amex). To implement this, the company has bought the ‘Oasis software’ from Canada.

It is also important to highlight here that, as part of our procurement policy, we have entered, and will continue to enter into appropriate agreements with vendors (SW / HW & Services) on a complete implementation services basis to reduce the risk of non-availability of adequately trained man-power in Nepal. Accordingly, the company has taken the distributorship rights for Racal Host security Modules (HSM) and ‘IST Switch’ License Software for Nepal.

 
 
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