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News Highlights
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 ....
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SCT Debit Cards 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 (SCT) and T Bank of Bhutan have signed an agreement ....
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Agreement with Purnima Bikas Bank Ltd., T Bank Ltd.,Commerz and Trust Bank Ltd. and Pacific Development Bank Ltd.
Purnima Bikas Bank Ltd., T Bank Ltd.,Commerz and Trust Bank Ltd. and Pacific Development Bank Ltd. have joined SCT Network....
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SCT-Network member reaches 64 with agreement with Lalitpur Finance Ltd. and Kabeli Bikash Bank Ltd.
Lalitpur Finance Ltd. and Kabeli Bikash Bank Ltd. join SCT...
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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 47 ATMs,
  2. Everest Bank Ltd.’s 34 ATMs,
  3. Nabil Bank Ltd.’s 47 ATMs,
  4. Machhapuchchhare Bank Ltd.’s 42 ATMs,
  5. Nepal Bangladesh Bank Ltd.’s 11 ATMs,
  6. Laxmi Bank Ltd.’s 18 ATMs,
  7. Bank Of Kathmandu ’s 37 ATMs,
  8. NCC Bank Ltd.’s 16 ATMs,
  9. NIC Bank Ltd.’s 24 ATMs,
  10. Lumbini Bank Ltd.’s 2 ATMs,
  11. Siddhartha Bank Ltd.’s 16 ATMs,
  12. KIST Bank Ltd.’s 61 ATMs,
  13. Clean Energy Development Bank Ltd.’s 5 ATMs,
  14. DCBL’s 4 ATMs,
  15. Vibor Bank Ltd.’s 2 ATMa,
  16. Prabhu Finance Company Ltd.’s 10 ATMs,
  17. IME Financial Institution Ltd.’s 12 ATMs,
  18. Citizens Bank International Ltd.’s 22 ATMs,
  19. Global Bank Ltd.’s 29 ATMs,
  20. Prime Commercial Bank Ltd.’s 12 ATMs,
  21. Kasthamandap Development Bank Ltd.’s 4 ATMs,
  22. NDEP Bank Ltd.’s 5 ATMs,
  23. NMB Bank Ltd.’s 9 ATMs,
  24. ICFC Bittiya Sanstha’s 7 ATMs,
  25. Bank Of Asia Ltd.’s 6 ATMs,
  26. Nepal Bank Ltd.’s 19 ATMs,
  27. Sanima Bikash Bank Ltd.’s 4 ATMs,
  28. Jyoti Bikash Bank’s 2 ATMs,
  29. Sagarmatha Merchant Banking & Finance Ltd.’s 1 ATM,
  30. Sunrise Bank Ltd.’s 15 ATMs,
  31. Capital Merchant Banking and Finance Ltd.’s 6 ATMs,
  32. Gurkha Development Bank Ltd.’s 11 ATMs,
  33. Annapurna Finance Company Ltd.’s 4 ATMs,
  34. Paschimanchal Development Bank Ltd.’s 7 ATMs,
  35. Siddhartha Development Bank Ltd.’s 14 ATMs,
  36. Malika Bikash Bank Ltd.’s 3 ATMs,
  37. Pashupati Development Bank’s 1 ATM,
  38. City Development Bank’s 3 ATMs,
  39. Bishwa Bikash Bank Ltd.’s 6 ATMs,
  40. Kamana Bikash Bank Ltd.’s 3 ATMs,
  41. Shangrila Development Bank Ltd.’s 5 ATMs,
  42. Manjushree Finance Institution Ltd.’s 1 ATM,
  43. Triveni Bikash Bank Ltd.’s 2 ATMs,
  44. International Development Bank Ltd.’s 9 ATMs,
  45. Gaurishankar Development Bank Ltd.’s 4 ATMs,
  46. Reliance Finance Ltd.’s 1 ATM,
  47. Union Finance Ltd.’s 1 ATM,
  48. Janata Bank Ltd.’s 3 ATMs,
  49. Purnima Bank Ltd.’s 1 ATM,
  50. Innovative Development Bank Ltd.’s 1 ATM,
  51. Mega Bank Nepal Ltd.’s 2 ATMs
  52. Valley Finance Ltd.’s 1 ATM
  53. Commerce and Trust Bank Ltd.’s 1 ATM
in the market thereby making available a total of 660 ATMs under the SCT-Network.

The company also installed over 1341 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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