NCHL has partnered with Guheshwari Merchant Banking and Finance.

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The Clearing House Limited (NCHL) and Guheshwari Merchant Banking and Finance Ltd have signed a formal agreement for the introduction of the first phase of the National Payment Switch.

Rajesh Kumar Shrestha, Chief Executive of Guheshwari Merchant Banking and Finance Ltd, and Nilesh Man Singh Pradhan, Chief Executive Officer of NCHL, have signed the agreement.

According to a statement released by the company, the transition will be the major base for retail payments and will enable the finance company to new services to its consumers through various real-time, non-real-time, and open APIs.

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