DevelopmentFinanceNepalOverseas WorkersRemittances

EFICYENT Launches Nepal Payment Corridor in Collaboration with IME

Unique Times

EFICYENT has established a strategic partnership with IME to open a payment corridor aimed at facilitating remittances to Nepal.

EFICYENT, a financial technology company, has officially launched a dedicated Nepal payment corridor through a strategic partnership with IME, a leading remittance service provider. This collaboration is expected to improve the efficiency and speed of money transfers to Nepal, benefitting Nepali overseas workers and their families. The establishment of this payment corridor aims to enhance financial connectivity and provide more reliable, secure options for sending remittances back home. Official statements from EFICYENT underscore the commitment to seamless cross-border payments that support Nepal’s economy through increased remittance inflows. While detailed operational specifics were not fully disclosed, the partnership is poised to facilitate quicker processing times and reduced costs for remittance transfers. This initiative aligns with ongoing efforts to streamline financial services for overseas workers worldwide, including those working in countries like Greece and others, thereby supporting economic development in Nepal.


Sources referenced:

  • https://news.google.com/rss/articles/CBMiY0FVX3lxTFBjcTJEeGFieEdXa2ZIbmRicDBULTBjUjNId1VweU52elZ4YmZma2pQNVQtODBiUkV1blVZdTdaVnFldFM4WVVUeWdIXzdtcTl1WEdGTm9hWl9SVUxoZF9nUGN3WQ?oc=5
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