NMB Bank Introduces Soft POS, Turning Smartphones Into Contactless Payment Terminals

Kathmandu, Nov 20, 2025

NMB Bank has unveiled its new Soft POS (Software Point-of-Sale) system, marking a major step forward in Nepal’s digital payment ecosystem. The technology allows any NFC-enabled Android smartphone to function as a secure POS terminal, enabling merchants to accept contactless Debit and Credit card payments without relying on traditional hardware.

Designed with Nepal’s diverse business landscape in mind, Soft POS is especially beneficial for small and medium enterprises (SMEs) in the service and tourism sectors. The solution offers a low-cost, portable, and secure alternative to conventional POS devices, helping expand digital payment accessibility across the country. The system supports both domestic and international cards.

“This is more than a product launch—it’s a step toward empowering Nepal’s entrepreneurs,” said Govind Ghimire, CEO of NMB Bank. “With Soft POS, any smartphone can become a payment terminal, enabling merchants to accept digital payments anytime and anywhere.”

The Soft POS platform meets international security standards, ensuring that merchants and customers enjoy safe, reliable, and seamless transactions. With this launch, NMB Bank strengthens its role as a leader in digital banking and a catalyst for modern, tech-driven commerce in Nepal.

NMB Bank currently provides financial services through 202 branches, 184 ATMs, and 9 extended counters nationwide.