EFICYENT Opens Payment Channel to Nepal Through Partnership with IME
EFICYENT has established a strategic partnership with IME Limited, enhancing money transfer services to Nepal. This collaboration enables real-time credit to bank accounts and digital wallets for recipients.
EFICYENT, a global platform for cross-border payments, has formed a strategic alliance with IME Limited, a prominent remittance company in Nepal. The partnership aims to strengthen and streamline international money transfers to the country.
Under the agreement, EFICYENT's global network of customers and partners can now send funds directly to recipients in Nepal. These funds will be credited in real-time to bank accounts or digital wallets, expanding EFICYENT's reach into a key South Asian market.
"This collaboration reflects our commitment to creating fast and reliable payment channels for communities heavily reliant on remittances," stated Aravinth Ramesh, Chief Technology Officer at EFICYENT. "Working with IME allows us to bring real-time settlement to Nepal at a scale that truly serves the Nepali diaspora."
IME Limited, a leading remittance provider in Nepal since 2001, enhances its payment infrastructure through this venture. The partnership ensures that funds are delivered instantly, securely, and conveniently to chosen bank accounts or digital wallets.
The collaboration was formalized with a Memorandum of Understanding signed on June 29, 2026, at EFICYENT's office in Dubai, UAE.