Fime & imark to boost Nepal’s financial ecosystem with EMV L3 testing

By Gloria Mathias

Fime has advanced its collaboration with imark to provide local EMV Level 3 test services in Nepal. This enhanced offer will allow Nepalese payment stakeholders to validate the integration of their payment acceptance terminals at a reduced cost and time to market.

Together, the companies will support the nation’s rapidly expanding digital payments ecosystem by providing issuers and acquirers with local testing and consultancy services.

For the past 17 years, imark has worked closely with banks and financial institutions to innovate and upgrade their payment infrastructure. Working with a trusted partner like Fime can provide the ecosystem with access to test tools and consultancy that enfranchise innovation without compromising on security.

Ram Dhungana, CEO at imark said, “imark is an esteemed partner, and through our work with them, Fime is committed to supporting the evolution and digitalization of payments in Nepal with world-class testing and certification services. With nearly two decades’ experience supporting financial stakeholders in Nepal, imark’s local heritage combined with our worldwide expertise will bring enhanced innovation to the country.”

Angaj Bhandari, VP IMEA at Fime shared, “By providing L3 consulting, certification, card and mobile personalization validation (CPV) and the requisite test tools, the two organizations are helping local banks to prevent costly production issues and delays in certification processes. This latest partnership extends the international reach of Fime’s Level 3 services.”

*EMV® is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC.

Fime enables its clients to create and launch trusted and secure solutions with consulting and testing services in payments, smart mobility, biometrics, authentication, and open banking. It offers a global cross-industry perspective, local insight, and a unique heritage in testing and certification.

imark is a FinTech company headquartered in Kathmandu, Nepal, specializing in delivering innovative digital solutions to banking and financial institutions across Southeast Asia. Its primary objective is to offer a robust, cost-effective, and secure digital payment ecosystem.