RightCard Payment Services Limited, trading as LemFi, said on Tuesday that it has received approval from Nepal Rastra Bank, the country’s central bank, to operate remittance services in partnership with eSewa Money Transfer, Nepal’s leading digital payment platform.

Through this partnership, LemFi can provide low-cost, reliable, and competitive international payment services to the residents in North America and Europe (including the United Kingdom), reads a statement issued by LemFi.

This will allow them to transfer money to Nepal as well as to countries across Africa, Asia, Latin America, and Europe.

As remittances play a vital role in supporting the economy, this partnership with a trusted financial services provider emphasizes LemFi’s commitment to delivering innovative services while adhering to the regulatory frameworks of Nepal's central bank.

“We are honored that our partnership, aimed at better serving the Nepali diaspora, has received this approval,” said Muhammad Daiyaan Alam, LemFi’s Head of South Asia Expansion & Growth. “Nepal represents one of the most important remittance corridors in South Asia, and we welcome every opportunity to demonstrate our commitment to providing accessible and fair financial services for our customers as well as their beneficiaries,” according to the statement.