Nasfund Signs MoU with DICT to Adopt SevisPass and SevisWallet

24th February 2026

Nasfund signed on the 23rd of February a Memorandum of Understanding with the Department of Information and Communications Technology (DICT) to integrate SevisPass (Digital ID) and SevisWallet (Digital Wallet) into its member services. This partnership marks a significant step in strengthening Know Your Customer (KYC) processes and advancing digital transformation in Papua New Guinea’s largest superannuation fund.

Nasfund Chief Executive Officer, Rajeev Sharma, said,
"For our members, this partnership means faster onboarding, safer authentication, and easier access to services through digital platforms. We are excited to embark on this innovative journey for the good of our members and acknowledge the great strides taken by Secretary Matainaho and his team."

Department of ICT Secretary, Steven Matainaho in a recent online statement announcing this MoU highlighted the broader national impact, noting that SevisPass and SevisWallet are “the single most important enablers for economic growth, social inclusion, and national security in Papua New Guinea,”

Through this partnership, Nasfund reaffirms its commitment to innovation, member security, and supporting national efforts to expand digital financial services.