Nabil Bank launches 'Nabil Virtual Credit Card', apply and use via ENBank app

Kathmandu — Nabil Bank Limited has launched the 'Nabil Virtual Credit Card' with the aim of making customers' digital banking experience more convenient, secure, and modern. Starting from Thursday, 29th Ashoj, this virtual credit card can be obtained and used through the bank's ENBank app.

According to the bank, customers can now apply for and receive a virtual credit card through the 'Apply Now' option on the ENBank app's homepage without having to complete paper procedures and other formal hassles associated with traditional credit cards. They can also use it for various daily digital transactions.

This fully digital credit card is designed to provide customers with the opportunity to use credit facilities quickly, securely, and hassle-free. Through this, customers can obtain a credit card directly from their mobile banking app and conduct daily transactions securely and conveniently.

The bank has pre-approved eligible customers through an analytical system based on its own data. Eligible customers will automatically see the 'Apply Now' option on the app's homepage. The virtual credit card can be used for QR-based payments made through Fonepay merchant QR.

Nabil Bank believes that the 'Nabil Virtual Credit Card' will be established as a significant achievement in Nepal's digital banking journey. Developed in view of the growing customer demand for digital financial services, this card is expected to provide customers with a secure, simple, and seamless payment experience.

A memorandum of understanding was signed on Wednesday between Nabil Bank Limited and Fonepay Payment Service Limited for the operation of this card. With this collaboration, customers will be able to transact securely, conveniently, and seamlessly at various business establishments that accept payments through Fonepay merchant QR via the virtual credit card.

Addressing the memorandum of understanding signing ceremony, Manoj Kumar Gyawali, Chief Executive Officer of Nabil Bank, reiterated the bank's continuous commitment to innovation and customer-centric banking solutions. He expressed confidence that the launch of the 'Nabil Virtual Credit Card' reflects the bank's strategic vision to accelerate its digital transformation and further strengthens the bank's efforts to provide advanced financial solutions in line with the changing needs and expectations of today's customers.

CEO Gyawali said, "Customer convenience is our priority. We are continuously working towards providing banking services without customers having to visit bank branches as much as possible, in line with the needs of the digital age. The Nabil Virtual Credit Card is an important part of that effort."

Nabil Bank has been playing a leading role in the digital banking sector by developing technology-friendly and customer-oriented financial solutions. The bank has stated that in the coming days, it will continue to expand the latest digital services with the objective of making customers' financial access, convenience, and experience even more effective.

Nabil Bank has been providing services through a network of 262 branches and 316 ATM machines across the country. The bank has been providing banking services to more than 2.8 million customers and believes in moving forward in collaboration with all its stakeholders. Having provided quality banking services for four decades, the bank has recently embraced the concept of sustainable banking and launched ENBank for digital banking.