Everest Bank Launches Virtual Credit Card
A New Era of Digital Payments in Nepal
Introduction
Everest Bank Limited, one of Nepal’s leading commercial banks, has taken a significant step towards modernizing digital banking by launching its EBL Virtual Credit Card on June 3, 2025. This innovative offering is designed to meet the growing demand for secure and convenient online payment solutions in Nepal and beyond.
What is the EBL Virtual Credit Card?
The EBL Virtual Credit Card is a fully digital card accessible through the Everest Bank mobile banking app. Unlike traditional physical credit cards, this virtual card exists solely in digital form, allowing users to generate card details instantly for online transactions. It eliminates the need for carrying a physical card while ensuring top-notch security for digital payments.
Key Features
- Instant Access: Customers can generate the virtual card directly from the mobile app, with no need to visit a branch.
- Enhanced Security: The card uses advanced encryption and tokenization to protect user data during transactions.
- Flexible Limits: Users can set transaction limits and control usage for added convenience.
- Wide Acceptance: The card is accepted on most online platforms that support major credit card networks.
How to Get Started
To use the EBL Virtual Credit Card, customers need to:
- Download or update the Everest Bank mobile banking app.
- Log in using their credentials.
- Navigate to the Virtual Credit Card section and follow the prompts to generate the card.
- Use the card details for online purchases or subscriptions.
Why It Matters
The launch of the EBL Virtual Credit Card aligns with Nepal’s growing digital economy. As e-commerce and online services continue to expand, this virtual card offers a secure and efficient way for consumers to shop online, pay for subscriptions, and manage digital transactions without the risks associated with physical cards.
Conclusion
Everest Bank’s introduction of the Virtual Credit Card marks a milestone in Nepal’s banking sector, reflecting the bank’s commitment to innovation and customer convenience. This service is set to empower users with a seamless and secure digital payment experience, paving the way for a cashless future in Nepal.
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