Faysal Bank Limited (FBL), one of the leading banks in Pakistan, has become the first commercial bank to launch a virtual card in the country. Faysal Bank’s “Mobit Virtual Card” is a digital card that will allow secure e-commerce purchases to meet the upcoming online payment needs even if you do not have any credit or debit card.
Mobit Virtual Card is powered by MasterCard and works as a reloadable and/or a one-time usage stored-value card which can be instantly generated by Faysal Bank customers through Mobit’s Internet Banking and can be used at all local and international online merchants/websites.
While expressing his delight at this launch, Mr. Fouad Farrukh, Head of Retail Banking, Faysal Bank stated:
In line with our continued commitment to offer our customers with fast, convenient and state of the art payment solutions, we are pleased to be the first commercial bank in Pakistan to launch a Virtual Card to facilitate online transactions for our customers. Digital payments in Pakistan are consistently showing an upward trend and with the recent rapid growth in eCommerce transactions, increasing number of our consumers are demanding more secure and convenient payment solutions. Innovative digital payment services like Mobit Virtual Card will play an important role in driving the country’s digital payments & will help foster the development of our financial market.
He further added, “Mobit Virtual Card is also an excellent alternative for those customers who do not have a credit or debit card, or who are reluctant to use their credit or debit cards for online shopping”.
Its not first, Easy paisa already have this product. How this is different then Easy paisa virtual card?
Its about bank Easypaisa not a bank
That’s called micro finance banking.
Tameer bank kia hai ..
easy paisa is subsidiary of telenor microfinance bank.
Telenor (easypaisa) is a microfinance bank while faysal is a commercial bank, faysal bank a first commercial bank of offering this service.
It is a product of Telenor bank. Faysal Bank is not the first.
Ye Sub Mill K Hum Ko Mamu Bana Rahy hai Kaam Wahi Naam Naya
Easy paisa virtual debit card is better
easy paisa is far better in many ways for instance with easy paisa you can keep upto two cards simultaneous free of costs, you can generate, delete your card many times free of costs, card have a validity of three years, whereas faysal bank as maximum validity is six months and have charges for different limits
We don’t need that Virtual cards by any Bank, we Only welcome if any party or any bank provide us the facility of Paypal by any means in Pakistan which is only worthy for us.
Is anyone try easypaisa virtual card on playstore? I am using another virtual card “entropay” which works perfectly for Xbox but not work on playstore error with “Google payment doesn’t support virtual cards”
Mobit virtual card is accepted by Google and all other online merchants. Give it a try.
AoA, Umer does it work on Google ads also ?
easypasia works fine on playstore,ali express ,chegg study and on other international websites where mastercard is accepted. i have personally used it on all these websites and playstore.
easy paisa virtual card works fine on playstore
Yes it’s working, I also use easypaisa virtual card for Netflix and Amazon prime video as well
Thank you everyone whom Ans my question.
PayPal lau PayPal.
Faysal bank should be ashamed of their online banking and their so called ‘mobile app’. It is the most pathetic experience and interface. Some kindergarten kid could design a better mobile app and online banking than this peice of crap. Who would actually manage to get a virtual card on such a pathetic interface. Faysal bank should rename their online banking from MOBIT to MOSHIT.
Is it possible to receive funds / payments from UK / US into Easypaisa Virtual Debit Card?
a good move for an online community
we need paypal
Ever heard about UBL wiz
ubl wiz is an actual card not virtual
Easypaisa virtual debit card is much more affordable and convenient than this.
No need for a bank account Headache.
With their Top Quality User friendly mobile app,one can manage all sorts of payments with a few clicks.