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Virtual debit card launched

By APP
July 22, 2017

KARACHI: Telenor Microfinance Bank (formerly Tameer Microfinance Bank), through its mobile banking platform, has launched the country's first MasterCard, branded virtual debit card, to facilitate online shopping on local and international e-commerce shopping websites - using Easypaisa Mobile Accounts, a statement said on Friday.

Claiming it to be a continuation of its innovation spree, the authorities said the virtual debit card is aimed at facilitating digital payments and e-commerce in the country.

With the latest introduction, any Easypaisa Mobile Account customer using the Easypaisa smartphone app can instantly generate a Virtual Debit Card on their smartphone and then use this card for online payments - wherever MasterCard is accepted, it added.