Faysal Bank becomes first commercial bank in Pakistan to launch virtual card

Faysal Bank Limited (FBL) has become the first commercial bank in Pakistan to launch a virtual card, reported Roznama Dunya on Friday.

Faysal Bank’s “Mobit Virtual Card” is a digital card that will allow e-Commerce purchases for 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.

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