Kathmandu. Nepal’s leading digital payment network Fonepe in partnership with Kumari Bank Limited has launched Kumari PhonePe Credit Card.

It is believed that this will further strengthen Nepal’s digital credit system. This virtual credit card issued under the PhonePe Credit Card Scheme has now been made available to kumari bank customers through Kumari Smart Mobile Banking App.

Kumari PhonePe Credit Card is a completely digital service that enables users to scan and pay to any PhonePe QR merchants across the country.

This has completely eliminated the need for traditional cards, combining the interest-free period of up to 45 days and flexible installment options with the ease and security of QR payments in the main features of traditional credit cards.

Kumari Bank has announced a special offer of 50 percent cashback (up to a maximum of Rs 500). Which will be applicable to transactions made through Kumari PhonePe credit card. This limited-term offer aims to help you save on daily expenses while promoting the QR-based credit payment experience.

Divash Kumar, CHIEF Executive Officer, Fonepe, says, “With Kumari Bank joining the PhonePe credit card network, we are significantly expanding our reach — enabling users to access virtual credit instantly, safely and easily. This fully virtual credit card has taken an important step towards making credit accessible and inclusive to all Nepalis. Our approach is to redefine credit for the digital age —where getting a credit card is as easy as scanning to pay. ”

Now Kumari Bank has been included in the growing list of financial institutions adopting Fonepe’s virtual credit solutions. Which is a sign of a smarter, safer and more inclusive digital banking future in Nepal. This partnership reflects a shared vision of modernizing digital credit access and providing users with a seamless, secure and digital payment experience. PhonePe Credit Card is now available at Citizen Bank, Everest Bank, Mahalaxmi Bikas Bank and Kumari Bank.