Kathmandu: Kumari Bank Limited has announced the launch of its first debit card powered by Mastercard, marking a significant milestone in the bank’s efforts to enhance its digital and card-based services.

The announcement was made during a press conference आयोजित by the bank, highlighting its broader digital banking roadmap and commitment to delivering secure, convenient, and globally compatible payment solutions.

Addressing the event, Chief Executive Officer Ram Chandra Khanal reaffirmed the bank’s focus on innovation and customer-centric service delivery. He noted that access to internationally accepted payment platforms will further strengthen service quality and customer confidence.

Providing additional details, Chief Digital Banking Officer Anish Tamrakar stated that the newly introduced debit card can be used at all Mastercard-accepting ATMs and point-of-sale terminals across Nepal, India, and Bhutan. The card also supports secure online payments and international transactions, catering to the growing demand for digital commerce and cashless payment systems.

He further shared that Kumari Bank plans to introduce its own Mastercard-powered credit card in the near future, further expanding its digital payments ecosystem. The bank has already been accepting Mastercard transactions through its ATM network nationwide since last year, and with the issuance of its own debit card, its end-to-end card service capabilities have been significantly strengthened.

Bank officials emphasized that all card services comply with global standards of security, reliability, and customer convenience, ensuring a seamless and safe banking experience.

The launch is seen as a strategic move to reinforce Kumari Bank’s position in Nepal’s rapidly evolving digital banking landscape. Customers are expected to benefit from faster, more secure, and efficient services through the bank’s extensive nationwide network, which includes 297 branches, 315 ATMs, 45 extension counters, and 48 branchless banking units.

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