Find the details, Prices and Charges of Faysal bank Mobit Virtual Card and how to use it online.
Faysal Bank has provided a virtual debit card for Pakistanis so they can shop at online websites. The bank says that it is the first ever commercial bank to launch this facility in Pakistan and the Mobit Virtual card will allow them to shop safely without spending more as payment charges.
Is Faysal Bank Mobit Virtual Card beneficial?
Yes. It can be used at many outlets (online and offline) and on virtual kiosks of most stores. The payments can be made through your faysal bank virtual card.
The Mobit Virtual Card is acceptable on all websites where MasterCard® is accepted.
Some places where you can pay through your Faysal Bank Mobit Virtual Card include:
- Paying for fees of ACCA, ICMAP, SAT, Toefl, IELTS, or university abroad, etc.
- Shopping payment of eCommerce website like Daraz, YayVo, AliExpress, etc.
- Buying things including music at iTunes, Google music, Amazon Mp3, Napster, etc.
- Making software purchases from Google Playstore, Apple store, etc.
- Making payments of adverts on Facebook, LinkedIn, Youtube, etc.
- For crypto currency and forex trading
How to get the Mobile Virtual Debit Card
Generate Mobit Card
1- Log on to Mobit Internet Banking at https://mobit.faysalbank.com to generate your Mobit Virtual Card instantly with limit of your choice!
Upon card creation, your new Virtual Card’s details including the 16 digit card number, expiration date, and the card verification code will be visible on Internet Banking immediately.
Load balance to your card
2. Instantly load balance on your Virtual Card by transferring funds from your bank account via Mobit Internet Banking online immediately. Fund can be loaded multiple times in case of Reloadable Virtual Cards.
Use Mobit Virtual Card
Here are the benefits of using a virtual debit card by Faysal bank.
1. Card creation is flawless and fast
2. No paper work or long bank queues to get the card
3. Set your own spending limits
4. Prevention of data thefts and scams
5. Spend only as much as you want
6. Free & instant reloads (for Reloadable Virtual cards)
7. No need to carry around a physical plastics
Mobit Virtual Card Types:
You can have two different virtual cards including the burner virtual card that can only be used for once. And, the reloadable virtual card that can be used as many times as you want within a six-month period.
Choose from a (one-time usage) Burner Virtual Card or a Reloadable Virtual Card.
Virtual Card Types |
Card Limit (PKR) |
Card Expiry Time Period |
Burner Virtual Card |
3,000 |
After one usage |
5,000 |
||
20,000 |
||
50,000 |
||
100,000 |
||
Reloadable Virtual Card |
3,000 |
6 months |
5,000 |
||
20,000 |
||
50,000 |
||
100,000 |
Transactions for Reloadable Mobit Virtual Card
- Number of Daily Transactions: 10
- Number of Monthly Transactions: 100
Fee & Charges
- Virtual Card Issuance Fee (One Time):
Virtual Card Type |
Card Limit (PKR) |
Card Issuance Fee (PKR) |
Burner Virtual Card |
3,000 |
50 |
5,000 |
100 |
|
20,000 |
200 |
|
50,000 |
300 |
|
100,000 |
400 |
|
Reloadable Virtual Card |
3,000 |
100 |
5,000 |
150 |
|
20,000 |
250 |
|
50,000 |
350 |
|
100,000 |
400 |
- Virtual Card Reload Fee: FREE
- Local Currency Transaction Fee: FREE
- Foreign Currency Transaction Fee: Up to 3.5% of the transaction amount including cross border transaction fee as per MasterCard
Please note that the charges include taxes.
Also, you should know that the fees may get revised by Faysal Bank from time to time. So, for the latest price list visit their website.