Standard Chartered Bank has recently launched contactless credit cards facilities for its customers. From now on, the customers can complete close-range payments up to NRs 2000 per transaction. A newly issued contactless card would have a contactless indicator that verifies for making contactless payments. Similarly, the existing credit card customers of the bank can also request the bank to activate this service.
Know more about SCB Contactless Visa Credit Card?
SCB’s Contactless Visa Credit Card is a chip card that has near-field communication (NFC) capacity which enables making contactless payments. Unlike a regular credit card, you do not need to insert the card inside any payment terminals or submit your PIN while using a contactless card. In this way, you can make contactless payments through this card.
Contactless payments use short-range wireless technology to securely complete payments between a contactless card and a contactless-enabled checkout terminal. The users can make payments as per the maximum amount prescribed by the regulatory body.
A credit card enables the customers to pay for various transactions either digitally or via POS terminals. Mostly, they can use this card to pay for merchants, do online shopping, or use in an ATM to disburse cash. Likewise, this service is only available for transactions within Nepal.
What is the transaction limit for this card?
As per the NRB guidelines, there is a threshold for contactless payments via this contactless card. The maximum allowed limit per transaction is NRs 2000. To make payments above this amount, the merchants need to enter the card in the POS chip card reader and you need to enter the PIN to process the transactions.
How to get an SCB Contactless Visa Credit Card?
This card is powered by VISA which you can get either by applying online or visiting the bank. Both new and existing credit card users can enjoy this facility. The existing SCBNL Credit Credit Cardholders can apply for the contactless card with applicable charges. Then their existing card will be discontinued after the issuance of the new card.
Upon the expiry of an existing credit card, the bank automatically issues the new contactless card to its customers.
The bank has informed its valuable customers about this new service. If not, here’s how you can get a contactless credit card from Standard Chartered Bank as its customer.
You can either apply for it online through the bank’s website or visit the bank to request the issuance of a contactless card. Then you will get a contactless card that has a contactless indicator in its plastic body. There will be no changes in the existing design of the Credit Cards except BBSM Laav Credit Card will have a different image.
According to the bank, this contactless card will support both contact and contactless payments. The bank would charge for the issuance of the card as per its policy.
About Standard Chartered Bank Nepal
Standard Chartered Bank Nepal (SCBNL) is one of the leading commercial banks in Nepal which has higher customer service with its various products and services. It won the “Best Consumer Digital Bank in Nepal” title in the year 2020, by Global Finance. It is an international banking institution that started its operation in Nepal since 1987. Most importantly, this bank is popular for safe and convenient credit card service. It has variety of credit card options for various users. The customers can get their Visa Classic Credit Card and Visa Platinum Credit Card under certain criteria. Similalry, this bank offers Bhatbhateni (BBSM) Laabh Card which allows discount to the BBSM customers on making payment through this card. Moreover, it also offers Priority Banking Credit Card for high-value customers who perform transactions at higher volume.