EBL, PAPL Nepal launch co-branded Visa contactless credit cards

Excelsior Correspondent

JAMMU, Aug 31: Everest Bank Limited (EBL) and Patanjali Ayurved Private Limited (PAPL) Nepal have launched co-branded Visa contactless credit cards.
Starting the season of festival on a positive note, co-branded cards come with a host of attractive benefits and spend-based waivers for the customers. They offer a hassle-free credit service to purchase day-to-day Patanjali products, along with cash backs, insurance cover and more. The cardholders may enjoy suitable cashback during the launching of card and during other festive seasons.
EBL offers 50% discount on issuance fee during first three months of launching period. Additionally, the customers will get MOCO digital wallet to link their credit card for purchase transaction, lucrative cash back offer on spends, along with cash advance/revolve, auto-debit facilities and interest free purchases for 14-45 days. EBL co-branded credit cards come with attractive insurance cover up to credit card limit for Accidental Death.
Acharya Balkrishna, Managing Director of Patanjali Ayurved Limited, said, “Patanjali Co-branded credit card with Everest Bank will definitely stand out for its added benefits it has to offer. Patanjali will use this medium to standardize rewards and benefits for its customer on purchase of valuable Patanjali products for their well being.”
Swami Ramdev also said, “Patanjali EBL Co-branded credit card will be one of its kind and will not only provide a cutting edge mode of payment for our dearest customers but also provide us with a medium to directly transfer benefits to our customers in terms of rewards, cashbacks and many more added benefits like insurance etc”.
Sudesh Khaling, CEO, EBL said, “It gives us immense pleasure to announce the launch of EBL Patanjali co brand credit card on Visa platform. We believe these cards will provide a unique and memorable shopping experience for millions of EBL and Patanjali customers as it caters to their healthy lifestyle needs. We look forward for our valued customers to have a delightful experience with this collaboration on board.”