Using credit Cards in Nepal
About Using Credit cards in Nepal
Credit cards are not widely accepted in Nepal, especially accepted in larger cities and tourist areas only. Its important to note that many businesses may still prefer cash payments, particularly in more rural areas. Here's what you need to know about using credit cards in Nepal:
Credit card acceptance:
Major credit cards such as Visa, Mastercard, and American Express are generally accepted at hotels, restaurants, and larger shops in Nepal. However, it's always a good idea to carry some cash with you, especially for small transactions or in areas where credit card acceptance may be more limited. It's also important to note that while credit card acceptance is becoming more common in Nepal, some businesses may charge a processing fee for credit card transactions. This fee is typically a percentage of the total transaction amount, so it's important to factor this into your budget when using credit cards.
Businesses that accept credit cards:
Hotels and larger restaurants are more likely to accept credit cards in Nepal, as are shops and businesses that cater to tourists. In cities such as Kathmandu and Pokhara, you'll find a wider range of businesses that accept credit cards, including department stores, supermarkets, and souvenir shops. However, in more rural areas and smaller towns, cash may still be the preferred method of payment, so it's always a good idea to have some local currency on hand.
Tips for using credit cards in Nepal:
Always carry some cash with you, as not all businesses will accept credit cards.
Notify your credit card company before traveling to Nepal, to avoid any potential issues with card usage.
Check the exchange rate and processing fees before using your credit card for transactions in Nepal.
Keep your credit card and personal information safe and secure, especially when using it for transactions in unfamiliar places.
Credit card and Debit card Fees in Nepal
If you're planning to use your international credit or debit card in Nepal, it's important to be aware of the fees that may be associated with your transactions. Here's what you need to know:
Credit card fees:
When using your international credit card in Nepal, you may be charged a foreign transaction fee by your credit card company. This fee is typically a percentage of the total transaction amount, and can range from 1-3% depending on your card issuer. In addition, some businesses in Nepal may also charge a processing fee for credit card transactions. This fee is typically a percentage of the total transaction amount, and can range from 2-5% depending on the business.
Debit card fees:
When using your international debit card in Nepal, you may be charged an ATM withdrawal fee by your bank. This fee is typically a flat rate, and can range from $2-5 per withdrawal depending on your bank. In addition, you may also be charged a foreign transaction fee by your bank for using your debit card outside of your home country. This fee is typically a percentage of the total transaction amount, and can range from 1-3% depending on your bank
Which bank offers international Debit card ATMs in Kathmandu and Pokhara
When traveling to Kathmandu or Pokhara, it's important to know where to find reliable international ATMs to withdraw cash. Here are some of the best international ATMs in Kathmandu and Pokhara:
Kathmandu:
Himalayan Bank: Himalayan Bank has multiple ATM locations throughout Kathmandu, and accepts international debit cards from Visa, Mastercard, and Cirrus. Some of their ATMs even dispense US dollars in addition to Nepali rupees.
Standard Chartered Bank: Standard Chartered Bank has several ATM locations in Kathmandu that accept international debit cards. They may charge a fee for using their ATMs, so be sure to check with your bank to see if any additional fees will apply.
Nabil Bank: Nabil Bank has several ATM locations in Kathmandu that accept international debit cards. They may charge a fee for using their ATMs, so be sure to check with your bank to see if any additional fees will apply.
Pokhara:
Nabil Bank: Nabil Bank has multiple ATM locations in Pokhara that accept international debit cards. They may charge a fee for using their ATMs, so be sure to check with your bank to see if any additional fees will apply.
Himalayan Bank: Himalayan Bank also has several ATM locations in Pokhara that accept international debit cards. Some of their ATMs even dispense US dollars in addition to Nepali rupees.
Standard Chartered Bank: Standard Chartered Bank has one ATM location in Pokhara that accepts international debit cards. They may charge a fee for using their ATM, so be sure to check with your bank to see if any additional fees will apply.
Do Taxis in Nepal accept credit or debit cards?
It is uncommon for taxis in Nepal to accept credit cards. Most taxis in Nepal only accept cash payments, particularly in smaller cities and rural areas. However, some taxi companies in larger cities like Kathmandu may offer the option to pay with a credit card or mobile payment system like eSewa or Khalti Apps. It's always a good idea to check with the taxi company in advance to see if they accept credit card payments, and to have cash on hand as a backup in case credit cards are not accepted. Additionally, it's always a good idea to verify the fare with the driver before getting into the taxi to avoid any misunderstandings or disputes.