Showing posts with label ATM. Show all posts
Showing posts with label ATM. Show all posts

Top 5 Virtual Dollar Cards For International Payments From Nigeria in 2024

 Purchases on international online platforms like Adobe Creative Cloud, Zoom, Microsoft Teams are complicated for residents of Nigeria. Similar issues also arise when paying for subscriptions to various services, such as Netflix and game platforms like Steam, PlayStation Network, Xbox Live.

One of the main problems is the restrictions imposed by banks, which set limits on international transactions and sometimes even block payments. Additionally, international payment systems may refuse to accept cards from Nigerian banks. Another challenge is the requirement for multi-step data verification for users from Nigeria on many international platforms.


However, there are solutions to these problems in the form of virtual dollar cards. Some of them even do not require passing the KYC procedure.


In this article, we present to you the Top 5 best virtual dollar cards. All financial transactions from Nigeria are possible with them! 


  1. PSTNET 

PSTNET is a financial platform offering virtual Visa/MasterCard cards for various purposes. They are utilized for media buying and online shopping.

Ultima is a 3D Secure virtual dollar card, it’s ideal for frequent purchases or payments. These cards are designed for transactions on platforms such as PayPal, Spotify, Netflix, Google Play, Apple App Store and many others, as they are issued by American banks. 

The cards can be topped up with cryptocurrencies like USDT TRC20, BTC (15+ coins), bank transfers via SWIFT or SEPA, or with another Visa/Mastercard card.

Advantages:


2% – the lowest commission for top-up


No limits for spending or top-up


Withdrawals in USDT are available 


No need for verification or document submission to obtain the first card


Registration in 1-2 minutes: use your Google, Telegram, Whatsapp, or Apple account


Special telegram bot and 24/7 customer support via any communication way


What's more, PSTNET offers a beneficial solution for large companies – digital White Label cards. These are cards that can be integrated into companies' products, becoming a unique payment solution for the brand.

  1. Barter Cards 

Barter Cards are dollar cards from Flutterwave company. They are designed for international transactions. To get a virtual card, residents of Nigeria need to download the app, undergo KYC, and verify their identity. However, after that, the card is available almost immediately.

Advantages:


Cards can be customized for specific payments or services


No limits on money transfers


Incoming money transfers from other countries are available


No limits on the quantity of cards


One card costs $1 

  1. ALAT Cards

The financial platform Wema Bank introduces digital ALAT Cards. It is designed for international purchases, transactions or payments for subscriptions and applications.

All deductions are made in NGN. However, virtual dollar cards are also available to users.

There is a system of limits on expenses, cash withdrawals and other operations.

For international transactions the ALAT card needs to be activated additionally to avoid payment processing issues.



Advantages:


Free registration


No complex data verification


Classic, Gold, and Platinum cards are available

4. Kuda Cards 

Kuda Cards are virtual Visa dollar cards by Kuda Technologies. They work in Nigeria and the United Kingdom. Kuda cards can be used to pay for services and applications such as Spotify, Netflix, Prime Video, Showmax, etc. Please note that there are limits on spending and deposits. Data verification is also required.


Advantages:


No card maintenance fee


Delivery of physical cards to home or office in Nigeria


Loan program

5. Chipper Cards

Chipper Cards are virtual Visa cards by the financial application Chipper Cash. It is used for financial transactions in Nigeria, other African countries, the United Kingdom and the United States. They were created for online shopping and payment for applications and digital services.

The service implies limits on spending and data verification.

Advantages:


0% commission for bill payments


2% cashback on Airtime 


Professional technical support



To sum up, all of these services offer unique advantages. However, it is important to consider personal preferences and financial capabilities when you choose a virtual dollar card. You can also read user reviews to form an objective opinion about financial services and make a right choice.


ATM Scam ALERT! Beware Of This New Trick By Fraudsters

This post was shared on Nairaland, we all should contribute by sharing it with others to create awareness. Continue reading below...

I work as a Support Staff for a commercial bank, and I have witnessed this New Crime case twice this week alone!!!

This fraud usually occurs at the ATM galleries. An 18-year-old customer and another ‘Rich’ adult customer were victims and now they have their BVN flagged for live and have cases to answer with the Police, and with their bank accounts on Post-No-Debit.
ATM Scam ALERT

THIS IS HOW IT WORKS;

1. You walk to an ATM and someone (fraudster) approaches you. The person may show you wads of cash and claim they have exceeded their withdrawal limit of 150k, and that they still need more cash. They then plead to make a money transfer into your own bank account so that you can withdraw it for them.

2. The TROUBLING thing in this seemingly harmless random act of kindness is that transfers are usually made from STOLEN PHONES or HACKED BANK ACCOUNTS!!!

3. The person who owns the bank account which the money transfer was initiated from would report to his bank, and the bank would send out a circular to the recipient’s bank with instructions to be carried out – which usually includes freezing your own account, BVN flagging, and on most times an order for your apprehension.

4. The next thing you would discover is that the next time you try to use your ATM card to withdraw, your transactions will be unsuccessful.

5. You then go to your bank and you get the news. You will thank your stars if there’s no MEMO to apprehend you and hand you over to the Police immediately – for something you surely don’t know about. You may be advised to quickly go get a Police Report.

The 18-year-old boy was sent to withdraw money from his bank account by his Mom. On getting to the ATM, he was held at gun point by the fraudsters and the money transfer was made, money withdrawn, and he was released. The money here was 40k. The boy was advised to report himself to the Police, and he should follow up with the bank.

The adult customer was approached respectfully by a fraudster brandishing loads of cash. So, he felt at ease and ‘helped’, not knowing he had been exposed for flagging. Here, the amount of money involved was 50k. The customer who has about 1 million naira in his bank account has now been undone because of 50k he knows nothing about. Now, there’s a MEMO to have the customer arrested anytime he steps into any of the bank branches.

Who knows if the stolen phones were acquired via One Chance armed robbers or the bank transfer details were supplied by Serial Hackers? This is a serious criminal issue.

Remember, if you have your BVN flagged, then you are so done with any legal financial dealings.

DO NOT HELP ANYBODY AT THE ATM!!! NOT EVEN AN OLD FRIEND, CHURCH MEMBER OR WHATSOEVER. SAY NO TO STRANGERS WHO APPROACH YOU FOR ANY TRANSFER FOR WITHDRAWAL AT THE ATM.

Imagine getting locked up over money you know nothing about other than helping someone to withdraw.

SEE ALSO: How To Avoid Being Robbed At The ATM

Shared by @RapportNaija.

Nigeria Ranks High Among Top Global ATM Users Despite This...

A technology expert and Chief Executive Officer of the Computer Warehouse Group, Mr. James Agada has said that a higher percentage of Nigerians make use of the ‘automated teller machines’ (ATMs) compared to their counterparts in Ghana and U.K, despite the fact that only 15,000 out of the 60,000 installed ATMS in the country are functional.

Agada who spoke at an ICT editors’ workshop organised by his company recently, said the average ATM in Nigeria dispenses thrice the number of notes in Ghana and ten times the number of notes in U.K.

He added that “by accepted proportion, according to the Central Bank of Nigeria, we should have at least 60,000 ATMs installed but only 15,000 ATMs are available to serve the teeming population. Yet, despite the shortfall in ATMs, the number of people with ATM cards keep increasing by the day and Nigeria still ranks higher in ATM usage.”

He however admitted that ATMs come with peculiar issues, but also argued that these problems are sometimes overstated.”The core issue we have with the ATMs are that we don’t have enough of them and the few around are overwhelmed.”

“As far as ATM security is concerned, Nigeria is more secured compared to places like the U.S.A. or U.K. In Nigeria we have many measures being deployed to curb the problem of ATM-related fraud. We also have PIN-Shield, security cameras, mirrors, encryption technology, anti-phishing devices fixed on the ATM and we are not resting on our oars.”

For him, no technology is completely impregnable, because “there’s nowhere you carry out transactions, without the risk of some likely fraudulent potential. You will recall that the Central Bank of Bangladesh was scammed and lost $80million to fraud which has gone untraced till date. So if the system of the Central Bank can be compromised by these fraudsters, no one is spared.”
via

I still want to see when Nigeria will be ranked as among highest creators of labor or at least among highest users of steady power supply.

Now That We Can't Use ATM Card In 2016 For Abroad And Online Transactions; What Next?

Tell me, how will it feel when you want to pay for goods online on Amazon, Ebay, etc and your ATM card is rejected? What will you do when you try to withdraw money with your Nigerian MasterCard after traveling back to that foreign country and the machine refuse to pay you? Bloggers what will you do when your domain that are hosted in foreign companies expire and you try to renew it the usual way with your mastercard and it refuse to renew? This and many other difficulties is what Nigerians will be facing two days from now as we match into the year 2016. This is a bad news and a huge setback to online business in Nigeria.

GTBank is Offering 1GB Worth Of Data To GTCrea8 Account Holders


This is the trending thing at the moment for all GTBank account holders. You can get as much as 1GB free data to brows on all networks and on your favorite websites this season the promo opened in December 1 and it is still going on and will end by February 28, 2016. GTB bank is rated among the best banks in Nigeria for online transactions and e-banking services. To enjoy this free 1GB data, you have