Need to make payments internationally but don\’t have a dollar debit or credit card? Virtual dollar cards are revolutionizing cross-border transactions for Nigerians.
A virtual dollar card allows you to make purchases, send money overseas, and complete other forex transactions online securely. They function just like plastic cards but in digital form, linked to either your Nigerian bank account or e-wallet.
In this comprehensive guide, we walk through everything on how to get a virtual dollar card in Nigeria, including:
- Overview of virtual dollar cards
- Providers offering virtual dollar cards
- Features and benefits
- Fees and charges
- Requirements to apply
- Activation and usage tips
- FAQs
By getting a virtual dollar card in Nigeria, you gain access to seamless international payments and commerce. Continue reading to learn all about maximizing these innovative digital card solutions as a Nigerian user.
What is a Virtual Dollar Card?
A virtual dollar card is essentially a digitized version of a typical dollar-denominated debit or credit card. However, instead of receiving a physical plastic card, all the details required for your card like card number, CVV and expiration are provided digitally.
You can then use this card information to make dollar payments just like with a regular card, but through online channels instead of swiping or dipping a plastic card.
Some key features of virtual dollar cards in Nigeria include:
- Issued instantly without needing to wait for delivery
- Mostly reloadable debit-style functionality
- Can be used for international ecommerce, money transfers etc.
- Make digital dollar payments without forex charges
- Convenient online management using app or portal
- Secured with technology like tokenization
For the average Nigerian, virtual dollar cards provide an easy way to make dollar payments online, pay foreign service providers, send funds abroad to dependents, and shop cross-border without any hassle.