How to Get a Virtual Dollar Card for Online Payment

Recently, the Nigerian banks reduced the usage of international spending limit on all naira master cards to $20. This is not the first time Nigerian banks will temporarily block the usage of the Naira master card on international sites. 

Around September 2020, a spending limit of $100 was placed on all naira master cards per month, and now $20 spend limit is placed on all naira cards except for a few banks which allow a $50 spend limit per month.

What is a Virtual Dollar Card?

A Virtual Dollar Card is a non-physical (hence, “virtual”), dollar-denominated debit card. These forms of debit cards are mostly designed for online payments. And not for anything that requires physical handling like withdrawal of cash.

The details of the virtual card, which will be required to make online payments, would most likely be found on the platform used to create it. The card can be used to make payments for services like Netflix, Facebook Ads, e.t.c

However, in this article, we will discuss about the following online card providers;

1. Barter by Flutterwave
2. ALAT by Wema
3. Eyowo Virtual Dollar Card
4. Spectro Card
5. Wallet

How to Get a Virtual Dollar Card for Online Payment

1. ALAT by Wema

ALAT by wema is a digital banking owned by WEMA bank, launched in 2017. You can easily get a virtual dollar card with this bank.

How to Get Virtual Dollar Card With ALAT

1. Register here if you don’t have an account yet, and use this referral Code (6CJDU2) during registration
2. Login to your Account on mobile or web
3. On the main menu, click on Card
4. Click on “ALAT Dollar Card”.
5. “Create a New Card”
6. Fill in all required information to proceed.

The virtual dollar card comes with regular card details (your card name, card number, expiry date and the three-digit CVV code) saved on your app. You can retrieve these details whenever you need them.

2. Barter by Flutterwave

Barter is a product owned by flutterwave, you can send and receive money with the card globally. It only takes 5 minutes to create your virtual card.

How to Create Virtual Dollar Card with Barter

1. First of all Download the Barter by Flutterwave on Google Playstore or iOS store
2. Complete the KYC and identity verification process
3. ‘Add money’ to your Barter account either through your debit card, or bank transfer
4. Click ‘Create new card’
5. You could either create a Multifunctional card (i.e it can be used for all your online purchases/payments) or a custom card which can be used for specific purposes on specific platforms (e.g Netflix card, or an ASOS card)
6. Enter the amount you’d like to fund your dollar card with and continue.

3. SpectroCard

SpectroCard is a virtual prepaid MasterCard platform. They let users create virtual MasterCard cards including Dollar cards.

How to Get a Virtual Dollar Card on SpectroCard

1. Create an account with SpectroCard.
2. Verify your account via email.
3. Update your account with your information.
4. Fund your account.
5. Create card.

4. Eyowo Virtual Dollar Card

You can make secure online payment with Eyowo dollar card, all you need to do is download eyowo mobile app or login from their web portals

How to Get Eyowo Virtual Dollar Card

1. Once you are logged in on the Eyowo mobile app:
2. Tap on More from the home screen.
3. Tap on Eyowo Cards.
4. Tap on the Create Card button at the bottom of the screen.

To start using the card for your online purchases, you will have to fund the card.

5. Wallet

Wallet is an online digital financial platform built around your phone number. With your account, you can transfer money within Nigeria, Ghana and Kenya, buy airtime and data, and pay bills.

How to Create Wallets Virtual Cards

1. Download the Wallet Mobile App and open an account.
2. Log into your Wallet app
3. Fund your Wallet with a card, bank account or bank transfer.
4. Select ‘Dollar Card’ on your dashboard
5. Fund your dollar card with $10

Note: Creating a Wallet dollar card attracts a one-time charge of $5. The minimum amount you can fund your dollar card with for $10.

There are other providers who gives you the option of creating a virtual dollar card, but with the above, you can pay for anything online without any form of restriction. Let us know in the comment if you are already using any of the above.