Announcement

Introducing Bitnob’s Virtual Visa Card: Shop, Pay, and Transact with Ease!

Bitnob Team
Bitnob Team
5 min read
Introducing Bitnob’s Virtual Visa Card: Shop, Pay, and Transact with Ease!

Shop, pay, and transact seamlessly using the Bitnob Virtual Visa Card. Enjoy top-notch security and a hassle-free experience.

We’re excited to announce that you can now create a virtual Visa Card on Bitnob. This is your opportunity to go limitless with how you spend your money. With the Bitnob virtual Visa card, you can shop seamlessly online–both internationally and locally.  You can pay for your monthly subscription on your favorite streaming platforms including, YouTube, Netflix, Prime Videos, and many more.

Why You Should Use The Bitnob’s Virtual Visa Card

The benefits of Bitnob’s Virtual Visa Card are abundant, making it a convenient and secure option for various financial transactions. Here are some of the advantages of using the Bitnob Virtual Visa card;

Ease of Use

Creating a virtual card on Bitnob is quick and easy, eliminating the need to visit a physical bank to get a physical card for your online transactions. 

Security

One of the primary benefits of using the Bitnob Virtual card is enhanced security. Typically, virtual cards are mainly virtual, there is nothing physical about it. So, there's no risk of it being lost or stolen. This reduces the chances of unauthorized access to your account information.

Traveling Light

Instead of carrying multiple physical cards, you can create your virtual cards on Bitnob for expenses like Air BnB bookings, car rentals, or online purchases. This minimizes the risk of losing physical cards during your travels.

Budgeting and Financial Management

Financial discipline isn’t far-fetched with the Bitnob virtual Visa card. You can set spending limits by allocating specific amounts of money for particular purposes. As you make any transaction with your card, you are allowed to effortlessly monitor and track your expenses, helping you make informed financial decisions.

Controlling Subscription Payments

Getting Bitnob’s virtual visa card allows you to easily handle your subscription payments. Whether it's streaming services, fitness apps, or digital magazines, you can choose which subscriptions to keep, ensuring that you only spend money on what truly holds value for you.

Key Features of the Bitnob Virtual Visa Card

Besides the ability to effortlessly create and Top-up your virtual card, the Bitnob virtual card includes some unique features. We aim to ensure that you have an excellent experience when using the virtual card. Some of these features are:

Fund your virtual card with up to $10,000

For every visa card that you create on Bitnob, you can load it with a maximum of $10,000. However, you can only top up your card with $1000 at each top-up. 

You no longer have to be worried about not being able to make large online transactions for certifications or mini-importation business.

Withdraw your Funds Anytime

If you have your balance remaining on your virtual card, you can withdraw what’s remaining on your virtual card and it gets deposited into your USD wallet. However, It may take up to 24 to 48 hours for the funds to reflect in your account. This processing time ensures that all pending transactions on your card are properly settled, providing you with an accurate account balance.

Customize your virtual card

You're not just given the flexibility to make payments for products and services across numerous online stores and platforms; you also have the chance to personalize your virtual card. You can adjust its color, assign a name, and even provide a description. 

This feature is also beneficial for distinguishing between the various virtual cards within the Bitnob app.

Pricing for Bitnob’s Virtual Visa Card 

Creating your virtual Visa card on Bitnob costs a one-time fee of $1, and each time you top-up your card, you will be charged $1 if the amount is less than $100, and 1% of the top-up amount is equal to or greater than $100.

There is also a cross-border fee of 2.5% of your transaction and an additional cost of $0.5 for every transaction. This cross-border fee is charged when payments are made in currencies other than the USD or when your card is used for transactions outside of the US. However, you will not be charged any fee for monthly maintenance on your card.

How to Create a Visa Virtual Card On Bitnob

Setting up your Virtual Visa Card on Bitnob is a straightforward process. Once you have downloaded Bitnob, and you have your account verified, you have the freedom to create and personalize your virtual card, following the step-by-step guide below;

* Tap on “Cards” on the Quick Links section of the homepage

* Click on “Create a new virtual card"

* If you’ve not done your KYC, you’ll be requested to complete your KYC.

* Give your card a name.

* Enter the amount you want to fund your card with then tap on “Next Create Card”. You can top up a minimum of $3 and a maximum of $1,000.

* Personalize your card then tap on ‘Next - Confirm your transaction pin’

* Enter your transaction pin

Voila! You’ve successfully created your virtual Visa dollar card and funded it. It’s now all set and ready to use. 

If you have any questions or require assistance, you can send a message to our support team via the live chat within the app. Ready to have a more seamless online payment experience? Download the Bitnob app to create your virtual Visa Card.