To know if a virtual card is the best for international payments in Nigeria, It’s vital to weigh the benefits and the track record of security and reliability.
Since the pandemic hit in 2020, Nairametrics recorded that 71% of consumers went cashless with online purchases, and the number keeps increasing by the day. Individuals and businesses in Nigeria constantly made international payments with local debit cards until a $20 limit was placed on using these cards– and eventually, an absolute ban on them.
However, since the restriction, there has been a heavy shift to virtual cards for international payments. Virtual cards offer a secure, efficient, and cost-effective way to make online transactions. The question is, how do you choose the best one to use?
To determine whether a virtual card is a right choice for international payments in Nigeria, it is essential to weigh the benefits and limitations carefully and choose a reputable provider with a proven security and reliability track record. By doing so, you can take full advantage of virtual cards' benefits, while minimizing the risks associated with online transactions.
Bitnob: The Best Virtual Card for International Payments
Bitnob’s virtual dollar card ticks off the list of things to consider when choosing a virtual card for international payments. It is quick and easy to create without attracting any card creation fee. You can quickly pay on international platforms such as Fiverr, Mailchimp, Skillshare, apple, Aliexpress, Amazon, Netflix, Figma, Canva, and a lot more.
Also, Bitnob’s virtual card is not limited to being used in Nigeria. You could be in other African countries like Kenya, Ghana, Senegal, etc, and still, make online payments.
Another advantage of Bitnob’s virtual card for international payments is security. It eliminates the need to carry large sums of cash, which can be subject to theft or loss. Additionally, the cards are protected by fraud protection and dispute resolution systems, providing you with peace of mind when making international payments.
Generally, the use of virtual cards also provides you with greater control and flexibility over your finances. Virtual cards allow you to set limits on the amount you want to spend, making it easier to manage your finances and avoid overspending.
How to use Bitnob’s Virtual Dollar Card for International Payment.
Assuming you want to pay for a course on Udemy or subscribe to other learning platforms like Skillshare– To use Bitnob’s virtual card to make the payment, you are required to download Bitnob, get your account verified, proceed to create and fund your virtual dollar card, and follow these easy steps below;
- Open the platform you want to make the payment
- Copy your Bitnob’s card number, expiration date, and CVV code and fill in the details
- Review the total cost and proceed to make payment.
Instantly, your payment will be processed and your card gets debited. Your financial and personal data are safeguarded, and the payment procedure is safe and encrypted.
Why you should use Bitnob’s Virtual dollar card for International payments.
While several virtual cards have been recently churned out, some features are peculiar to the Bitnob virtual card that make it stand out;
- Card Creation costs $2
- There is no card maintenance fee
- You can spend up to $10,000 monthly on your card and top-up $5000 at once.
- Card activation is instant
- You can withdraw from your card at any time
Bitnob is not limited to virtual cards.
As expected, you are reading this article because you need the best virtual card for international payments. But did you know that Bitnob offers instant cross-border payments across Africa? Nigeria, Kenya, Ghana, and 5 other African countries are all supported in making intra-Africa transactions
Having an account and creating a virtual dollar card on Bitnob will cost you nothing, so why not get started now? Was this article helpful? Feel free to share with your friends.