How to Create a Virtual Dollar Card in Nigeria in 2024

Making international payments without any annoyance, especially in today’s globalized world is very important. But for many in Nigeria, it’s been a constant challenge, especially when it comes to making payments on a platform that accepts only dollars or other foreign currency. In this essence, traditional debit cards are often useless, and currency exchange limitations make the process harder.

A Virtual USD Card is easy to create, and it can make your life simpler. With a virtual dollar card, you can make international payments without any annoyance or stress. But first, let us take a look at how to create a virtual dollar card in Nigeria

Understanding the difficulties of International Payments in Nigeria

Navigating the international payment landscape in Nigeria has often been a difficult task. The debit cards issued by our local banks in Nigeria, face restrictions and limitations when used for online transactions outside the country.

Currency exchange rates (currently $1=#1660) can be unfavourable, resulting in hidden fees and additional charges that take a toll on your finances.

Many popular online platforms and services for example; Twitter, Alibaba, and Aliexpress, require payments in foreign currencies,  making it challenging for Nigerians to access a wide array of products and services.

Whether you’re a businessman or woman looking to make business-related transactions or an individual wanting to shop from international websites, the struggle is real.

How to Create a Virtual Dollar Card in Nigeria

Virtual Dollar Card is a game-changer in the world of international payments for Nigerians. It is a digital payment solution that allows you to make online transactions in foreign currencies without the limitations imposed by traditional banking systems.

Here’s a step-by-step guide to creating a card:

Step 1: Start by choosing a reputable provider and visit their website, or download their app.  Click on Get Started and sign up with your functional email address

Step 2: Enter the OTP sent to your email and then create your Accesskey – this serves as your password.

Step 3: Perform your KYC to confirm your identity.

Step 4: Go to “my account page” copy your NGN account number and fund it.

Step 5: Navigate to “my card page” click to create a USD card and choose between a Visa, Master Dollar card, or NGN Verve card, you’ll be charged $3 for card creation and an extra $1 to fund your new card.

Congratulations! With your already-created Virtual Dollar Card linked to your preferred platforms, you can now enjoy hassle-free international transactions, zero payment restrictions and unfavourable exchange rates, as you navigate the global market with ease.

Benefits of  a Virtual Dollar Card

Not to blow our trumpet, but when it comes to Virtual Card services, Falconlite takes the lead.

Here are some of our benefits:

• Fast payment processing
• Secure funds
• Easy to use and navigate
• Speedy transactions
• No hidden fees or additional charges

What is the Cheapest Virtual Dollar Card in Nigeria

Falconlite remains the cheapest virtual dollar card in Nigeria, for the following reasons:

1. Affordable Fees: our card creation fee is quite affordable
– Card Creation Fee: $3
– Funding Fee: $1

2. Versatile Usage: our card can be used on several platforms either for payment of ads or blue tick(on Twitter) or for entertainment on Prime, and shopping on Aliexpress, Amazon etc
– International Platform Payments
– Advertising on Twitter and LinkedIn
– Entertainment Expenses

3. Convenience: Our KYC is easy to do and automated
– Instant Card Creation Process
– Seamless Fund Transfer

4. Security: Protected by AML
– Secure Transactions
– Fraud Protection Measures

5. Accessibility:
– Accessible via website and Mobile App(coming soon)
– Easy Account Management

Falconlite stands out as the most cost-effective option for obtaining a virtual dollar card in Nigeria, offering competitive fees and a wide range of benefits for various financial transactions.

Best Virtual Dollar Card Providers in Nigeria 

As more Nigerians seek easier ways to make payments on international platforms, virtual cards have gained popularity.

Here are 7 best virtual dollar card providers in Nigeria for 2024:

1. Falconlite
   Falconlite offers a user-friendly platform for creating virtual USD cards, making it easy to conduct international transactions with low fees. Their focus on customer service and security makes them a reliable choice.
2. Geegpay
   Geegpay provides a seamless experience for users wanting to make online payments. Their virtual cards are widely accepted for e-commerce and subscriptions, ensuring a hassle-free shopping experience.
3. Grey
   Grey is known for its versatile virtual cards that support multiple currencies. Users appreciate its easy setup and management features, along with competitive exchange rates for transactions.
4. Chipper Cash
   Chipper Cash is popular for its instant transfer features and competitive fees. Their virtual dollar cards are great for online shopping and can be linked directly to the Chipper Cash app for convenience.
5. Payoneer
   Payoneer allows users to receive international payments and make online purchases. Its virtual dollar card is especially useful for freelancers and businesses dealing with overseas clients.
6. Revolut
   Revolut offers a comprehensive financial app that includes virtual dollar cards. Users benefit from advanced budgeting tools and currency exchange features, making it a favourite among tech-savvy consumers.
7. Wise (formerly TransferWise)
   Wise provides a transparent approach to currency exchange and international payments. Their virtual dollar cards are linked to users’ accounts, enabling easy access to funds for online transactions. 

Summarily, creating a Virtual Dollar Card in Nigeria opens up a world of possibilities for international transactions. As the fintech landscape changes, innovative solutions like Falconlite virtual dollar cards provide a lifeline for individuals and businesses looking to overcome the challenges of cross-border payments.

Embrace the future of finance, simplify your transactions, and enjoy the freedom of hassle-free international payments in Nigeria with Falconlite.

If you want to experience the ease of transactions, Join Falconlite today. Head over to our website and get started!