Last year, many Nigerian commercial banks banned the use of naira ATM cards for online payments and point-of-sale (POS) transactions for overseas cash withdrawals.
Nigerians who buy things online and other IT professionals were frustrated because they could no longer use their naira cards to make purchases.
Are you one of those who make purchases and payments in foreign currencies, and you are finding it difficult to use your naira Mastercard or Visa Cards for such transactions? We have good news for you.
There are still few Nigerian commercial banks that allow the use of their Mastercard and Visa Cards for online and international payments in dollars.
ProvidusBank
ProvidusBank is one of the Central Bank of Nigeria licensed commercial banks. The bank has strong IT infrastructure and digital channels that it deploys to provide exceptional service to its numerous customers so they can achieve personal and business objectives.
ProvidusBank Platinum Mastercard is a debit card issued by ProvidusBank in partnership with Mastercard International which offers cardholders exclusive access to premium benefits.
There are three classes of ProvidusBank Platinum Mastercard:
Platinum Naria Mastercard: Linked to naira accounts
Platinum Dollar Mastercard: Linked to dollar domiciliary account.
Platinum GBP Mastercard: Linked to pounds sterling domiciliary account.
All cards work for international transactions worldwide.
For more information visit ProvidusBank webpage: www.providusbank.com/platinum-mastercard
Wema Bank in an email sent to its customers on 14th July 2023, set monthly transactions limit to $500.
Wema Bank customers can now take advantage of unrestricted transactions and make purchases worldwide using their naira cards which include Mastercard, Visa, and ALAT Mastercard.
“You can now use your Naira cards, including Mastercard, ALAT Mastercard, and Visa, for international spending. For your international transactions, you can enjoy up to $500 per month,” the email reads.