Navigating international transactions with a naira card has become increasingly challenging for Nigerians. In the first quarter of 2022, naira-denominated cardholders were restricted to a mere $20 limit for international transactions.
By December, these limitations had peaked when Nigerian banks had completely barred naira cards from being used for international payments. This situation has left many seeking alternative solutions, and EverTry virtual dollar cards have emerged as a reliable option.
Can a Naira Card Be Used for International Transactions?
As of now, the straightforward answer is no. Due to the stringent restrictions imposed by Nigerian banks, naira cards can no longer be used for international transactions. This policy shift has left many frustrated and searching for viable alternatives to handle their international financial needs.
Can I Use My Naira Card to Pay for a UK Visa?
Unfortunately, you cannot use your naira card to pay for a UK visa. The restrictions in place prevent any international payments, including visa fees, from being processed with naira cards. However, there is a solution: EverTry virtual dollar cards. These cards are designed to facilitate international transactions seamlessly. With an EverTry virtual dollar card, you can pay for your UK visa without any hassles. Simply create and verify your account, complete your KYC, fund your wallet, and create your card. It’s a straightforward process that provides you with a reliable way to manage international payments.
Which Cards Allow International Transactions?
Given the current restrictions on naira cards, Nigerians need to look for alternative cards that support international transactions. Here are some options:
- EverTry Virtual Dollar Cards: These cards are specifically designed to bypass the limitations imposed by Nigerian banks. They allow you to make international payments easily and are a reliable choice for those needing to transact globally.
- Prepaid Dollar Cards: Some financial institutions offer prepaid dollar cards that you can load with foreign currency. These cards are not tied to a naira account and can be used for international transactions.
- Foreign Bank Accounts: If you have access to a foreign bank account, using a debit or credit card linked to this account can be an effective way to handle international payments.
- Crypto Wallets: For those comfortable with digital currencies, using a crypto wallet can also be an alternative. Convert your naira to a stablecoin like USDT and use it for international transactions.
The Ease of Creating an EverTry Virtual Dollar Card
One of the standout features of EverTry virtual dollar cards is how easy they are to create. The process is designed to be user-friendly, ensuring that anyone can set up their card without any technical difficulties. Here’s how it works:
- Create and Verify Your Account: Start by signing up on the EverTry platform. The registration process is quick and straightforward. Once you’ve signed up, you’ll need to verify your account to ensure security and compliance.
- Complete Your KYC: Completing the Know Your Customer (KYC) process is crucial. This step involves submitting some personal information and identification documents. The process is streamlined to minimize delays, so you can get through it swiftly.
- Fund Your Wallet: After your account is verified, the next step is to fund your wallet. EverTry offers flexible funding options. You can choose to fund your wallet using naira or USDT (Tether), a stablecoin. This flexibility ensures that you can use the most convenient currency for your needs.
- Create Your Card: With your wallet funded, you can now create your virtual dollar card. The process is instant, and your card will be ready for use immediately.
Flexibility in Funding Options
EverTry’s funding options are designed to provide maximum convenience and flexibility. Whether you prefer using traditional currency or digital assets, EverTry has you covered.
- Funding with Naira: For those who prefer using local currency, you can easily fund your EverTry wallet with naira. This option is straightforward and ideal for users who are more comfortable with conventional banking methods.
- Funding with USDT: If you’re into cryptocurrencies, EverTry offers the option to fund your wallet with USDT. This stablecoin is pegged to the US dollar, providing stability and ease of use for international transactions. Funding with USDT is particularly beneficial for those who already hold digital assets and want to leverage them for their financial needs.
The flexibility in funding options allows you to choose the method that best suits your financial situation and preferences. Whether you’re dealing in local currency or digital assets, EverTry ensures that your experience is smooth and efficient. This adaptability is what makes EverTry virtual dollar cards a practical solution for overcoming the limitations of naira cards in international transactions.
In conclusion, while the limitations on naira cards for international transactions have created significant challenges, solutions like EverTry virtual dollar cards offer a practical workaround. By understanding these options, Nigerians can continue to manage their international financial needs effectively.
