Barter by Flutterwave became the beautiful bride to Nigerians when CBN and the commercial banks reduced the monthly USD spend from $50 to $20 and then $0 for some banks. Many Nigerians resorted to using Barterhttps://barter.me/ to process international transactions Online courses on platforms like Udemy & Coursera, Online shopping on stores like ASOS, Shein & AliExpress, Instagram Ads, Facebook Ads, Streaming platform subscriptions to Apple Music, Spotify & YouTube Music, Online Gaming subscriptions, Audible & Medium Subscriptions, Shopify, Web hosting & Server space subscriptions.
Today 15th of July, Barter by Flutterwave sent an email to all existing customers that the Dollar Virtual Cards will not be accessible from Sunday 17th July 2022.
Our tech analyst from Maktay has prepared a list of 6 alternative apps to narter by flutterwave.
1. ALAT Virtual Dollar Card
ALAT is a digital-only brand operated by Wema Bank, a commercial bank active in all of Nigeria. It offers a complete banking package, with a bank account, physical debit card, savings, loans, and, yes, one of the best virtual dollar cards in Nigeria. Once your account is set up and funded, you can load your card straight from your naira balance for up to $20,000 and change the dollars back into naira if you need to. However, you can’t use it on money transfer websites, and it is not compatible with 3D Secure.
2. Wallets Africa Virtual Dollar Card
Wallets Africa is a Nigerian startup that offers a digital wallet with both virtual and physical naira and dollar Visa cards issued by UBA, which means you are not restricted to online transactions in dollars, which makes it great for traveling! This does come with a price, as your card comes with a monthly $1 fee, a $0.75 fee on every foreign transaction, and a 2% fee to load it from an external account.
3. Eversend Virtual Dollar Card
Eversend is an Uganda-based startup that offers a multi-currency account in several African countries, including Nigeria. You can charge your account with a payment card, and then open a virtual dollar debit card, allowing you to make payments everywhere online. The card costs $1 to create, with a $1 monthly fee and a 2% currency conversion fee when you charge it.
4. Bitsika Virtual Visa Dollar Card
Bitsika is an app available in Nigeria and several French-speaking African countries that allows you to send and receive money in naira as well as in cedis, CFA francs, and several cryptocurrencies, including bitcoin. You can then spend it through a virtual Visa debit card, though it comes with a hefty 8% fee.
5. Fundall Virtual Dollar Card
Fundall is a Nigerian digital bank providing a wide array of financial services to private and business customers, from a bank account and budget planning to saving pots and loans. They’ve recently launched a virtual dollar card to spend money online without barriers, offering the first card for free, with a minimum load of $5.
6. Mintyn Virtual Dollar Card
Mintyn is a Nigerian digital bank offering many different banking services, including private bank accounts, corporate accounts, savings, and even services like instant loans and mutual funds. They also have an ulimited virtual dollar card for Tier 3 account holders that can immediately be activated.
