Bitnob, a fintech firm that aims to make financial transactions easier for Africans, has launched its virtual dollar card. The digital card enables users to make seamless online payments, with the option to create a card for free and fund it with up to $10,000. Additionally, users can customize their cards, track transactions, and freeze cards for security or to prevent unwanted bills.
The Bitnob virtual dollar card has been designed to address the hardship caused by restrictions on international transactions using naira debit cards, as implemented by the Central Bank of Nigeria in 2022. This has made it difficult for people who shop online or make regular international payments with their cards, especially for those with monthly subscriptions.
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The Bitnob virtual dollar card solves this problem and is expected to be a game-changer for anyone who makes regular international payments. According to Bernard Parah, Bitnob’s CEO, “Our users can now seamlessly shop online, pay for their Netflix, Spotify, and Apple subscriptions and register for their online courses. The virtual dollar card offers a level of convenience and security that is unmatched in the market, and we believe it will be a game-changer for consumers.”
Bitnob has expanded its services to eight African countries, positioning itself as a leading payment infrastructure that connects Africa to the world. Bitnob aims to provide access to cross-border payments that are fast, cheaper, and more convenient. The virtual dollar card is available to users worldwide through the Bitnob app, aligning with the company’s ideals of providing people with unlimited freedom.