Approximately three years after several banks suspended international transactions on naira debit cards, three commercial banks in Nigeria have announced that such transactions are now available again on their naira cards.
These banks are Wema Bank, United Bank of Africa (UBA), and the Guaranty Trust Bank (GTB).
In a recent statement, Wema Bank announced that customers are now able to make payments in US dollars using their naira cards.
“Your Wema Naira Mastercard just went global! Now you can pay in dollars on all your favorite international platforms; Amazon, eBay, AliExpress? Netflix, Spotify, YouTube,” the bank stated.
Announcing the resumption of the transactions, UBA stated that this decision is in line with its efforts to offer uninterrupted banking services to its clients. “In line with our continued commitment to providing you with seamless and enhanced banking experiences, we are pleased to inform you that all UBA Premium Naira Cards, including Gold, Platinum, and World variants are now enabled for international transactions,” the statement reads.
It added that “this means you can now use your Premium Naira Card for everyday payments, online shopping, POS, and ATM transactions across the world, with more ease and flexibility.
“In line with our continued commitment to providing you with seamless and enhanced banking experiences, we are pleased to inform you that all UBA Premium Naira Cards, including Gold, Platinum, and World variants are now enabled for international transactions.”
GTB informed customers that its naira card has a $1,000 spending limit per quarter worldwide.
“We are pleased to inform you that you now have a quarterly limit of $1,000 on your GTBank Naira Card to pay for all your favorite things anywhere in the world,” the bank said.
“Withdrawals at ATMs abroad – $500 quarterly; online and POS transactions – $1,000 quarterly. Kindly note that the quarterly limit of $1,000 covers all transactions including ATM cash withdrawals abroad, purchases on international websites, POS payments outside Nigeria, and more.”
