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Virtual Dollar Debit Mastercard

Virtual Dollar Debit Mastercard

Request for an instant virtual Dollar debit Mastercard and have it activated instantly.

Virtual Dollar Debit Mastercard

 A Virtual Dollar Debit Mastercard is a digital version of the Mastercard traditional plastic or physical debit card. It is usually linked to a Bank account where you can save money and it allows you make payment for goods and services in ways like the physical debit card variant.

There are two variants of the Virual Dollar Debit MasterCard:

  • Stanbic IBTC Virtual MasterCard Variant One ( For one-time use). The card is valid for three years if it is not used by the customer.
  • Stanbic IBTC Virtual MasterCard Variant Two (Valid for three years). This card is enabled for multiple use within the three-year validity period.

Some of the benefits

Affordable

The Virtual Dollar Debit Mastercard is a cheaper alternative to use when compared to the physical card variant.

Faster

The Virtual card is issued and activated instantly.

Secure

The Virtual Dollar Debit Mastercard is secure because you can set your transaction limit at the point of card request.

Convenient

It is flexible and convenient to use because you can have access to multiple cards based on your needs

Affordable

The Virtual Dollar Debit Mastercard is a cheaper alternative to use when compared to the physical card variant.

Faster

The Virtual card is issued and activated instantly.

Secure

The Virtual Dollar Debit Mastercard is secure because you can set your transaction limit at the point of card request.

Convenient

It is flexible and convenient to use because you can have access to multiple cards based on your needs
What you get
  • Your Virtual Dollar Debit Mastercard can be used Internationally on Web (online) transactions
  • International Web (Online) Transaction Limit: $3,500
  • Validity: 3  years
  • Card Issuance Fee:  N537.50 (VAT inclusive)
How to get it
  • Open an account with Stanbic IBTC Bank to get your Virtual Dollar Debit Mastercard
  • If you are an account holder, simply visit the internet banking platform and request for your Virtual Dollar Debit Mastercard.
What can you do with the card?
  • You can carry out international web transactions with the card up to a monthly limit of $3,500 
  • You can select the preferred variant and limit on the card at the point of onboarding
  • You  can set up your preferred  PIN online
  • You can deactivate the card when necessary
  • Issuance fee N537.50 (VAT inclusive)
  • What you get
  • How to get it
  • What can you do with the card?
  • Your Virtual Dollar Debit Mastercard can be used Internationally on Web (online) transactions
  • International Web (Online) Transaction Limit: $3,500
  • Validity: 3  years
  • Card Issuance Fee:  N537.50 (VAT inclusive)
  • Open an account with Stanbic IBTC Bank to get your Virtual Dollar Debit Mastercard
  • If you are an account holder, simply visit the internet banking platform and request for your Virtual Dollar Debit Mastercard.
  • You can carry out international web transactions with the card up to a monthly limit of $3,500 
  • You can select the preferred variant and limit on the card at the point of onboarding
  • You  can set up your preferred  PIN online
  • You can deactivate the card when necessary
  • Issuance fee N537.50 (VAT inclusive)
Frequently Asked Questions
Are the USD accounts limited to cash only accounts or can they also be generated from inflow only accounts?
The Virtual Dollar Debit MasterCard can be linked to any individual USD account.
Can Business Bank account holders also access the NGN and USD Virtual cards?

All Bank customers can access the Virtual Dollar Debit MasterCards but only customers with USD account can access the USD Virtual cards.

 

Do different client segments have different limits?
No. All clients have the same virtual Dollar Debit  MasterCard limit.
Is Variant One automatically deactivated after one time use?
This variant is valid for only one transaction and expires immediately a transaction is approved on the card.
What is the difference between selecting the Verve or Mastercard option as regards limits or accessibility?

The Verve card can only be used for local transactions while the Mastercard can be used for both local and international spend. However, a customer who has a physical debit Mastercard cannot request for a Virtual Mastercard, so that customers do not exceed the international spend limit. A customer can have up to four Virtual Verve Cards with same  transaction limits that apply to Verve Virtual Cards.