Virtual dollar card might sound strange, but If you have ever been restricted from paying for goods or services on certain websites because you didn’t have a dollar card or a domiciliary account, then you will know just how important it is. Especially if not having that product or service can have an adverse effect. Well, this is nothing a virtual dollar card can’t solve.
But first, let’s go through what a virtual dollar card is.
A Virtual Dollar Card is a non-physical card that allows you to spend dollars online without you sweating using a debit card. These forms of debit cards are mostly designed for online payments. They are not for anything that requires physical handling like withdrawal of cash. This is the solution by ALAT by WEMA.
The details of your ALAT virtual dollar card, which will be required to make online payments, can be found on the ALAT Mobile App. The card can be used to make payments for services like Netflix, Facebook Ads, e.t.c
Your virtual card is funded with dollars converted from the naira in your ALAT account at the current bank rate.
You decide how many dollars you want to put on your card and you can always convert your dollars into naira and move the money back to your ALAT account.
The virtual dollar card comes with regular card details (your card name, card number, expiry date, and the three-digit CVV code) saved on your app. You can retrieve these details whenever you need them.