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Nairaland Forum / Nairaland / General / Business / GT Bank Naira Master Card No Longer Works On International Trade Websites (19430 Views)
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GT Bank Naira Master Card No Longer Works On International Trade Websites by routik(m): 1:11pm On Jul 31, 2020 |
Hi Nairalander's, I observed something recently while trying to use my GT Bank Naira Master Card on Aliexpress. Three days ago, I tried to help my younger sister make payment (of $156.79 USD) for her order on Aliexpress. But to my amazement, the payment wasn't successful. I contacted GT Bank customer service and was informed that their Naira Master Card has been restricted not to work on Trade websites like Aliexpress, Alibaba, Ebay, Amazon, etc. I also reached out to a friend who knows about the recent development and he told me that some people were taking advantage of the GT Bank's online exchange rate of N390 to $1USD to enrich themselves. Please anyone that has made payment on any International Trade Websites (within this week) using his or her Naira Master/Visa Card should kindly share his/her experience. Below is also an email I received from Fluterwave on their Barter Virtual Dollar Card Service Interruption on the 29th on July 2020. This is a sign that there is going to be some international transactions restriction on all Nigerian Bank Cards. Hey! |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by Nobody: 1:18pm On Jul 31, 2020 |
I guess, there is no need for me collecting mine then, I opened an account with them for online transaction, the card have been paid for, but haven't collected it |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by mymadam(m): 2:06pm On Jul 31, 2020 |
Well, I still successfully used my GTB Naira Mastercard to pay a USA outfit @ N390/$1, as recently as on Monday - this week. 1 Like |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by bcashy: 4:10pm On Jul 31, 2020 |
I think most of the banks now have $500 monthly limit on their cards. I experienced same on my Zenithbank Card. |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by sportFX: 4:17pm On Jul 31, 2020 |
Just get a dollar card and save your self the stress |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by Nobody: 4:19pm On Jul 31, 2020 |
sportFX: After that, where will we get the dollar? 6 Likes |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by sportFX: 4:20pm On Jul 31, 2020 |
Several places to buy usd both online and bureau de change. 1 Like |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by routik(m): 4:57pm On Jul 31, 2020 |
I started experiencing this issue on Tuesday evening (28-July-2020) Well, I still successfully used my GTB Naira Mastercard to pay a USA outfit @ N390/$1, as recently as on Monday - this week. As of Today (being Friday 31-July-2020), Zenith Bank customer care informed me that the limit on their Naira Master/Visa Card per month is now $200 USD. But the customer care agent refused to tell me the exchange rate they're using as of today. She only said the exchange rate will be determined at the point of the transaction. This got me scared. I think most of the banks now have $500 monthly limit on their cards. I already have a GT Bank Dollar Card, but the difference between N390 (online rate with Naira Master Card) and N475 (bureau de change rate) is much. especially when you order for things as frequent as possible. Just get a dollar card and save your self the stress Kindly shed more light on this if you're serious about it. Several places to buy usd both online and bureau de change. 1 Like |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by Dwightventures(m): 8:45pm On Jul 31, 2020 |
I'm happy people have finally made this thread because it seemed I was the only Nigerian doing online purchases for months. As far back as May (I think), First Bank charged me 412 to the dollar and I cried out on nairaland, not much response. Everything said here I've experienced. I'm waiting for midnight to try to pay for something I bought a week ago and that an "unpaid item" complaint has been launched against me. The sad part is these useless banks don't tell you anything and in my case I re-registered my cards, my paypal account and all, not knowing where the error was coming from. First, I was told there was now a $500 cap (1st Bank) and this July, I revived my Zenith Bank account dormant for many years and I was told their limit was $1,000. They were the ones who restricted my purchases first and after all the stress, I finally got one if them to tell me the limit was now $200. This country is a joke and unrecognized in the do comity of proper countries. Only South Africa is considered a country in Africa in the global financial and commerce family 10 Likes 1 Share |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by bcashy: 11:28pm On Jul 31, 2020 |
sportFX: Where to get Dollar online? 1 Like |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by infogenius(m): 11:32pm On Jul 31, 2020 |
routik: I observed it today and I felt something sinister somewhere was wrong with the payment processor. OK, I will talk with my account officer with respect to this development. So strange, GTB of all banks |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by routik(m): 2:32am On Aug 01, 2020 |
Very Sad Experience. If this is the case, then what is the solution as regards to making online payments at a reasonable exchange rate? How reliable are some of these third parties that advertises on helping one buy things on Amazon, Aliexpress, etc and at what rate do they charge? Honestly, going to bureau de change to buy dollar at the rate of N475 per dollar is not even an option for me. Besides shopping, one has a lot of web & training services to pay for on some international websites. Which way Nigeria?! Dwightventures: |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by itsmolep(m): 8:54am On Aug 02, 2020 |
This is so very annoying, I’ve tried pay for goods online with both my Stanbic MasterCard and ECOBank MasterCard neither I going through |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by CaptalnMitch: 8:57am On Aug 02, 2020 |
Cc piggyvestashewo |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by Dwightventures(m): 11:06pm On Aug 02, 2020 |
Now, I've got more interesting discovery. Frustrated by this ongoing problem, I decided to waste a little money to buy the cheapest thing I could find on Aliexpress. I paid $2.80 on the item, used the cards that have refused to work on ebay/paypal and voila! So this is not bank matter but specific merchants (namely paypal). I'm deeply frustrated and confused with this development |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by leke12(m): 11:22pm On Aug 02, 2020 |
Dwightventures:which bank? 1 Like |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by Neimar: 12:02am On Aug 03, 2020 |
Hello guys, which card can I use to withdraw from paypal? |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by PatrickOkunima(m): 12:08am On Aug 03, 2020 |
Dwightventures:You're right. It's PayPal issue. I'm able to pay on Google, but not Fiverr, which uses PayPal. |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by routik(m): 12:33am On Aug 03, 2020 |
Do you mind telling us which Nigerian Bank card you used? Dwightventures: |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by 50power: 2:36am On Aug 03, 2020 |
You cam use https://www.globepayinc.com/ No need of card. Pay directly fro your bank account. If you need your national ID card for online transactions and you have only the identification number slip, see the solution click here https://articlemama..com/p/i-will-design-your-national-id-card-for.html 2 Likes |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by Alkason: 4:36am On Aug 03, 2020 |
sportFX: Can one get a dollar card without operating a domiciliary account? |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by sportFX: 5:19am On Aug 03, 2020 |
Alkason: Some banks like wema, stand chattered, yes, not gtb 1 Like 1 Share |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by warrenweste(m): 1:19pm On Aug 03, 2020 |
PatrickOkunima: With which bank |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by warrenweste(m): 1:20pm On Aug 03, 2020 |
Neimar: Which country PayPal? And how much? |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by Neimar: 2:25pm On Aug 03, 2020 |
warrenweste: Lesotho 100$ |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by warrenweste(m): 4:01pm On Aug 03, 2020 |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by belcom10(m): 8:27am On Aug 04, 2020 |
Guys pls help, how do I fund my PayPal account. I already link my zenith master card . Can I transfer fund from my bank account directly to my PayPal account?. |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by dmostcheerful(f): 11:08am On Aug 04, 2020 |
belcom10:Is it a Nigerian PayPal? |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by Systrom(m): 11:27am On Aug 04, 2020 |
Selling and Buying PayPal Cash App Venmo Zelle Payoneer Fiverr and Upwork and All Freelance Sites 1 Like |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by Dangrace01: 12:04pm On Aug 04, 2020 |
I transferred money from my gtbank account to luno account since yesterday it has not reflected in my luno account |
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by udwise123: 12:50pm On Aug 04, 2020 |
itsmolep:Alat by wema MasterCard is working perfectly for all online transaction. |
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