Stella Dimoko Korkus.com: Nigerian Banks Resume International Transaction On Naira Cards.

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Saturday, July 05, 2025

Nigerian Banks Resume International Transaction On Naira Cards.

Two commercial banks in Nigeria have announced the resumption of international transactions on their naira cards.
In separate announcements to customers, United Bank of Africa (UBA) and Wema Bank said the service has recommenced on their naira cards.



The development comes about three years after many banks suspended international transactions on naira debit cards.

In a recent notice to customers, the UBA said the resumption aligns with its continued commitment to providing clients with seamless and enhanced banking experiences.

“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.

“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.
“If you haven’t used your card recently, now’s a great time to rediscover the convenience and prestige that comes with being a UBA premium cardholder.”

Also announcing the development in a recent statement, Wema Bank said customers can now “pay in dollars” with their naira cards.
“Your Wema Naira Mastercard just went global! Now you can pay in dollars on all your favourite international platforms; Amazon, eBay, AliExpress? Netflix, Spotify, YouTube,” the bank said.

11 comments:

  1. Them don they sit up small small🤣🤣. Expect more "eye-service" inspired redormes in later days ahead.
    The fear of coalition😁🤦🏻.
    Naija!!! SMH... So they know the right thing to do but they just chose to be nonchalant. Suddenly, everyone is running helter skelter to do and impress. Hmmm.

    God help us

    ReplyDelete
  2. CEO Empress


    That’s good to know



    CEO Empress

    ReplyDelete
  3. They're reversing lots of pain. Hahaha.

    Just negodu what I'm watching from my bestie in the North, the Pyramid of beans released.

    Biko make una buy beans , price agbada tala.
    😂

    ReplyDelete
  4. Good relief

    Neesolah

    ReplyDelete
  5. This can be feasible with a floated currency because banks don't have to wait months for CBN to get a balance on your transaction unlike before when they were accruing debt as a result of bad policies.

    I trust the smaller banks will wait a bit more but FG has been disciplined with the stance of no longer subsidizing the currency. Even in tech and aviation, there's is strong investor confidence. Once we can grow the balls to stop subsidizing the meager power we generate and clear the backlog of debt owed discos, serious Nigerians will stand out from those looking to complain.

    ReplyDelete

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