Nigerian banks resume international transactions on naira cards


 After years of suspension, Nigerian banks resume international transactions 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.


“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.


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.


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