Fintech firm Flutterwave has said it will end its virtual dollar card service, also known as Barter card, effective July 17, 2022. The company disclosed this in a message to its customers today.
This means that Nigerians will no longer be able to make dollar trades on the platform. The development would also exacerbate the dollar transaction problem for many Nigerians who use the service to make purchases outside the country.
The company says it is discontinuing the service due to “an update from our map partner, which means the map service will be unavailable for an extended period of time.”
what they say
Flutterwave said in a message to its customers: “We are writing to inform you that effective Sunday, July 17, 2022, all of our Virtual Dollar cards will not be available for transactions and purchases. This is due to an update from our card partner, allowing the card service will be unavailable for an extended period of time.” Here is an overview of what to expect from July 17: You cannot make online and in-store payments and purchases with your Virtual Dollar Card(s); You can use existing Virtual Dollar Card (s) do not fund; Your existing Virtual Dollar Card(s) will be terminated and the corresponding balance will be credited to your payment balance; You cannot create new Virtual Dollar Card(s).”
Flutterwave noted that it was working with its card partner to restore service as soon as possible, but advised its customers to unlink their Dollar Card(s) from any recurring payments and replace them with another payment method.
The Barter card is used on most merchant sites where the MasterCard logo is displayed. The Barter USD card can be used on most global payment sites such as Uber, Google Play, Apple Music, Asos, Udemy, Coursera, AliExpress, Namecheap, Facebook, PayPal, etc. for payments and purchases.
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