Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,739,015 members, 6,494,811 topics. Date: Saturday, 18 September 2021 at 02:51 AM

GT Bank Naira Master Card No Longer Works On International Trade Websites - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / GT Bank Naira Master Card No Longer Works On International Trade Websites (12251 Views)

GT Bank Appoints Miriam Olusanya As First Female Managing Director / Man Closes Company Account With GT Bank Over Innoson Saga(photo) / Innocent Chukwuma: "GT Bank Is Using EFCC To Intimidate, Fight Me" (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply) (Go Down)

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!

Earlier today, we experienced a service interruption that affected our virtual card service, and we'd like to apologize for any difficulties this has caused you. This issue affected card creation, withdrawal, spend, and the ability to fund.

This is what happened: An issuer went down without warning or notice, causing a sudden service disruption. Because we are not a bank, we work with and depend on issuers for certain card services.

In a few hours, we will complete the switch to a backup Issuer to restore the card services, and your card will be migrated to the new issuer. But don't panic, we will notify you as soon as we make the switch. Here are a few things to keep in mind:

Update 01:
All card services will be back 100% up and running.

Update 02:
Your card numbers will change and old cards will stop working completely.

Update 03:
If you use your card to pay for a subscription service, or if you have it linked to a recurring payment, you will have to unlink the card and link a new card.

Update 04:
There is always a very small possibility that the new card might not work where the old cards worked previously. This includes ad sites, web hosting sites, Paypal, some domain registration sites, and perhaps email marketing sites. Please contact us if you are affected by this issue.

Update 05:
There is also a slight possibility that you might experience inability to withdraw from the new card, incorrect card balances, inability to fund. Please contact us if you are affected by this issue.


We want to thank you once again for your patience; please know that we are all urgently working to get your cards back online and working as quickly as possible.

We’ll have updates for you soon.

___

With ❤️
The Barter Team at Flutterwave
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:
Just get a dollar card and save your self the stress

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 experienced same on my Zenithbank Card.


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: 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:
Several places to buy usd both online and bureau de change.

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:
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.




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?! wink

Dwightventures:
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
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: 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:
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
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:
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
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:
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 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./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:
Just get a dollar card and save your self the stress

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:


Can one get a dollar card without operating a domiciliary account?

Some banks like wema, stand chattered, yes, not gtb

1 Like

Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by warrenweste(m): 1:19pm On Aug 03, 2020
PatrickOkunima:
You're right. It's PayPal issue. I'm able to pay on Google, but not Fiverr, which uses PayPal.

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:
Hello guys, which card can I use to withdraw from paypal?

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:


Which country PayPal? And how much?

Lesotho 100$
Re: GT Bank Naira Master Card No Longer Works On International Trade Websites by warrenweste(m): 4:01pm On Aug 03, 2020
Neimar:


Lesotho 100$


You can get a uba prepaid visa Africard for it or I can buy it from you
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:
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?.
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:
This is so very annoying, I’ve tried pay for goods online with both my Stanbic MasterCard and ECOBank MasterCard neither I going through
Alat by wema MasterCard is working perfectly for all online transaction.

(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply)

UBA Minimum Account Balance Now N25,000 / Dangote Cement Set To Reduce Cost Of Cement / How To Start A Successful BUsiness In 2019

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 122
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.