Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc - Business

Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc (66586 Views)

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Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by humilitypays(op): 7:23am On Feb 18, 2017

Everyday a Nigerian child wakes up, he/she is faced with uncountable life-threatening challenges that questions his existence and survival on earth. Yesterday comes the shocker news for all Nigerian small business entrepreneurs who have been relying on GTBank Mastercard for their international monetary transactions, as the last-man-standing bank rolled out a complete ban of all international transactions on their Naira mastercard, including USD ($) payments, which directly means that Nigerians can no longer send money using paypal EVEN if it is $1!), as GTB, which happens to be the only Nigerian bank that allowed Nigerians to spend a maximum of $100 on POS, foreign ATMS and websites, using their GTB Naira Mastercard.

For those who may argue this, please kindly visit GTB official customer care page on Facebook by clicking here, or see their official response below:

See details and alternative methods to send money to your foreign merchants here>>>http://www.frankwealth.com/2017/02/gtbank-bans-gtcard-on-paypal.html

3 Likes 1 Share

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Donniefred(m): 7:36am On Feb 18, 2017*

Our country is f.ucked!

28 Likes

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Miles300: 7:49am On Feb 18, 2017

Nigeria is coming to a halt , even to get international passport self na war , no booklet

94 Likes 5 Shares

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by infogenius(m): 8:07am On Feb 18, 2017

I don't want to believe this.
What then is the use of the
Naira Mastercard?

19 Likes

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by grandstar(m): 8:08am On Feb 18, 2017

This is devastating news. I now have to get a dollar card. Was hoping to make a few purchases next week. Buhari has finished the economy.

57 Likes 3 Shares

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by otitokoroleti: 8:26am On Feb 18, 2017

Try access bank

15 Likes

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Dhortunn(m): 8:43am On Feb 18, 2017

infogenius:
I don't want to believe this.
What then is the use of the
Naira Mastercard?

This News is Authentic! My close friend and colleague was affected yesterday. He was trying to pay a Merchant online with Paypal and was rejected severally.

I offered to give guides on how he could manoeuvre because i have once had issues with my account too but to no avail until he called me this morning to break the sad news.

He said CBN directed the Banks to stop due to the way "G Boys" were using Paypal for transactions. I was shocked ehn!

Now people running Online Jobs that involve transacting with Paypal will have to start sourcing for Credit Cards. What is life in Nigeria again!? angry

53 Likes 3 Shares

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Dhortunn(m): 8:44am On Feb 18, 2017

otitokoroleti:
Try access bank

Is Access Bank offering such services as of today please?

1 Like

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by damseremie(m): 8:45am On Feb 18, 2017

I came here to post that I cant seem to be able to add my GTB MasterCard to my Paypal account and if anyone had experienced the same thing, Only for me to see this.
I tried it all through yesterday and it didnt work. I hoped it was an isolated case
Very sad to see that this is a permanent development

21 Likes 1 Share

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by 989900: 8:51am On Feb 18, 2017

This is sad.

1 Like 2 Shares

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by 989900: 8:53am On Feb 18, 2017

humilitypays:
Everyday a Nigerian child wakes up, he/she is faced with uncountable life-threatening challenges that questions his existence and survival on earth. Yesterday comes the shocker news for all Nigerian small business entrepreneurs who have been relying on GTBank Mastercard for their international monetary transactions, as the last-man-standing bank rolled out a complete ban of all international transactions on their Naira mastercard, including USD ($) payments, which directly means that Nigerians can no longer send money using paypal EVEN if it is $1!), as GTB, which happens to be the only Nigerian bank that allowed Nigerians to spend a maximum of $100 on POS, foreign ATMS and websites, using their GTB Naira Mastercard.

For those who may argue this, please kindly visit GTB official customer care page on Facebook by clicking here, or see their official response below:

See details and alternative methods to send money to your foreign merchants here>>>http://www.frankwealth.com/2017/02/gtbank-bans-gtcard-on-paypal.html

The emboldened is heart wrenching.

29 Likes 2 Shares

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Nobody: 8:59am On Feb 18, 2017

This is just taking Nigeria back to the 90s. If this action was taken because of G'boys like someone mentioned, then the CBN governor and his entire team needs to be shot in the head. Who cuts off the head because of headache? Cost of doing business and providing services will now quadriple.

Which way Nigeria?

55 Likes 5 Shares

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Franiey: 9:30am On Feb 18, 2017

This is damn painfull

cry

5 Likes

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Osama10(m): 9:41am On Feb 18, 2017

Nigeria is gone.

7 Likes

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by humilitypays(op): 9:51am On Feb 18, 2017

otitokoroleti:
Try access bank

Access bank too isn't working. All the banks have banned all foreign transactions on their naira card. They said you should open a dom account and then request for a dollar card if you want to make foreign payments....and now the question is how do you fund the dom account, of course using black market rate of $1 = NGN526

Seriously, APC, Buhari, Emiefele, CBN have failed Nigerians! The hardship is going to get tougher for Nigerians.

Imagine Nigerian youths hustling on their own to survive by doing small small businesses online can't do that again....they can't renew their domain names or hosting plans....they can't pay for foreign goods and services unless they patronize black market.

I think the real time for Nigerian youths to occupy the streets has come cry

122 Likes 17 Shares

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by humilitypays(op): 10:00am On Feb 18, 2017

Franiey:
This is damn painfull

Osama10:
Nigeria is gone.

This deserves to be on the front page to let CBN and Osinbajo know that their harsh economy policies are killing more small businesses than the number of businesses or jobs they wish to create!

Many Nigerian youths work online...buying services on foreign websites and re-selling on other websites and making some profit to keep them going....now what does the government want them to do now huh

Go stealing huh

Ambode is pursuing okadas even in Lagos streets, said he was going to ban Danfo buses....CBN is busy rolling out harsh financial policies, and EFCC keep claiming that they are recovering billions of $$$ without any positive effect on the economy as $1 goes for NGN520, what a history!!!

The Nigerian child has been murdered by the wicked politicians! This has nothing to do with fall in crude oil price, this is sheer incompetence and leadership weakness!! angry

80 Likes 6 Shares

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by bigtt76(f): 10:29am On Feb 18, 2017

No work, no good public facilities, no president etc yet they won't let the common man rest! I see voters apathy come 2019 angry

idiots dem all.

humilitypays:
This deserves to be on the front page to let CBN and Osinbajo know that their harsh economy policies are killing more small businesses than the number of businesses or jobs they wish to create!

Many Nigerian youths work online...buying services on foreign websites and re-selling on other websites and making some profit to keep them going....now what does the government want them to do now Go stealing

Ambode is pursuing okadas even in Lagos streets, said he was going to ban Danfo buses....CBN is busy rolling out harsh financial policies, and EFCC keep claiming that they are recovering billions of $$$ without any positive effect on the economy as $1 goes for NGN520, what a history!!!

The Nigerian child has been murdered by the wicked politicians! This has nothing to do with fall in crude oil price, this is sheer incompetence and leadership weakness!!

4 Likes

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Nobody: 10:47am On Feb 18, 2017

To know I was about paying for ads is sad

Nigeria!

8 Likes

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by imrandbest(m): 10:57am On Feb 18, 2017

YoungRichRuler:
To know I was about paying for ads is sad

Nigeria!

damseremie:
I came here to post that I cant seem to be able to add my GTB MasterCard to my Paypal account and if anyone had experienced the same thing, Only for me to see this.
I tried it all through yesterday and it didnt work. I hoped it was an isolated case
Very sad to see that this is a permanent development

Dhortunn:
This News is Authentic! My close friend and colleague was affected yesterday. He was trying to pay a Merchant online with Paypal and was rejected severally.

I offered to give guides on how he could manoeuvre because i have once had issues with my account too but to no avail until he called me this morning to break the sad news.

He said CBN directed the Banks to stop due to the way "G Boys" were using Paypal for transactions. I was shocked ehn!

Now people running Online Jobs that involve transacting with Paypal will have to start sourcing for Credit Cards. What is life in Nigeria again!?

grandstar:
This is devastating news. I now have to get a dollar card. Was hoping to make a few purchases next week. Buhari has finished the economy.

infogenius:
I don't want to believe this.
What then is the use of the
Naira Mastercard?

Its so sad to hear this but there will always to be a way round it.

You can use the link below to get a working virtual credit card with customized name and billing address

https://www.nairaland.com/3608337/get-reliable-usd-virtual-cards#53376241

2 Likes 1 Share

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by humilitypays(op): 11:00am On Feb 18, 2017

imrandbest:
Its so sad to hear this but there will always to be a way round it.

You can use the link below to get a working virtual credit card with customized name and billing address

https://www.nairaland.com/3608337/get-reliable-usd-virtual-cards#53376241

At what rate huh

I mean at what rate are you selling your $$$ to naira? Of course there are options of buying dollar from the black market....which makes things so expensive and difficult for the ordinary Nigerian youths.

So, tell us your rate

6 Likes

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Ogboraph(m): 11:18am On Feb 18, 2017

[urlurl]

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Encrypted: 11:41am On Feb 18, 2017

Jeez !!

And i have recurrent bills to pay in dollars every month!. What do i do now?

7 Likes

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by WalkerMichael(m): 12:16pm On Feb 18, 2017

Now, this is the end sad

... Which way 9jaaa

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by DEGREE2466(m): 12:24pm On Feb 18, 2017

damseremie:
I came here to post that I cant seem to be able to add my GTB MasterCard to my Paypal account and if anyone had experienced the same thing, Only for me to see this.
I tried it all through yesterday and it didnt work. I hoped it was an isolated case
Very sad to see that this is a permanent development

same here Bro.

tried to add gtb card to PayPal but no way.

Devil is a liar

2 Likes

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Nobody: 3:29pm On Feb 18, 2017

It is finished. This is just the end. Who will bail the cat (Nigeria)?

6 Likes

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by otunde4u(m): 4:41pm On Feb 18, 2017

I try to make payment using paypal throughout yesterday. All effort was in vain. Had to visit the bank spent more than 2hours. Nigeria which way to go? Western union and monegram also not working.... what next? undecided

[color=#006600][/color]

1 Like

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Nobody: 6:14pm On Feb 18, 2017

Hello, has GTB stopped all foreign (dollar) transactions with their mastercard or is it limited to paypal and facebook?

humilitypays:
Everyday a Nigerian child wakes up, he/she is faced with uncountable life-threatening challenges that questions his existence and survival on earth. Yesterday comes the shocker news for all Nigerian small business entrepreneurs who have been relying on GTBank Mastercard for their international monetary transactions, as the last-man-standing bank rolled out a complete ban of all international transactions on their Naira mastercard, including USD ($) payments, which directly means that Nigerians can no longer send money using paypal EVEN if it is $1!), as GTB, which happens to be the only Nigerian bank that allowed Nigerians to spend a maximum of $100 on POS, foreign ATMS and websites, using their GTB Naira Mastercard.

For those who may argue this, please kindly visit GTB official customer care page on Facebook by clicking here, or see their official response below:

See details and alternative methods to send money to your foreign merchants here>>>http://www.frankwealth.com/2017/02/gtbank-bans-gtcard-on-paypal.html

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by humilitypays(op): 7:34pm On Feb 18, 2017

NubiLove:
Hello, has GTB stopped all foreign (dollar) transactions with their mastercard or is it limited to paypal and facebook?

They stopped all foreign (dollar,etc) transactions on their Naira mastercard

Re: Finally Gtbank Bans Use Of Their GT Mastercard On Paypal, Facebook, etc by Emmyk(m): 7:34pm On Feb 18, 2017

NubiLove:
Hello, has GTB stopped all foreign (dollar) transactions with their mastercard or is it limited to paypal and facebook?

I believe it is limited to PayPal and Facebook as someone used his Gtbank for an International transaction few hours ago, I also used mine yesterday.

I'm just seeing this thread now, but earlier today, a friend told me UBA stopped too, here is the response I got, when I made enquiry from UBA account on Twitter.
I believe Gtbank and Access Bank still work fine.

2 Likes

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