The lift on Naira Debit Cards

[Slimzeee]

The federal government announced the reactivation of international transactions on its Naira debit card.
https://x.com/NigeriaStories/status/1941368947535761784

Although crypto wallets could still be funded, which might be more of a concern to you but the people found it difficult to pay for Apple subscriptions, Other online subscriptions etc. but its was really unlike periods like 2021 when all the processes were seamless.
This gap, however, was not left unnoticed. Some fintechs dived into the space and created tools to bridge that gap, but of course, people had to pay more in order to complete these transactions.

Have you found this ban lift useful in any way?

Does it sound like a relief to you if your transactions required going through these third parties?
If not, then over these periods of time, how have you been dealing with this ban if your transactions required this route?

[Spaceman1000$]

The federal government announced the reactivation of international transactions on its Naira debit card.
https://x.com/NigeriaStories/status/1941368947535761784

Although crypto wallets could still be funded, which might be more of a concern to you but the people found it difficult to pay for Apple subscriptions, Other online subscriptions etc. but its was really unlike periods like 2021 when all the processes were seamless.
This gap, however, was not left unnoticed. Some fintechs dived into the space and created tools to bridge that gap, but of course, people had to pay more in order to complete these transactions.

Have you found this ban lift useful in any way?

Does it sound like a relief to you if your transactions required going through these third parties?
If not, then over these periods of time, how have you been dealing with this ban if your transactions required this route?

I found the lifting of the ban useful, but my question is, what was the essence of the band in the first place, to what advantage did the band give us as a people, because this is the question to ask ourselves before celebrating whatever the Federal government has decided to do now.
How can the Federal government wake up one morning and place a ban on 200 million persons to stop using their cards and purchase or make payments online and not allow them used the cards on international platforms, if not for saw wickedness on the part of government. Nigerians how to suffer the brunt of going through different processes on how to get payment online, just because of one silly policy. The good thing is that, thank god they've decided to wake up from their slumber.

[Charles-Tim]

I am surprised I did not know about this since 2 days ago. It is true and I have confirmed it.

Does it sound like a relief to you if your transactions required going through these third parties?

You mean the naira master card? It is cheaper that than those that are providing virtual USD cards. I used 3 among them at the time but I saw more of their cons than their pros. I had a very bad experience with Chipper Cash.

If not, then over these periods of time, how have you been dealing with this ban if your transactions required this route?

Later I was able to pay for YouTube Premium, Netflix, Amazon Prime (now full of bugs) and other subscriptions with Opay naira virtual card. I moved to it from those foreign cards since likely more than 2 years ago.

I found the lifting of the ban useful, but my question is, what was the essence of the band in the first place, to what advantage did the band give us as a people, because this is the question to ask ourselves before celebrating whatever the Federal government has decided to do now.

Naira price was falling and the last government were doing all things possible to tackle it even if the citizens will suffer. It was done by Emefiele when Buhari was the president. You can see other stupid things that he did like no well planned naira redesign that resulted to death.

The naira is relatively better now and not falling like before.

[Coin_info]

Have you found this ban lift useful in any way?

I think just like myself most Nigerians already had an alternative since and did not care much about this ban anymore because we were already used it. The government lifting the ban is more in their benefits than in the benefit of the citizens because although it makes it easier for us we already had our way of doing things but now governments are trying to get some revenue from it in the process. That's how I feel.

[sokani]

Have you found this ban lift useful in any way?

Yes, e dey helpful. To get foreign currencies on these third-party agents dey quite expensive. With the lifting of the ban, Nigerians wey dey buy goods and services from foreign platforms as well as those travelling abroad for studies, medical purposes, vacation, etc, go easily pay for international transactions at the official currency rate. Dem no go thru all those unnecessary stress again.

Does it sound like a relief to you if your transactions required going through these third parties?

At that time, yes. Man pikin bin no get choice.

[Slimzeee]

Have you found this ban lift useful in any way?

I think just like myself most Nigerians already had an alternative since and did not care much about this ban anymore because we were already used it. The government lifting the ban is more in their benefits than in the benefit of the citizens because although it makes it easier for us we already had our way of doing things but now governments are trying to get some revenue from it in the process. That's how I feel.

Normally this na the nigerian rugged spirit, once 1 way close, the other ways go still open and people dn already dy use to the new way. only be say that new way was costing more.

I found the lifting of the ban useful, but my question is, what was the essence of the band in the first place, to what advantage did the band give us as a people, because this is the question to ask ourselves before celebrating whatever the Federal government has decided to do now.
How can the Federal government wake up one morning and place a ban on 200 million persons to stop using their cards and purchase or make payments online and not allow them used the cards on international platforms, if not for saw wickedness on the part of government. Nigerians how to suffer the brunt of going through different processes on how to get payment online, just because of one silly policy. The good thing is that, thank god they've decided to wake up from their slumber.

I dont know if i should approach it as wickedness but no doubt they were very inconsiderable. Them just put excuse for ground say people dy use that way do plenty yahoo and Another fact be say since people bn dey use am buy dolar come hold, or for other dollar transsctions, e come dey make them no dey value naira like that. And that would lead to more decline of the dollar.