Have you ever experienced any of these problems?
*Your debit card was stuck in an ATM Machine, and as required by Nigerian banking regulations, the card is supposed to be retrieved and destroyed by that bank, if on a different bank atm machine and not your own bank. But instead, in spite of your ATM debit card being stuck and not retrieved for you, but your account was wiped fraudulently with that same debit card that had being stuck in a machine.
or
*You ever experienced this problem where your debit card was compromised, either from online shopping after entering your card details on a fraudulently disguised website that looked like the original shopping site. Only for you to discover later that your card details have been stolen, when you start getting mischevious alerts of debit transactions on your account, made from your debit card?
If these scenario describes your experiences or you want to play it safe in this modern world, then its time to stop using banks debit cards. Its not safe anymore. The singular reason of it being tied to your main bank account is a weakness on its part, which is been exploited by criminals. Whenever your debit card is compromised, your main bank account(Savings or Current), is also in danger and could be wiped out in only a matter of days as some people have fallen victims already.
But instead, you should request for banks pre-paid cards. They are the best and safest in this 21st century and in this our crime ridden society.
Why request for pre-paid cards?
Pre-paid card is different from credit card, because credit cards usually have interests or commissions on it, to be paid for its usage. Pre-paid card is also different from debit card, because debit card is tied to your main bank account and access to your debit card gives criminals access to your main bank account and you don't want that to happen.
Unlike the credit and debit cards, you can only spend what you have loaded into your prepaid card. There is no penalty or over spending or interest accrual for you to pay on pre-paid cards.
The pre-paid card is a virtual account opened in your bank and different from your main savings account or currrent account.
But you can load it from your main account, it is not tied to your main account.
How to get a pre-paid card?
Banks that offer prepaid cards in Nigeria as at the year 2020 without stress are:
They have the card as utility card.
How to obtain it?
just walk into any branch of the bank and request for the form to fill for a prepaid card. Depending on availability at that branch, you could get the prepaid card ready in a couple of minutes of the same day.
How to load the prepaid card?
You would have to log onto your banking platform, and use the "OWN ACCOUNT MODULE" option, to load money into your prepaid card virtual account.
or you could walk into the bank and pay directly into the prepaid card virtual account set up for you.
How to activate the pre-paid card?
It is activated like every other atm card on the atm machine of your bank.
How to get Access Bank pre-paid card?
Walk into any branch of Access Bank and request for the form to fill for the pre-paid card request.
A virtual account would be set up for the prepaid card, seperate from your main bank account, which you can load from your main account or from any other account.
You can use the card same way as debit card, but it is, in no way tied to your main account as your debit card is tied to your main account.
Why pre-paid card is considered safer and better alternative than the debit card?
The pre-paid card is not tied to your main bank account. It is a seperate account which can be loaded or unloaded from your main account or any other account, any time and any day.
In case of situations described above about security breaches or when your card details and pins are compromised, you are safer with the pre-paid cards, because they would not have access to your main account, but only your virtual account, which you would only load when you need to make purchases or shopping. You would have little or nothing to loose as your main account is not tampered with in any way.
So, what are you waiting for? ..go get your prepaid cards today!!!
Comments
Post a Comment