Virtual cards, which offer simplicity and improved security, have emerged as a crucial instrument for online transactions in the digital age. This post will show you how to obtain a virtual card if you live in Uganda and need one for online payments, subscriptions, or shopping.
A Virtual Card: What Is It?
A computerized representation of a real debit or credit card is called a virtual card. It is only available online, but it has a distinct card number, expiration date, and CVV code. You may fund virtual cards from your bank account, mobile money, or other digital wallets, making them perfect for safe online transactions.
Why Use a Virtual Card in Uganda?
Accessibility: Numerous platforms in Uganda provide virtual cards connected to bank accounts or mobile money, which lowers the risk of fraud by offering temporary or limited-use card details. Convenience: Virtual cards are simple to create and use for online payments.
How to Apply for a Ugandan Virtual Card
Make Use of Local Fintech Companies
One common option for getting virtual cards is through local fintech platforms. one of the most popular suppliers are as follows:
Eisyapp:
Go to the App Store or Play Store and download the Eisy app.
Make an account and provide your ID to finish the verification process.
You can use a bank card, MTN Mobile Money, or Airtel Money to fund your Eisyapp wallet.
Go to the “Cards” area, choose “Create Virtual Card,” and then adhere to the instructions.
Conditions for Obtaining a Virtual Card
Usually, to make a virtual card, you will need:
For identification verification, use a passport or national ID.
a working phone number and email address.
a source of funding, such a bank account or mobile money (like MTN or Airtel).
Tips regarding Virtual Card Use
Keep an eye out for fees: Some companies charge for the creation, upkeep, or use of virtual cards. Examine the charge schedule at all times.
Verify currency compatibility: Since the majority of virtual cards in Uganda are issued in US dollars, exchange rates should be taken into account when making purchases.
Turn on security features: For extra security, turn on two-factor authentication (2FA).
In conclusion
Due to the increasing number of banks and fintech companies providing this service, obtaining a virtual card in Uganda is a simple procedure. A virtual card may streamline your online transactions while protecting your financial information, regardless of whether you favor domestic companies like Eversend and Chipper Cash or global platforms like Eisyapp, Payoneer and Wise. Begin by selecting the platform that best meets your requirements, finish the verification process, and then take use of the virtual card’s simplicity.
Experience the Next Level of Financial Innovation with “Eisy”, seamless invoice (No limits, No KYC) and virtual Dollar card services.
Download now:
AppStore:
apps.apple.com/ng/app/eisy-in…
Playstore: