The relaunch introduces the company’s first debit and credit cards in the UK and a new free loyalty programme called PayPal+, aimed at rewarding customers for their everyday spending.

Nearly two years after reorganising its operations following Brexit, PayPal is refocusing on British consumers with a £150 million investment to expand its products and strengthen its local presence.

This will also boost the company’s competitive edge with platforms such as Apple Pay, Revolut, and Klarna, all of which have grown fast in the UK’s digital payments sector.

Nigeria’s Digital Economy is Ready – PayPal isn’t | Here’s Why That Must Change

Through the new offering, nearly 30 million PayPal users in the UK can now earn points through PayPal+, redeemable at checkout across millions of online stores worldwide.

Every 1,000 points equals £10, and users can stack their PayPal+ points with other loyalty schemes. Membership is free, and the tier system, Blue, Gold, and Black, offers rewards, with the top tiers providing up to 50% more value, exclusive perks, and VIP experiences.

PayPal’s Debit Card, available for the first time in the UK, links directly to a user’s PayPal wallet and can be used globally without transaction fees.

Customers using the card while paying for everyday purchases will earn ten times more points. The debit card can also be added to smartphones for contactless payments, providing both convenience and flexibility.

The company is also expanding PayPal Credit to work in physical stores through virtual and physical cards. Customers can earn loyalty points whether they pay online or in-store, combining credit flexibility with added benefits. PayPal’s popular “Pay in 3” Buy Now, Pay Later option is active and now earns users PayPal+ points as well.

Beyond payments, PayPal is building brand partnerships to enhance its loyalty programme. Collaborations with Live Nation UK will give PayPal+ members early access to festivals and exclusive on-site experiences. More partnerships are expected to be announced soon.

Speaking on the relaunch, Diego Scotti, general manager of PayPal’s Consumer Group, said:

“This is the start of an exciting new chapter for PayPal in the UK. We’ve listened to our customers and reimagined our products into one unified solution, offering the smarter way to pay both online and in-stores. With PayPal+, we’ve flipped the script on loyalty. 

“That means no fees where others charge, a new debit card that delivers 10 times as many points, and more ways to get rewarded for everyday spend, including Buy Now Pay Later. This will redefine what value looks like with every payment.”

Tamer El-Emary, general manager of PayPal UK, added, “Our investment reflects a deep commitment to British consumers, businesses, and communities. We’ve listened to our customers and built products that rethink how people use PayPal every day.

“For years, millions of people have trusted PayPal when they shop online or on their phones. Now we want to bring everything they love about PayPal online to the high street. Simple, secure, and now with PayPal+ it’s more rewarding.”

The post PayPal Relaunches in UK with New Cards, Free PayPal+ Loyalty Programme appeared first on Tech | Business | Economy.

If you’ve ever tried paying for subscriptions like Apple Music or shopping on platforms like Amazon, you probably know the struggle. Without an alternative, you won’t be able to make payments.

Well, here’s the thing: a virtual dollar card can change that. It offers you a seamless way to make online payments, free from the usual headaches that come with traditional payment methods.

In this article, I’ll break down the benefits of using virtual dollar cards in Nigeria—from bypassing Naira restrictions to making secure international payments. Stick with me, and you’ll see why this might be exactly what you need.

5 Key Benefits of Using Virtual Dollar Cards in Nigeria for Online Transactions

Virtual dollar cards offer several advantages, including bypassing Naira payment restrictions, providing secure online payments, giving you better control over spending, eliminating the need to carry physical cards, and offering flexibility for shopping across multiple international platforms.

1. Bypass Naira Payment Restrictions for International Transactions

If you’ve ever tried to buy something online and couldn’t because your Naira card wasn’t accepted, you know how frustrating it is. Virtual dollar cards fix that problem.

With one of these cards, you can shop anywhere in the world—Amazon, Apple Music, Aliexpress, you name it—without worrying about your Naira card being blocked.

2. Secure Online Payments with No Risk of Fraud

Shopping online is awesome, but the thought of your bank details being stolen? Not so much. Virtual dollar cards help protect you because they aren’t linked to your bank account.

If anyone tries to hack your card, all they get is a card with a set amount of money. It’s like having a shield around your real bank account. You can shop confidently knowing your details are safe.

3. Better Control Over Spending with Set Limits

We’ve all been there—browsing online, and before you know it, you’ve spent way more than you planned. With a virtual dollar card, you can set a spending limit.

If you want to buy a new gadget but don’t want to go overboard, just set a limit. It’s like having a budget that’s always with you, helping you avoid the temptation to overspend.

4. No Need to Carry Physical Cards

Who wants to carry around a bunch of cards? With virtual dollar cards, you don’t have to. Everything is digital and stored on your phone. You can make payments instantly without having to fish through your wallet.

It’s like carrying your bank with you but without all the extra stuff. Super convenient and always ready when you are.

5. Flexibility for Shopping Across Multiple eCommerce Platforms

A virtual dollar card gives you the freedom to shop on all your favourite international websites without worrying about payment issues. Whether it’s ordering a new gadget from Amazon or paying for an international subscription, you can use the card everywhere that accepts online payments.

It’s like having one card that works across the board, making online shopping easier and more convenient without needing to keep track of different payment methods.

Where to Get Virtual Dollar Cards in Nigeria

If you’re ready to get a virtual dollar card, you’re probably wondering where to get one. Well, Cardtonic is your go-to platform for that. It’s a trusted platform that makes getting a virtual dollar card simple and fast. You can sign up, choose your preferred card type, fund your virtual card and start using the card in no time.

But that’s not all Cardtonic offers. Aside from virtual dollar cards, the platform lets you pay your utility bills, like airtime, internet, or electricity—super handy, right? You can also sell and buy gift cards or even shop for gadgets. Cardtonic is a one-stop shop for all your payment needs, making online transactions smoother and more convenient than ever.

Frequently Asked Questions About Benefits of Virtual Dollar Cards in Nigeria

1. What Is the Use of a Virtual Dollar Card?

A virtual dollar card is a prepaid card that you can use for online payments, especially for international transactions. It’s not linked to your bank account, so you can load it with a specific amount of money to use for shopping on sites like Amazon, or paying for subscriptions.

2. Which Is the Best Virtual Card for International Payments in Nigeria?

When it comes to international payments, Cardtonic’s virtual dollar card stands out. It’s secure, fast, and easy to get. Plus, it offers great flexibility for making payments worldwide.

3. What Is the Best Card to Use for Online Purchases in Nigeria?

For online purchases, especially if you’re dealing with international websites, the virtual dollar card is your best option. It’s designed specifically for online transactions and avoids the issues Naira cards face when dealing with international sites.

4. Can I Use a Virtual Card for Online Payments?

Absolutely! Virtual dollar cards are made for online payments. They work just like regular debit or credit cards, but the difference is they are safer for online transactions because they are not linked directly to your bank account. So, you can shop, pay for services, or even make international transfers securely.

5. How Can I Get a Virtual Dollar Card in Nigeria?

Getting a virtual dollar card in Nigeria is easy. You can sign up on Cardtonic, choose your preferred card type, and get a virtual card that’s ready to use within minutes.

Conclusion

Virtual dollar cards are a game-changer for online payments in Nigeria. They help you bypass Naira card restrictions, offer better security, and give you control over your spending.

Whether you’re shopping internationally or paying for subscriptions, these cards make transactions easier and safer.

With platforms like Cardtonic, getting a virtual dollar card is quick and hassle-free. So, if you haven’t already, it’s time to level up your online payment game and enjoy a smoother, safer experience today!

The post Top 5 Benefits of Using Virtual Dollar Cards in Nigeria for Online Payments appeared first on Tech | Business | Economy.

There are seven facts about the National Domestic Card Scheme System you should know as a citizen of Nigeria:

MYTH: ATMs, Cards will no longer be in use as CBN, NIBSS move to unify Payment through the National Domestic Card Scheme.

1. FACT: This is FALSE. Existing ATMs, Cards and POS will still function without interruption.

MYTH: The establishment of NDCS will affect the usage of other card schemes cards such as Mastercard, visa and Verve in Nigeria.

2. Fact: All other card schemes will go on without disruption. All the schemes will co-exist.

MYTH: There is no benefit to having a NDCS.

3. FACT: The advantages are enormous. This is the national card scheme which aims to facilitate the growth of Nigeria’s payment eco-system, promote more customized payment services, tighten payment security, deepen financial participation, ensure data sovereignty, eradicate FX dependence as well as many more benefits to the nation.

Card holders will enjoy improved affordability and more flexible payment options.

MYTH: CBN is the beneficiary of these new scheme not the users.

4. FACT: There are numerous government social programs that DSCC Cardholders will enjoy. There will also be opportunities for the growth of financial inclusion, collaboration and employment opportunities.

MYTH: There are no direct benefits from using this card.

5. FACT: Robust reward system, ease of transaction processing and improved affordability.

MYTH: There is no difference between the NDCS card and other card schemes.

6. FACT: This is a national domestic card scheme, fully home grown, owned by Government and controlled by the banking industry focused on the Nigerian banking end users.

MYTH: There are no added security features on NDCS.

7. FACT: The scheme is driven by best local and global security standards (compliant with EMVco and other global card security standards).

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