necessary we dialogue about it. This is too bad to be starting the year 2016
with. I’m pretty sure a lot of you buy on foreign sites like Ebay, Amazon,
gearbest or best buy and the likes…
of you even host your domain with foreign hosting company like Namecheap,
Godaddy, bluehost etc. How will you feel when you want to pay for goods on
AliExpress and you are told that your card is decline? Or you want to renew
your domain with Godaddy and you are told that your card is invalid?
has been pass by Deposit Money bank to stop all customers from using their
payment cards, popularly known as Automated Teller Machine cards, for
dollar-denominated transactions when they travel abroad with effect from
January 1, 2016. This means bank customers will not be able to use their cards
to buy products from foreign e-commerce sites like e-bay, AliExpress and
amazon.com in which payments are made in forex.
notified its customers that from January 1, 2016, they will not be able to use
their naira-denominated ATM cards for transactions that are denominated in
foreign currencies, either locally or when they travel abroad.
your local Master naira card becomes useless on AliExpress, Gearbest, best buy
or any foreign site.
Master Card, I guess it will be useless to but I’m not too sure about it.