Introducing Visa Direct: A new way to receive USD via your USD Virtual Card
Still in line with our vision to unlock global opportunities and connect Africa, we have taken a further leap and are happy to introduce you to Visa Direct; a new way for you to receive USD globally via your virtual Chipper USD Visa card.
What is Visa Direct, and how do I receive money into my USD Virtual Card via this service?
Visa Direct is a payment service that transforms the way you receive money. It’s a feature offered by Visa, the global leader in digital payments, that enables the electronic transfer of funds from a sender’s payment card/platform to your Visa card account (e.g., your virtual Chipper USD card).
How do I receive money via Visa Direct into my Chipper USD Visa Card?
Visa Direct is an innovative system that allows money to be sent directly to a Visa card, including your virtual USD Visa card.
💡 Your online service or bank may call it “Withdraw to your Bank card” or “Withdraw to a VISA card” amongst other names.
Banks all around the world and services like Airbnb, Exness, etc., as well as other financial institutions, freelance websites, and international services and businesses, may offer the opportunity to “withdraw to a card” depending on their service terms.
Getting started with Visa Direct: What do I need to do to start receiving money?
To start receiving USD with Visa Direct:
Confirm Sending Entity Eligibility: Check to confirm if the sending Bank or Merchant service has the ability to send transfers to a VISA card. Also, confirm that your country can receive transfers from that Bank or Merchant.
Share Your Card Details: Provide your 16-digit virtual Visa card number to the entity, service, or individual sending you funds.
Receive Funds: The sender will use their bank’s service to transfer USD to your Visa card. Once they complete the transfer, the funds should be credited to your card immediately.
Is there a fee/charge for receiving money via the Visa Direct service?
Yes, our banking partner currently charges a 1% fee for the received amount e.g., a $1 fee for receiving $100.
Types of transactions that can be made via Visa Direct
Personal Transfers: A gift from a family member abroad or splitting expenses with friends. Visa Direct is an efficient way to handle personal funds.
Business Transactions: For freelancers or businesses, receiving payments from international clients is streamlined, ensuring you get your earnings quickly.
Emergency Funds: In urgent situations where funds are needed immediately, Visa Direct can facilitate swift financial support. The funds are received quickly and can be spent from your card or withdrawn to your bank.
Why Visa Direct matters to you
Global Reach: Visa Direct leverages the extensive Visa network, enabling money transfers from around the world. This means you can receive USD payments from nearly anywhere and withdraw them to your bank on the Chipper Cash app.
Speed of Transfer: Transactions are processed at an impressive speed, often within minutes.
Year-Round Availability: Visa Direct works 24/7, which means you can receive money any time of the day, any day of the week.
Enhanced Security: Visa’s world-class security is built into Visa Direct, protecting you from fraud and unauthorized transactions.
Ease of Use: Receiving money is as simple as providing your 16-digit virtual Visa card number. There’s no need for complicated bank account details or routing numbers.😁
Other FAQs
How do I know if I’ve received my money?
You will typically receive a notification, or you can check your Chipper USD card balance.
Is Visa Direct safe to use?
Absolutely! Visa uses advanced security protocols to ensure that your transactions are secure and your financial information is protected.
Are there limits to how much I can receive?
Yes, there may be limits set by the sender’s bank or the sending service. It’s best to confirm these limits beforehand.
💡 For more information on Visa Direct and how to make the most of it, please contact our customer support team. We’re here to ensure that your experience with receiving USD in Nigeria is smooth, secure, and efficient.
Do you need further assistance?