How to get a Credit card for online use

Posted by Mike on December 22, 2009 at 09:24:07:

Have you always wanted a credit card to use for online transactions? There are couple of reasons why people in Nigeria need credit cards and the main driving force behind it is the growth in internet knowledge. Internet usage is increasing in Nigeria mostly in relation to telecommunication growth and growing literacy among youths.
The credit card is a major means of making online payment from wherever you are and all you need to do is to be connected to the internet.
Lately, a lot of Nigerian banks became bigger and started offering credit cards for their teeming customers.
We've got Mastercard and Visa in Nigeria and all you need to mostly do to get a card is to visit your bank. These credit cards can equally be used for making online payments as well as more than a million ATM'S across the world. To get it from your bank, you need to apply for it which includes providing personal information, valid means of identification as well as funding it. To fund most cards, what you really need is a minimum of about $150 which will include the set up fee.
Credit card transactions cost a fee in your account an there is a charge for loading and maintenance also. The credit card has a validity period of 2 years. Most of the credit cards issued in Nigeria normally have a Nigerian billing address and so when using it to make online payments, you need to include the address that you registered the card with at your bank.
There are other ways to get a credit card in Nigeria which may not necessarily be from the banks. You can equally get a credit card with a US address. This will come as a prepaid Visa card. Prepaid Visa cards are credit cards which come with a Us billing address and are mostly designed to be used for online transactions. They are mostly non-personalized and can be send to your friends by email - if it is a virtual credit card or by regular mail if it's a physical card.

To get a virtual credit card with a USA billing address, you need to order for it online from merchants who sell them as VCCs and you may have to pay them by bank transfer or any other means required.
At times, credit cards issued by Nigerian banks have been reported to have been rejected but the truth is that if you know how to use them, you will find out that they are mostly rejected if the merchant is not shipping to Nigeria or he suspects foul play. Lately most of the credit cards are being accepted online for most transactions for books, DVDs and other goods meant for shipment.
It is good if you are into making online purchases from Nigeria not to have only one kind of credit card. You need to have an alternative in case the first one fails or is not accepted online for one reason or the other. It is wise to have both kind of cards like the Mastercard or Visa by Nigerian banks or Visa card that comes with a US billing address. This will help you avoid the stress and bottleneck associated with credit cards transactions which are not just peculiar to Nigeria.

• Credit card in Nigeria