Barter by flutterwave is a computerized app that allows for various financial transactions across the globe. Founded in 2016, Flutterwave is arguably the largest fintech company in Africa. saddled with the responsibility of providing payment services for online transactions across the globe. Barter by flutterwave as the name implies is an offshoot of Flutterwave.
Barter provides users with fast and secure online money transfers as well as virtual dollar card services. Barter virtual dollar card is used by over 500,000 users to make various online transactions on different platforms globally hence, eliminating the challenges posed by the naira limit. This provision makes Barter by flutterwave one of the best virtual card dollar providers in Nigeria.
Flutterwave recently greeted barter users through its email that its virtual dollar card service known as barter card for some period will be halted and it will take effect from July 17 2022 till further notice. A procedure they said was necessary to improve users’ experience. The implication of this is that since the virtual dollar card is halted on the platform, users will be unable to perform dollar-related transactions on the platform.
Nevertheless, there are still some features that are still functioning on the barter platform. As an active user, you can:
- Access your barter account by logging into your account with your username and password
- Move funds to a bank account
- Make use of the available balance on your NGN virtual card
- Pay for utility bills (PHCN, DSTV, etc)
- Buy airtime and data from your wallet balance only and access your account statement on barter.
On the other hand, due to the pause, users will be unable to:
- Create a new barter account
- Already existing users will not be able to load their virtual cards
- Existing users will not be able to receive funds into their barter virtual account as well as transfer money from barter to barter account.
In essence, users should not be worried about their funds. It is still accessible and up-to-date answers are being provided concerning questions raised by users. It is possible to download the barter app but users will be unable to create a new barter account at the moment.
Frequently Asked Questions
When Is Barter Virtual Dollar Card Coming Back?
This question has remained on the lip of every barter user. Flutterwave communicated that its team is currently carrying out a rebrand of barter with enhanced features with added benefits. However, no exact date has been given concerning its return in the cause of communication. But they remain committed to their word to return to full operations as soon as possible.
Why Has Barter Stopped Working?
Fintech giant, Flutterwave announced through its email that its barter cards for some time will be halted. The reason is to come up with improved and enhanced versions.
Can I Get A New Virtual Dollar Card With Barter?
Due to the current rebranding, you will be unable to get a new virtual dollar card at the moment but as soon as the rebranding is over, users will be allowed to get a new barter virtual dollar card.
How Do I Fund My Barter Virtual Dollar Card?
To fund your barter virtual dollar card is not difficult, all you have to do is to log in to your barter app, click on add money to fund your barter wallet, and you can proceed to fund your card with the desired amount.
Can I Use My Barter Dollar Virtual Card To Fund My Crypto Wallets?
Barter dollar virtual cards cannot be used on any cryptocurrency platform. It has not been designed to facilitate Bitcoin trading.
Is It Possible To Use Barter Without BVN?
To use Barter, you must first register. As a potential user in Nigeria, your Bank Verification Number (BVN) is a very important requirement.
How Reliable Is Barter?
Barter is an online platform that allows users to send and receive money across borders. It also serves as a digital wallet that accommodates virtual dollar cards. It has been recently ranked by Monito as the best in Nigeria.
Conclusion
Virtual dollar cards are one of the best ways to make international payments because of their flexibility. But due to the hiatus of Barter from operations, you may want to consider another alternative virtual card provider. You must ensure to understand the terms of use of any virtual card provider before you proceed to create an account.
