Eversend has today introduced the ability to create virtual cards within its app after initially introducing donations, with a promise of launching virtual cards. These have finally arrived.
These virtual cards are denominated in dollars and can be used to do online transactions ranging from Netflix, Amazon, Facebook, Google payments among other purchases and are also valid for a period of 3 years.
How to Create Eversend Virtual Cards
- Step 1: Add money to the Eversend wallet and exchange it to dollars using the in-app exchange rate.
- Step 2: Tap cards, then “Create New Card” feature followed by adding a USD amount to the card.
The minimum amount required to create the card is $5 and users can create as many cards as they want. Creating the card will attract a fee of $1 plus a recurring monthly fee of the same value while funds on the card can be maintained as balance, or be withdrawn back to the Eversend wallet.
Other details
Eversends adds that users who use its virtual dollar cards save as much as 3% – 15% of currency conversion fees than if they opted for traditional banks to pay online.
Related: How to Create a Standard Chartered Bank Digital Card
Also, the virtual cards can be frozen and unfrozen at any time with just one tap. This makes sure that the card is unavailable for transactions whereas unfreezing it reactivates it.
