How to Acquire Opay Virtual Card – The way people carry out transactions these days is gradually getting in a new shape, due to the use of virtual cards.
You can use virtual cards on a phone, app, and online, inasmuch as you have the 16-digit virtual card number. All you need to do is to slot in the card and allow the machine to perform its task.
But in our discussion, we are going to look at how you can acquire an Opay virtual card for online payment.
This is a kind of card that does not require a physical card. They are designed for use only online, to ease transactions and give convenience to users.
About Opay
The name Opay has become so popular that almost everyone has an idea of what Opay does, but there are certain business transactions that its customers do not know that Opay does, and that is why we are here to enlighten people more, especially on how they do transactions to, using the Opay virtual card.
Opay has a mission, and that is to make banking more easier and convenient, without necessarily appearing at the conventional banking hall. As we speak, it has become popular with about 18 million registered app users and 500,000 mobile money agents.
Features/Benefits of Opay Virtual Card
What are the special and specific features of the Opay Virtual Card:
- It has security or the users
- It is convenient. Just log into your account and do your transaction at your convenience
- The card is flexible, therefore, it has a use limit on the amount you can spend.
- Compatibility is another feature of the card. It is compatible with the financial operation of the Nigerian Naira currency.
Cost Acquiring Opay Virtual Card
How much does it cost for a customer to acquire an Opay virtual card? Opay virtual card is not acquired with any registration fee, except the N500 activation fee you pay to activate your virtual card.
How to Acquire Opay Virtual Card for Online Payment
Do you want to acquire the Opay virtual card, but don’t know how to go about it? We have a simple guide here that can help you acquire your Opay Virtual Card for online payment. This is how it works.
- Login to your Opay dashboard.
- Download and install the app
- Familiarize yourself with the services that are offered by Opay
- Find out about their card availability
- Click on card applications
- Scroll down and click on Cards.
- Two sections will appear, Click on “virtual card”
- Choose Your Opay Virtual Card Limit
- Click on ‘get it now’.
- Set up your Opay virtual card pin
- After that make sure that you activate the virtual card before you start using it.
- Ensure that an issuant fee payment of the sum of N500 is made
- Click on make payment
- Then enter your four-digit PIN.
Difference Between Physical and Virtual Opay Cards
Opay Debit cards and virtual cards are not the same, they are different in so many ways, and we are going to see what makes the difference now:
- Physical vs. Digital
- Security
- Cost
- Acceptance
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Difference Between Physical and Virtual Opay Cards
Let us look at a brief detail of the differences between virtual Opay cards and physical debit cards, based on the aforementioned list.
Physical vs. Digital
Physical cards as its name implies are cards that you acquire and can use physically on any machine in any bank, but an Opay virtual card, is not a visible card that you can hold in your hand or insert into any machine like an ATM to use, rather it is used only online.
Security
There is watertight security for users of virtual cards. This is so because, whenever a physical card has a problem or is compromised, it will affect the user’s bank account to which the card is linked, but where there is a compromise in the use of the Opay virtual card, it will affect the users account, because h virtual card is not linked to the account.
Therefore, at a point where a Virtual card has a problem, it will not be at risk of anything, unlike the physical card, which is very much at risk.
Cost
Another difference between the Opay virtual card and debit card is that the virtual card is free, except for the one-time N500 that you need to pay to activate your account once and for all. But on the other hand, to acquire your physical debit card, you have to pay for it.
Acceptance
Virtual cards are accepted for only online transactions, while physical debit cards are for physical transactions and shopping of any kind.
Conclusion
There is none of the cards that is an Island of advantages. They both have their merits and demerits. One demerit of virtual is that not all merchants will accept online transactions. But virtual seems to be more convenient and easy than physical.