How to create a Palremit virtual dollar card

Estimated reading: 2 minutes 88 views

Here’s the step-by-step process to create a Palremit virtual dollar card:

  • Log in to your Palremit account. Make sure you have an active and verified Palremit account first (i.e., you must have completed KYC).
  • Navigate to the Cards section. This is found in the main menu or dashboard of the Palremit app.
  • Select “Create New Card”. Look for an option to create a new virtual card.
  • Choose USD as the card currency. Select US Dollar (USD) from the available currency options.
  • Select the account to fund your card purchase. You can choose NGN, USD, KES, Euro, or any equivalent of cryptocurrencies supported on the platform to pay for your card. Note that creating a card on Palremit costs $2.
  • Confirm and create your card. Double-check all details and then confirm to create your virtual dollar card.
  • Fund your new card by transferring more money from your Palremit wallet to your new virtual card. Pay for services, subscriptions and international payments anywhere a card is accepted.
  • Securely store your card information. Keep the card number, expiry date, and CVV in a safe place.

Card management features

  • Fund Card:

    Use the “Fund Card” option to add money to your card and pay for convenience anywhere.
  • Card Details:

    Card details show your card information: name, card number, expiry date, CVV, billing address and postal code. This information must all be used when you use your card to make payments anywhere to avoid decline.
  • Card Usage Terms:

    This shows the fees and spending limits associated with using your Palremit virtual card.
  • Manage Card:

    This contains features that allow you to manage expenses on your account.
    • Statement:

      View your transaction history, expenses and credits made to your Palremit card.
    • Withdraw:

      You can withdraw money from your card back to your Palremit account.
    • Statement:

      View your transaction history, expenses and credits made to your Palremit card.
    • Withdraw:

      You can withdraw money from your card back to your Palremit account.

Freeze Card:

Has your card been compromised? Simply freeze your card. This prevents anyone from using your card without your authorization.

On this page