Ecobank has announced the availability of its naira-denominated MasterCard for international transactions as well as increased daily limits customers can spend on their cards.
With the upwards review, daily spending limits currently applicable for customers using its naira MasterCard for international payments on Point of Sale (PoS) and online channels increased from $100 to $1,000 for its platinum card customers. It also set $750 and $300 limits for its gold and standard card holders respectively.
In addition to that, they have also enabled $100 daily ATM cash withdrawals on all the card variants.
The Head, Consumer Banking, Tunde Kuponiyi, said the bank was conscious of the needs of customers and has therefore made provisions to cater for the expected high demands.
Kuponiyi said the move was to create an ease and encourage customers of the bank to shop and spend abroad with their naira-denominated cards during this summer, stressing that, the debit card now allows access to their naira accounts from any part of the world enabling them make cash withdrawals as well as carry-out web purchases abroad.