DafriBank Card - All you need to know about it

in invesinafrica •  3 years ago 

DafriBank card is a revolutionary idea from DafriBank Crypto. It is a prepaid credit card that can be used as an alternative to the currently existing financial systems. This article will explain how your DafriBank Card works and all you need to know about it

What is DafriBank?

DafriBank Crypto, officially registered, functions as a cryptocurrency investment bank and exchange platform. By working closely with developers and users, we continually strive for improvement to bring our users the best possible service experience. We consider ourselves part of the crypto community and aim to help foster its ongoing development along by providing additional value-added services such as trading and exchange.

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What is DafriBank Card - All you need to know about it?

DafriBank Crypto's prepaid credit card, DafriWallet Card will be released as a major milestone of the DafriBank Project which acts as an official partnership between defiance and DafriBank. It is a unique cryptocurrency payment card that lets users make purchases with their crypto-currency savings account. Users can fund their crypto-currency savings account through various cryptocurrencies or fiat currencies via third-party remittance network providers. With this card, they are able to make deposits easily using bank transfer services provided by partner banks around the world. It also enables them to withdraw money from ATMs worldwide according to the limits set upon the card.

How does DafriWallet Card work?

You can load your DafriWallet Card by sending cryptocurrency to the DafriBank Crypto-currency wallet, visiting any of our branches with cash, or via bank transfer services provided by partner banks around the world. You can also top up your card online using VISA or MasterCard credit/debit cards issued anywhere in the world. Once loaded, just use your DafriWallet Card at over 30 million merchants worldwide that accept Visa and MasterCard. To withdraw funds you need to set a withdrawal PIN when you top up your account for the first time. The PIN is changed automatically every hour until you successfully enter it into an ATM. The service fees are kept at a minimum by DafriBank Crypto.

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The DafriWallet Card is issued through our partnership with Sunrise Bank & Trust, Ghana. The card can be used in over 30 million ATMs worldwide and accepted anywhere VISA or MasterCard are accepted. We will be adding more details on the working of the card, please check back often for updates!

Where can I use my DafriWallet Card?

Your DafriWallet Card works just like any other VISA or MasterCard around the world. You can use it at all shops that accept Visa or MasterCard payments. Furthermore, you may also withdraw cash from ATMs supporting these cards worldwide according to your daily withdrawal limits set on your card account. You can also check your card account details and statements anytime through the DafriBank Crypto mobile application.

How do I top up my DafriWallet Card?

You can load your DafriWallet Card by sending cryptocurrency to the DafriBank Crypto-currency wallet, visiting any of our branches with cash, or via bank transfer services provided by partner banks around the world. You can also top up your card online using VISA or MasterCard credit/debit cards issued anywhere in the world. Once loaded, just use your DafriWallet Card at over 30 million merchants worldwide that accept Visa and MasterCard.

What are the fees for topping up my DafriWallet Card?

There are no hidden fees charged for topping up. You can fund your crypto-currency savings account using various cryptocurrencies or fiat currencies via third-party remittance network providers. Visit our website to see the fees in detail.

What happens if I lose my DafriWallet Card?

You should immediately contact the DafriBank Crypto customer service support team who will block the card and send you another one within minutes. We will also help you recover any unspent funds deposited into that lost or stolen card(s).

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Is there any minimum/maximum amount for withdrawals?

There is no minimum withdrawal limit set by DafriBank Crypto. However, please note that there are daily limits on ATM withdrawals which vary according to the limits set upon the DafriWallet Card. You can withdraw up to 3 times the daily limit of your choice and across all the ATMs in the network of MasterCard and Visa.

Can I do multiple withdrawals within a single transaction?

Yes, you can request more than one withdrawal on a single transaction at approved ATMs worldwide. Such transactions will be rejected if this request exceeds your daily withdrawal limit set on your card account by DafriBank Crypto. Please note that such requests may also be subject to foreign exchange conversion fees, which is beyond DafriBank Crypto control or responsibility.

How safe are my funds?

We provide our customers with the safest and most secure payment solution anywhere in the world. All sensitive data relating to your card account is fully encrypted and securely stored within DafriBank Crypto servers. Furthermore, we store all sensitive data either with our partners or 3rd party service providers that are PCI-DSS (Payment Card Industry – Data Security Standard) compliant.
Is there any limit on the funds I can send/receive?
You can transfer as much as you like and whenever you like with no limitations whatsoever. Take a look at the minimum and maximum thresholds:

Minimum = $5 / Maximum = $10,000 per transaction;

Minimum = $100 / Maximum = $500,000 per month;

Minimum = $1 / Maximum = No Limit (you may be subject to penalties for excessive use).

What are the transfer limits?

The minimum transfer amount is $5 and the maximum allowed per transaction is $10,000. Payments in excess of this threshold must be done in multiple transactions. Additionally, there is a monthly limit of up to $500,000 which may also be subject to penalty fees depending on your account type when you exceed it. All these restrictions are in place to protect you from chain transfers/money laundering activities and promote transparency within the network. You may contact our customer service team for any questions or concerns regarding these policies.

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For more inquiries please do visit the useful links below:

Website: https://dafribank.com/
Telegram group: https://t.me/DBATalk
Twitter: https://twitter.com/DafriBank?s=09
Facebook: https://www.facebook.com/DafriBank/
Instagram: https://www.instagram.com/dafribank/
Linkedin: https://www.linkedin.com/mwlite/company/dafribank-limited

AURTHORS INFO :

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