Benefits of Accepting VPay/Visa Cards in Nigeria

Here are a few ways accepting VPay or any other Visa card can help you grow your business:

Opportunity to increase sales

  • When you accept Visa cards your customers will make both planned and impulse purchases because Visa cards give them online access to their bank accounts.
  • You will also attract new customers who prefer to use their Visa cards to pay for their purchases
Reduced operational costs
  • There is no longer any need for you to own a note counting machine
  • You will enjoy automated banking of your sales proceeds
  • Reconciliation of your sales proceeds would become stress free because of the easy reporting and reconciliation features built into our service offerings

Risk reduction

  • Accepting Visa cards through acceptance devices deployed by ValuCard Nigeria Limited reduces risks associated with fake/dud cheques and defaced bank notes.
Can store cards be considered to be e-payment cards?

  • No. Cards issued exclusively (e.g. supermarket chains and oil companies) are not e-payment cards. These are store cards or retailer cards, which allow payments only at the stores issuing them. They cannot be used at ATMs or other merchants’ Point of Sale terminals. Their use may translate into discounts and/or credit for the cardholder.
How do i identify an e-payment card?

  • hey are usually branded, the most popular in the world being Visa cards.
Where can I obtain Visa cards in Nigeria?

  • V-Pay , the only Chip and PIN-protected domestic debit card in Nigeria and the latest in the Visa card family, may be obtained from any Visa member bank in Nigeria.
  • Other classes of Visa cards would be available in due course.
Where and how can I use my Visa cards in Nigeria?
  • You can use your V-Pay or any other Visa card at merchant outlets where you see the Visa acceptance sign. You can also use it at ATMs where the Visa acceptance sign is displayed, to either withdraw cash or make certain kinds of payments such as paying for your electricity bill or water rate.
  • For V-Pay, it is also possible to use it to make payments over the Internet to merchants within Nigeria, while for other Visa cards, you can use them to make Internet payments to merchants abroad.
  • Other ways you can use your V-Pay or other Visa cards include using it to recharge the airtime on your phones or to transfer funds from your account to someone else’s account, or from your card to another person’s card.
Who is a merchant?

  • A merchant is any business outfit that accepts Visa card for payment.
Convenience

  • The quality of service you offer to your customers will be enhanced when they can conveniently pay for the goods/service you offer them.
  • Merchants that accept Visa cards through our online real time devices spend less time counting cash, adding up the day’s takings and traveling to and from their bank. With Visa cards transactions are faster, more efficient and more accurate than cash, leaving you with more time to concentrate on other important things such as expanding your business.
Guaranteed payment

  • You enjoy peace of mind when you accept Visa cards as a preferred means of payment because your money is guaranteed.
The way the world pays

  • Visa is the way the world pays!
Are you a prospective merchant?
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