Does Kuda Card Work For International Transactions?

In today’s interconnected world, international transactions have become increasingly common. Whether you’re making online purchases from overseas retailers, paying for international travel expenses, or sending money to loved ones abroad, having a reliable payment method is crucial.

Kuda is a digital bank that offers a range of services, including virtual and physical cards. However, there is some confusion about whether Kuda cards can be used for international transactions.

In this blog post, we’ll look into the common questions asked about Kuda card and its capabilities for international transactions.

Kuda Card: A Nigerian FinTech Innovation

Kuda Card is currently a Visa card issued by Kuda Bank, a Nigerian digital bank that has revolutionized the financial landscape in Africa. Kuda Card offers a range of features that cater to the needs of Nigerian consumers, including free ATM withdrawals, zero maintenance fees, and a user-friendly mobile app.

Can Kuda Card Be Used For International Transaction?

While Kuda Card can work for online transactions, it offers limited international transaction capabilities. You can use your Kuda Card to make online purchases from international merchants, provided the website settles in Nigerian Naira (NGN). Transactions in foreign currencies are currently not supported.

Does Kuda Card Work On AliExpress?

No, Kuda Card currently does not work for AliExpress. Kuda Card is a naira-denominated card, and AliExpress is an international marketplace that primarily settles transactions in foreign currencies. As of now, Kuda Card does not support transactions in foreign currencies, and therefore, it cannot be used to make purchases on AliExpress.

However, Kuda Bank is actively working on expanding its international transaction capabilities, and they have plans to introduce support for foreign currency transactions in the future. Once this feature is available, you will be able to use your Kuda Card to make purchases on AliExpress and other international merchants.

In the meantime, you can use other payment methods to make purchases on AliExpress, such as a traditional debit card, a prepaid travel card, or a digital payment service like PayPal.

Can Kuda Card Make Online Payments?

Yes, you can use Kuda Card to make online payments on websites and apps that accept Visa cards. You can also use your Kuda Card to make online payments through Paystack, a Nigerian payment gateway that is integrated with many popular Nigerian websites and apps.

No, you cannot link your Kuda Card to PayPal at this time. PayPal’s services in Nigeria are currently limited to sending payments using a confirmed credit card. Receiving payments through PayPal is not yet available in Nigeria.

Alternative Options for International Transactions

If you require more comprehensive international transaction capabilities, consider these alternatives:

International Debit Cards: Traditional banks and other financial institutions offer international debit cards that allow for transactions in foreign currencies and international money transfers.

Prepaid Travel Cards: Prepaid travel cards are loaded with a specific amount of foreign currency and can be used for transactions abroad.

Digital Payment Services: Online payment services like PayPal and Wise enable international money transfers and online payments in various currencies.

Conclusion

Kuda Card offers limited international transaction capabilities for online purchases in Nigerian Naira. While it may not be the most suitable option for international transactions, it serves as a convenient payment method for online local purchases and ATM withdrawals.

For more comprehensive international transaction needs, consider traditional debit cards, prepaid travel cards, or digital payment services.