Close Menu
Innovation Village | Technology, Product Reviews, Business
    Facebook X (Twitter) Instagram
    Monday, September 1
    • About us
      • Authors
    • Contact us
    • Privacy policy
    • Terms of use
    • Advertise
    • Newsletter
    • Post a Job
    • Partners
    Facebook X (Twitter) LinkedIn YouTube WhatsApp
    Innovation Village | Technology, Product Reviews, Business
    • Home
    • Innovation
      • Products
      • Technology
      • Internet of Things
    • Business
      • Agritech
      • Fintech
      • Healthtech
      • Investments
        • Cryptocurrency
      • People
      • Startups
      • Women In Tech
    • Media
      • Entertainment
      • Gaming
    • Reviews
      • Gadgets
      • Apps
      • How To
    • Giveaways
    • Jobs
    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»News»Flutterwave, Chippercash, Eversend, Busha, others suspend virtual dollar card service indefinitely
    Dollar virtual card

    Flutterwave, Chippercash, Eversend, Busha, others suspend virtual dollar card service indefinitely

    1
    By Staff Writer on July 17, 2022 News

    Some African fintechs including Flutterwave, Chippercash, Eversend, Busha have suspended their Virtual dollar card service indefinitely. The fintechs sent emails to their customers on Friday notifying them of this service unavailability as from the 17th of July, 2020.

    The fintechs all claim this service disruption is due to an update from their card partner.

    In an email from Barter by Flutterwave, the company stated that “effective Sunday 17 July 2022, all our Virtual Dollar cards will be unavailable for any transactions and purchases.”

    The company advised customers to unlink their Dollar Card(s) for any recurring payments, and replace with another payment method.

    African cryptocurrency exchange, Busha, said its Busha card service would be paused as from Monday, 18th of July, 2022 also due to “a result of factors from its card partner,” beyond its control.

    Preliminary investigations reveal that some of these fintechs have Union54 as their card partner though the company has not made any official statement.

    Founded in 2020 by Perseus Mlambo and Alessandra Martini, Union54 provides an API for any company to issue virtual and physical cards without a bank partner or card processor is a debit card issuing API for fintech and corporates. Based in Zambia, it provides BIN sponsorship, transaction processing, and settlement. The company was spun off from a previous company, ZAZU, a challenger bank launched six years ago.

    This is a developing story….

    Related

    Busha Flutterwave Union54 Virtual Card
    Share. Facebook Twitter Pinterest LinkedIn Email
    Staff Writer
    • Website

    I am a staff at Innovation Village.

    Related Posts

    How to Use Your Phone Camera Like a Digital Creator

    How to Pick the Perfect Laptop for Your Needs (Work, Gaming, or School)

    Roqqu becomes latest Nigerian crypto platform to support cNGN stablecoin

    1 Comment

    1. Pingback: Union54 admits suspension of virtual card services to Fintechs was based on Mastercard's request - Innovation Village | Technology, Product Reviews, Business

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Copyright ©, 2013-2024 Innovation-Village.com. All Rights Reserved

    Type above and press Enter to search. Press Esc to cancel.

     

    Loading Comments...
     

    You must be logged in to post a comment.