Everything you need to know about Ecobank Visa CashXpress Card
Ecobank Visa CashXpress Card is like twin sister of the popular UBA Africard prepaid Visa card (which is highly recommended for PayPal withdrawal in PayPal supported African countries). In other words, Ecobank Visa CashXpress possesses all the features of the UBA Africard.
Ecobank Visa CashXpress Card is a prepaid Visa card issued by Ecobank. Its the most common type of bank card in Africa… mostly used by the internet entrepreneurs in Africa to run their online business.
Ecobank Visa CashXpress Card is an empty prepaid Visa card that anybody can buy from Ecobank with just 10,000frs to store cash (without opening an account with Ecobank bank). The cash deposited in your Ecobank Visa CashXpress Card, can be used to pay for products and services online.
For example if you wish to buy a 25000frs ($50) Android smartphone from the US Amazon online store today, you just need to go to the Ecobank branch in your city with the 10,000frs application fee and apply for the Ecobank Visa CashXpress Card and you will be issued an empty Ecobank Visa CashXpress Card.
After obtaining the bank card, you just need to deposit 25,000frs in to your Ecobank Visa CashXpress Card and then use the funds in your Ecobank Visa CashXpress Card to buy the 25,000frs smartphone on Amazon or any online store. As easy as ABC.
Your Ecobank Visa CashXpress Card is just like your online shopping wallet (your e-wallet). Whenever you want to buy any product or pay for any service online, you just need to deposit an amount in to your card which is equivalent to the price/fee of the product or service you wish to pay for and then use your Ecobank Visa CashXpress Card to pay for the product or service.
One of the reasons why Ecobank Visa CashXpress Card is common among the internet entrepreneurs in Cameroon is because its very easy to get Ecobank Visa CashXpress Card from Ecobank with very little amount of money and the application process is hassle free and fast i.e. Ecobank Visa CashXpress Card is issued instantly.
Ecobank Visa CashXpress Card applicants don’t have to be an Ecobank customer or even open a bank account with Ecobank in order to be issued the Ecobank Visa CashXpress Card unlike the Ecobank debit cards. This is one reason why the Ecobank Visa CashXpress Card is cost very little money to acquire.
Requirements for acquiring an Ecobank Visa CashXpress Card in Cameroon
Before going to your nearest Ecobank branch to apply for the Ecobank Visa CashXpress, you will need to take along with you, the following items.
- 4 passport size photographs (taken red background).
- A Photocopy of your birth certificate.
- A photocopy of your National Identity card (ID card).
- Tax Identification Number (you can get a tax identification number from the taxation office in your city)
- 10,000 frs (the application fee). In other words, it will cost you just 10,000frs to obtain the Ecobank Visa CashXpress.
- A photocopy of one of your utility bills like electricity bill, water bill or any bill that clearly indicates your house address.
People who don,t have any utility bill (like the students) will be asked to draw a sketch route map from their nearest UBA branch to their house. The Sketch route map is just to tell UBA the location of your house. UBA just want to know where you live for your own good. If you don,t know how to draw the sketch route, you can just tell one of the UBA agents where you live and he or she will help you to draw a sketch route from their branch to your house.
After you have putr together all the required documents, visit any Ecobank branch in your city to apply for the Ecobank Visa CashXpress.
After you are through with the application process, you will be asked to deposit the 10,000 frs (Ecobank Visa CashXpress application fee) in to your Ecobank Visa CashXpress card.
Get the Ecobank cash deposit form, fill all the required info… and submit the form and the 10,000 frs to one of the tellers at the counter. After money has been deposited in to your card, you will be asked to enter the 4 digit ATM pin of your Ecobank Visa CashXpress card. After you have done that your Ecobank Visa CashXpress card will be handed over to you. You can now leave the Ecobank office and start shopping online with your Ecobank Visa CashXpress card.
10 Interesting facts about the Ecobank Visa CashXpress card
- You don,t need to open a bank account with Ecobank in order to be issued Ecobank Visa CashXpress card unlike the Ecobank debit cards which requires that you create a bank account for it to be issued.
- Ecobank Visa CashXpress cards are prepaid cards (e-wallets) issued by Ecobank for you to pay for products and services online. Its just like your online shopping wallet…used for shopping anytime you want to pay for a product or service online.
- It will cost you just 10,000 frs CFA to get a Ecobank Visa CashXpress card from any Ecobank branch in Cameroon…which is very cheap as compared to the Ecobank debit cards which requires that you open a bank account with Ecobank . This explains why people from all walks of life own the Ecobank Visa CashXpress card.
- Ecobank Visa CashXpress card are issued INSTANTLY! i.e. after you have applied for an Ecobank Visa CashXpress card and paid the 10,000 frs Ecobank Visa CashXpress card application fee, a brand new Ecobank Visa CashXpress card will be handed over to you instantly… which implies that within a space of 30 minutes, you can apply and get a Ecobank Visa CashXpress card from any Ecobank branch in Cameroon and start shopping online the same day.
- Ecobank Visa CashXpress card is not only used for online purchases. You can also save and withdraw money from your Ecobank Visa CashXpress card from any ATM machine in the world at any time of the day. This explains why Ecobank Visa CashXpress card is the most secure way to carry cash around. You don,t need to carry huge sums of money in a wallet or suit case. Your wallet or suitcase can be stolen by thieves or you can misplace your wallet. Simply keep your money in your Ecobank Visa CashXpress card and withdraw your money (anytime you need physical cash) from any ATM machine in Cameroon and the world atlarge. If your Ecobank Visa CashXpress card gets lost or stolen, you are protected against fraudulent purchase transactions from the moment you report the loss to Ecobank.
- Ecobank Visa CashXpress card can easily be funded (reloaded) at any Ecobank branch.
- Ecobank Visa CashXpress cardholders can do card to card funds transfer. This makes the card good for sending student allowances for a child who is studying away from home.
- Ecobank has also made it possible for the Ecobank account holders to transfer money from their Ecobank account to the Ecobank Visa CashXpress card. This has made it possible for parents to send allowances to their kids without going to the Ecobank branch.
- Ecobank has created a secure online portal to enable Ecobank Visa CashXpress card holders to check balance and view statements without making a trip to the Ecobank. With other prepaid cards (like the one issued by Afriland first bank), you will need to check your card balance via the ATM machine; which is very annoying.
- The Ecobank Visa CashXpress card online portal also allows you to request a card statement, with a full history of all your purchases and expenses for the month or a specified period.
- For added security, holders of the Ecobank Visa CashXpress card also receive an SMS transaction alert and email notification for every transaction done which enables easier tracking of transactions”.
- If you misplaced your Ecobank Visa CashXpress card, you just need to go to the Ecobank branch that you applied for the card and lay your complain…and a new prepaid card will be issued to you with the funds in your card still intact. The missing card will be blocked temporally.
- Since a Ecobank Visa CashXpress card isn’t link to a bank account, you won’t suffer a huge financial loss if your UBA Africard is hacked. If your Ecobank Visa CashXpress card is hacked, you will only lose the available funds in your Ecobank Visa CashXpress card but if an Ecobank debit card (which is linked to your Ecobank account) is hacked, the hacker can steal all tons of cash from your Ecobank account.
- Ecobank Visa CashXpress card is amongst the PayPal accepted cards in Cameroon i.e. this simply mean that you will be able to use your Ecobank Visa CashXpress card to verify your Paypal account or open a verified PayPal account in any part of Africa.
- Ecobank Visa CashXpress card also support PayPal withdrawal in Cameroon i.e if you have a foreign PayPal account that receives money in Cameroon, you can link your Ecobank Visa CashXpress card to your PayPal account and transfer money from your PayPal account to your Ecobank Visa CashXpress card. After the money has been transferred to Ecobank Visa CashXpress card, you can then go to the Ecobank ATM machine to withdraw the money.
- Your Ecobank Visa CashXpress card can be used at over 1.6million ATMs and 24million Cashless Payment (POS) terminals worldwide – allowing you to withdraw local currency wherever you are.
- The Ecobank Visa CashXpress Card lets you set your own daily withdrawal limit.
- You won’t be charged for withdrawing money from your Ecobank Visa CashXpress card via the Ecobank ATM machine.
So what are you waiting for??? Grab yours today and transact without boundaries.
Carrying cash everywhere can be bulky and quite the handful. Join the cashless movement where all you need is your Ecobank Visa CashXpress Card and you’re good to go.
Ok guys, we have come to the end of this article. If there’s anything you haven’t understood, send me a message via WhatsApp.
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