Withdrawing from ATMs in Nigeria is like the Hunger Games, long queues, heatwaves, angry people, and inactive machines make the entire process frustrating. But you know what’s more upsetting, finally reaching the end of the queue and discovering you forgot your ATM card. That is the height of it.
We’ve all experienced that sinking feeling you get when you can’t find your V-card in your pocket, or the moment you realize you grabbed some other card in a hurry to beat the line. However, instead of turning back in defeat, you can use the cashless withdrawal option on your V-account to withdraw at the ATM of your choosing.
Hey, don’t brood on it! Vbank now makes this less devastating for you with the Vbank cashless withdrawal feature.
What is the Vbank cashless withdrawal feature?
The Vbank cashless withdrawal feature is like your regular ATM withdrawal but without a physical ATM card. With this feature, instead of using your ATM card (V-card) to withdraw money at an ATM base, you use a code. This code is called a Pay Code and is specially generated for your ATM withdrawal. You can’t use it for any other purpose.
Cashless withdrawal from your V-account only works on ATMs that support the “Paycode” option. But since most modern ATMs are Paycode-enabled, you have nothing to worry about.
p.s: Some charges may apply during the withdrawal as it applies to physical card withdrawal.
Benefits of the Vbank cashless withdrawal feature
Withdrawing at an ATM without your card has so many benefits, some of which include:
- Safety. You don’t need to carry your card or your phone to withdraw. You can easily scribble the pay code on a piece of paper and use that instead. This way, you do not run the risk of being robbed or scammed on your way to the ATM.
- Can’t find your V-card? Vbank’s cardless withdrawal feature is a prime, stress-free substitute for your absent ATM card.
- 3rd-party withdrawals. With the cardless withdrawal option, your friends and family can withdraw for you or themselves when you send them your pay code. It’s that simple! Now, you can send that urgent 2k in cash like the boss that you are.
- Works offline and online. No data? No problem. You can get your pay code via USSD
Concerned someone may steal your code and drain your account? Not a bother! The code only works for a particular transaction and self-destructs within 24 hours. Your phone doesn’t blow up or anything that dramatic, the code just becomes invalid. Also, you can’t withdraw more than the amount you inputted on your phone.
And there you have it. The Vbank cardless withdrawal option is easy, fast, and safer than carrying your V-card to withdraw money. So, why not try it out today?
Don’t have a V Account? Opening a V Bank account is easy and can be completed within 2 minutes. All you need is to download the V by VFD app, available on Android and iOS app stores. The application enables you to create an account either by using an existing BVN number or an existing bank account number.
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Enjoy your cardless lifestyle!