How do I create a virtual card?
Go to Cards > Virtual Card > Create New. Set a spending limit, name the card, and confirm with your PIN. Your virtual card details are displayed immed...
Last updated August 5, 2026
Virtual cards are perfect for online payments and subscriptions.
How to create a virtual card
- Open the app and go to Cards > Virtual Card.
- Tap Create New.
- Enter a name for the card (e.g., "Netflix", "Shopping").
- Set a spending limit (₦1,000 – ₦5,000,000).
- Confirm with your PIN.
Your virtual card details (card number, expiry, CVV) are displayed immediately.
What you can do with a virtual card
- Shop online on any website that accepts Visa/Mastercard
- Pay for subscriptions (Netflix, Spotify, etc.)
- Make international payments
- Set spending limits for better budget control
Virtual card fees
- Creation: Free
- Monthly maintenance: ₦200
- Funding: Free (funded from your wallet)
Managing your virtual card
- Freeze/Unfreeze: Instantly disable or enable the card
- Change limit: Adjust spending limit anytime
- Delete: Remove the card permanently
Tip: Create separate virtual cards for different purposes (shopping, subscriptions, etc.) to better track your spending.
Need a hand? Email hello@cashmatrix.ng.