Take Control Of Your Card Security
Protect yourself from fraud.
We’ve all come to love the tap-and-pay practice that has taken over our retail payment method. It’s easy and convenient plus you reduce the risk of exposing your pin number. While we have heard our fair share of fraud stories of contactless payment options, there have been 33% decrease in contactless card frauds between 2017 to 2018 according to VISA, so don’t get shaken up.
Still a want to be extra cautious? Merchantrade Money gives you the option to block your card through the app without calling our customer service – saving time and reducing the risk of fraudulent spending.
You also have the option to turn off PayWave, recurring payments (auto-debit)
Before you get too shaken up, there have been improvements to security measures, artificial intelligence, cryptographic algorithms and encryption technology, therefore, the chances of you being a victim to accidental payments are pretty slim. There have been a
VISA’s payWave is protected with safety in the card, terminal and network levels which means you’ll benefit from the extra security with every transaction you make to prevent fraud.
Thus, you have nothing to worry about! But if you’re still a worrywart about the safety of contactless payment, you can switch off the VISA payWave option in your Merchantrade Money app under card settings.
Pretty cool right? If you haven’t signed up, do it today and get your card delivered to you!
What is Merchantrade Money?
Merchantrade Money Visa Prepaid Card is a Multi-Currency travel card that comes with an e-wallet that lets you store up to 20 currencies.
Why use Merchantrade Money when you shop online?
Store up to 20 foreign currencies in ONE card
Pay in foreign currency
- Send money overseas at low rates and low transfer fee
Spend abroad with ZERO transaction fees
View daily exchange rates and lock it in via the app
Need cash? Use the card to make withdrawals at any Visa Plus ATM
Manage your budgets on the go – check balance and view all recent transactions in real time
Download the app or head to any one of our branches near you!