From streaming platforms, software subscriptions, or online memberships, having a payment method that is accepted over the internet is important.

While credit and debit cards are the most commonly used payment methods, there are smart and simple ways to pay for subscriptions without a card. Let’s explore these practical alternatives that put convenience back in your hands.

Mobile Money Services: A Convenient Mobile Wallet

Mobile money services, such as MTN Mobile Money and Airtel Money, have gained immense popularity due to their simplicity and accessibility.

These services allow users to create a virtual wallet linked to their mobile numbers. Funds can be deposited into this wallet through agents or mobile money apps.

To pay for subscriptions, all you need to do is ensure that your chosen subscription service supports mobile money payments and link your mobile wallet to it. This method not only eliminates the need for a card but also offers an additional layer of security.

Bank USSD Codes: Banking on Your Phone

For those who prefer traditional banking methods, USSD codes provide a convenient way to manage transactions. USSD (Unstructured Supplementary Service Data) codes are shortcodes that allow you to perform various banking tasks through your mobile phone without the need for internet access.

Most Nigerian banks offer USSD codes that let you check your account balance, transfer funds, and even pay bills.

To pay for subscriptions using this method, link your bank account to your chosen subscription service, and use the USSD code to initiate the payment. This approach provides a familiar banking experience while enabling digital subscription payments.

Third-Party Payment Platforms: Versatile and User-Friendly

The rise of fintech in Nigeria has led to the emergence of third-party payment platforms that cater to a wide range of payment preferences.

Platforms like Paystack, Flutterwave, and Interswitch offer users the ability to make payments using multiple methods, including bank transfers, USSD codes, and even cash payments at designated outlets.

To use this method, you’ll need to create an account on the chosen platform, link your bank account, and complete any necessary verification steps. Once set up, you can easily select your subscription service and choose your preferred payment method.

These platforms not only simplify subscription payments but also offer a user-friendly interface for managing your finances.

Gift Cards and Vouchers: Tangible Transactions

While not as common as other methods, gift cards and vouchers are gaining traction as an alternative payment option. Some online marketplaces offer gift cards and vouchers for popular services, which can be purchased using cash or alternative payment methods.

Once purchased, you can redeem the value of the gift card and use it to fund your subscriptions. While this approach may require a bit more effort in terms of finding authorized resellers, it offers a tangible and flexible way to make digital payments.

Cryptocurrency Transactions: Embracing Innovation

For those who are tech-savvy and open to innovation, cryptocurrency transactions provide an intriguing option. Cryptocurrencies like Bitcoin and Ethereum have gained attention as digital forms of currency.

While still relatively new in Nigeria, there are platforms and services that accept cryptocurrency as a payment method. To use this method, you’ll need to set up a cryptocurrency wallet, acquire the desired cryptocurrency, and find subscription services that support cryptocurrency payments.

While it may require a learning curve, this method showcases the evolving landscape of digital transactions.

Borrow Someone Else’s Card

If you don’t have a card of your own, you may consider asking a friend or relative if you can borrow their credit or debit card for your online purchases.

However, it’s crucial to ensure that you enter the correct billing address during checkout to ensure the payment processes correctly. It’s important to maintain trust and repay any borrowed amount promptly.

Bank Transfer

A bank transfer is another method of making cashless payments without a card. It involves transferring funds directly from one bank account to another.

While the end result is similar to a debit card transaction, a bank transfer eliminates the need for a physical debit card. Bank transfers offer higher security and speed, making them a common method for various cashless transactions.

Recommended Read: 6 Best Virtual Cards in 2023

Virtual Cards

In addition to the methods mentioned above, virtual cards provide a safe and secure way to make online payments and subscriptions without the need for a physical card.

A virtual card is a digital representation of a physical card that is generated for one-time use or limited-time use. It acts as a buffer between your actual card details and the online merchant, protecting your sensitive information.

Virtual cards can be generated through various platforms and financial institutions. These cards are typically associated with a specific amount or a specific time frame, providing an added layer of control over your subscriptions and online purchases.

Additionally, virtual cards can be easily topped up or canceled, giving you greater flexibility and security.

To sum up

As you explore these options, remember that convenience is at the heart of these methods. Each one offers a unique approach to subscription payments, catering to different preferences and needs.

Mobile money services make payments easy through your mobile number. USSD codes let you bank via text, while third-party platforms offer versatile options. Gift cards and vouchers provide a tangible touch, and even cryptocurrencies are on the table.

Next time you want to subscribe to your favorite streaming service or fitness app, remember these practical methods. You’ve got choices, and each one opens doors to a world of entertainment and services.

So, embrace convenience, choose the method that suits you best, and enjoy a seamless subscription experience without the need for a card.