UBL Wiz Card
UBL wiz Card is introduced by UBL for online transactions. E-payments have always been a problem for us, in Pakistan. As its service is not being provided by PayPal here in Pakistan right now the only way that is legal, we are left with is Credit Card.
But not everyone is eligible or does manage these credit cards (which come with huge security deposits and service charges).
Here UBL Wiz card serves the functions. At the moment this might be regarded as best Pre-Paid debit card which also works for online payments, as a bank card.
UBL Wiz card has tag line of Cash Do Card Lo, means it is very easy to have this – you only have to fill up a form and to buy deposit and card fee cash, that’s it – you are finished. Card may be obtained from any UBL division for just Rs. You and 120 don’t even need to truly have a bank account.
Yes it is the primary purpose, UBL Wiz has a virtual account which is not associated with any division. You aren’t supplied with extra account number, instead account number is extracted from your 16 digit card number. So whatever you get is a Wiz card with Visa Symbol on it.
Card number may be extracted as following,
In case your Card Number is ABCD EFGH IJKL MNOP ( Conventional 16 Digit Code), then your Account Number will be GH IJKL MN (8 Digit Code).
Among the best characteristics of UBL Wiz card is that, you are able to deposit cash in your WIZ card from any branch in Pakistan, means you really do not need to go to any specific division.
UBL WIZ Card currently has three basic cards, which differ only in deposit/withdrawal and daily usage limitation. Subscription costs are same is the sort.
More information about Daily use limits and Deposit/Withdrawal are available here.
Using WiZ Card for Online Transactions
To Utilize UBL Wiz Card as a Credit Card you must possess Internet Session.
One time session activation fees are 100 Rs and session stays active for just one Calendar date, and in this time you’ll be able to pay online as much as balance you might have in your account. It’s impossible to use your card anymore, on web as the session expires.
Note that, Wiz card does not comes with pre-activated internet usage, to get it activated, you have to fill up net usage form and fax/e-mail it to UBL, plus they’ll get it working with in 24 to 48 hours. (This is one time activation or say registration for online payments)
A bonus point of this card is that it can also be utilized in Pakistan at any One Link ATM. And this really is the lone way as you do not have really or checkbook a bank account to withdraw funds from your own account.
Keeping in view present e business in Pakistan and availability of acceptable alternatives, UBL WIZ card is extremely feasible and is functioning the purpose yet affordable process of e payments in Pakistan where we don’t have PayPal.