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Making a debit card payment of more than 50,000€
Making a debit card payment of more than 50,000€

wamo debit cards have a limit of 50,000€ . This article outlines how to make a payment of more than 50,000€ with wamo debit cards.

Mike avatar
Written by Mike
Updated over 4 months ago

Using Your wamo Debit Card: Paying More Than 50,000€

wamo Debit Card comes with a standard payment limit of 50,000€. This feature enables you to make payments exceeding the 50,000€ limit, providing you with the flexibility to handle high-value transactions.

Step-by-Step Process

  1. Paying up to 50,000€ in a single transaction
    You can make payments of up to 50,000€ in one go using your wamo Debit Card.

  2. Creating a new virtual card
    To cover payments exceeding 50,000€, create a new virtual card through your wamo account.

  3. Completing the remaining payment
    Use the new virtual card to complete the remaining payment.

  4. Repeating the process for each additional 50,000€
    For payments exceeding 50,000€, repeat the process by creating a new virtual card for each additional 50,000€ you need to spend.

Using wamo debit card for tax payments of more than 50,000€

  • Initiate your payment with the reference code. Start your payment using your tax reference code associated with your transaction. You can go to the payment screen on taxation.gov.mt for Malta, pagopa for Italy.

  • Follow the steps 1-4 in the previous section.

FAQ

Can I really spend more than 50,000€ with my wamo Debit Cards?

Yes, you can! Your wamo debit card now offers increased flexibility, allowing you to make payments exceeding 50,000€ when needed. You just need to follow the steps outlined above

How can I pay more than 50,000€ with my card?

It's simple. When making a payment over 50,000€, just follow these steps:

  • Initiate your payment with the reference code.

  • Pay a maximum of 50,000€ in a single transaction.

  • Create a new virtual card through your Wamo account.

  • Use the new virtual card to complete the remaining payment. For each additional 50,000€, repeat the process by creating a new virtual card.

Can I use this feature for any type of payment?

Yes, you can use it for various types of payments, such as large purchases, bills, taxes, utilities, and more. It offers you greater flexibility for managing your finances.

Is there a limit to how many virtual cards I can create for splitting payments?

There's no fixed limit on the number of virtual cards you can create. You can generate as many as you need to accommodate your payments.

Do I need to contact customer support to enable this feature on my card?

This feature is readily available to all wamo Debit Cardholders. You can start using it right away through your wamo account.

Are there any additional charges for creating virtual cards for split payments?

There are no additional charges for creating virtual cards

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