Busha Card

What the Busha Card is

Busha is a Pan-African digital asset exchange and one of Nigeria's first SEC-licensed digital asset platforms, operating across Nigeria and Kenya. Alongside trading, Busha offers traditional savings, crypto-backed loans, corporate accounts with team spending controls, and the Busha Card.

The card is a USDC-linked Mastercard, available in virtual and physical form, that is free to create with no monthly maintenance fee. You fund it from your Busha balance - with Naira, Kenyan shillings or crypto - and spend it at Mastercard merchants worldwide. Up to 10 virtual cards can be issued on one account, each with a separate number, which is genuinely useful for isolating subscriptions or departmental spend. The physical card supports ATM withdrawals, though the limits are not published.

Why the licence matters most here

Most cards in this directory are issued offshore with an unnamed issuer. Busha is the opposite: a locally licensed, regulated exchange with a public compliance posture, and in September 2026 it partnered with Mastercard on Crypto Credential, becoming one of the first exchanges in Africa to issue verified aliases that replace blockchain addresses for transfers between participating platforms. That is a materially stronger trust position than the average crypto card in the region.

The funding constraint

The card itself is funded in USDC: if you hold BTC, ETH, SOL or another asset on Busha, you convert to USDC first. The card supports stablecoins across Ethereum, Base, Arbitrum, Solana and other networks, so the chain side is flexible even though the asset is not. Bank funding is available in Naira and KES, and Busha supports integration with services including PayPal and Wise for receiving value.

Where it falls short

Cashback is Naira rewards on Busha Spend purchases inside the app - vouchers, airtime, data and bills - not on card spending at merchants, which is worth understanding before choosing the card for rewards. There is no full IBAN or SWIFT capability for international transfers, ATM and spending limits are not published, and the card serves Nigeria and Kenya rather than the wider continent. Apple Pay and Google Pay support is also not confirmed.

Who it suits

For a Nigerian or Kenyan user who wants a free, well-regulated way to spend dollars from a licensed local exchange, this is one of the strongest options available, and the Mastercard Crypto Credential integration signals a platform investing in compliance rather than skirting it. Compare the Spenda Card for a different Nigerian approach, or browse the crypto cards directory.

Card features

• USDC-linked Mastercard in virtual and physical form, accepted at Mastercard merchants worldwide.
• Free card creation with no monthly maintenance fee.
• Up to 10 virtual cards per account, each with its own number, for separating spending categories.
• Physical card supports ATM cash withdrawals.
• Corporate cards with team spending controls for businesses.
• Fund with Naira, Kenyan shillings, or crypto.

Platform features

• Pan-African digital asset exchange operating in Nigeria and Kenya.
• Mastercard Crypto Credential support: verified aliases replace blockchain addresses for transfers between participating wallets and exchanges.
• Traditional savings alongside crypto trading.
• Crypto-backed loans through licensed third-party partner institutions, using digital assets as collateral.
• Busha Business infrastructure for cross-border payments, stablecoin treasury, merchant payments and API access.
• Integration with services including PayPal and Wise.

Card funding asset

The Busha Card is USDC-funded: the balance behind the card is in USDC, and if you hold another asset on Busha you convert to USDC first. The exchange itself supports a broad range of crypto for trading, but the card's funding asset is the stablecoin.

Networks

USDC deposits are supported across Ethereum, Base, Arbitrum, Solana and further chains, giving flexibility on how you move stablecoins into the platform.

Transfers and identity

In September 2026 Busha enabled Mastercard Crypto Credential, replacing lengthy blockchain addresses with a verified alias for eligible users. The system confirms that the recipient can receive the specific asset on the intended blockchain before a transaction completes, which reduces failed or misdirected transfers. Verified Busha users receive the credential automatically as part of their account, with no extra setup.

Published or recorded

• Card creation: free, with no direct card creation fee.
• Monthly maintenance: no monthly fee.
• Foreign exchange: recorded as 0% by independent trackers.
• Funding: Naira, KES or crypto, with the card balance held in USDC.

Not published

• ATM withdrawal fees and limits.
• Daily, monthly and per-transaction spending limits.
• Card loading or top-up fees.
• Physical card delivery cost, if any.

Costs to watch elsewhere

The card itself looks free, but two costs sit around it. Converting assets into USDC before funding carries Busha's trading spread or conversion fee, so if you hold BTC or ETH that is a real cost even though the card is free. And crypto-backed loans, offered through licensed third-party partners, require collateral and carry liquidation risk - Busha does not lend directly. Ask Busha for the current ATM and spending limits when you order the physical card, since none are published.