How do I Deposit Money?

Yellow Card provides two main ways to deposit funds into your account. The first is through Fiat Money, and the second is through Cryptocurrencies. But hold on! What is Fiat money? It is a government-issued currency not backed by a physical commodity, such as gold or silver, but rather by the government that issued it. 

In this post, we will explain how to fund your Yellow Card Account in both ways, regardless of country.

How to Deposit Fiat Money on Yellow Card?

You can deposit funds on your Yellow Card account with the 13 Fiat currencies supported by Yellow Card and through multiple payment methods (bank transfer and Mobile Money).

For bank deposits, your phone number (the one linked to your Yellow Card account) should be used as the reference on all your transactions.

The 13 Fiat currencies are the Nigerian Naira, Kenyan Shilling, Central African CFA Franc, West African CFA Franc, Tanzanian Shilling, Congolese Franc, South African Rand, Botswana Pula, Ugandan Shilling, Malawian Kwacha, Zambian Kwacha, Ghana Cedi, and the Rwandan Franc.

After you have verified your identity ( complete your KYC), you can proceed to deposit Fiat money in your Yellow Card wallet. Then follow these steps from your app (we will use Ghana for this example. Please note that the process is the same regardless of your country of residence. Kindly follow this link to get an overview of your country's deposit method):

Step 1

* Login to your Yellow Card account. Click “Deposit” from the homepage.

Step 2

Select the Payment Method you’re most comfortable with.

These vary depending on your country of residence. Please follow this link to learn more about payment methods by country.

Step 3

Enter the amount you wish to deposit, and follow the instructions

To complete the process, you should ensure that your Mobile Money wallet has a sufficient balance. If you cannot use our Mobile Money services, please check with your service provider to confirm that you are registered for mobile money usage.
Please remember that your Mobile Money Number must be the same as your Yellow Card account Phone Number. These restrictions are to protect our users from fraudulent transactions.

How to Deposit Cryptocurrency on Yellow Card?

After you have verified your identity ( complete your KYC), you can proceed to deposit cryptocurrency in your Yellow Card wallet. Then follow these steps from your app:

Step 1

Select the cryptocurrency you wish to Deposit.

Step 2

Click “ Trade,”  and select “Receive.”

Step 3

Tap to copy the wallet address or scan the QR code to get your Cryptocurrency Address.

Note: Use only this address for that specific Cryptocurrency and no other. Sending any other digital asset will result in permanent loss, which Yellow Card is not liable for.

Step 4

You should be able to see your incoming cryptocurrency under the “ Transaction History” of that currency

Financially yours, Yellow Card.

The link above is to be used only on your mobile devices. By clicking on it, you will be redirected to Play Store (for Android users) or AppStore (for iOS users). Follow this link for the web version.

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