Virtual Credit Card- Must Knows

-> A virtual credit card is an electronic card, which can be created using the internet banking facility by providing one’s credit/debit card details. It does not require any extra charges.

-> This card is created for one time and it is created for each online transaction separately. It is valid up to maximum of 48 hours.

-> Each virtual card comes with its own card number, CVV number and validity details. It can be used for online transactions like regular credit cards.

-> This virtual card allows secure online transactions as it reduces the risk of exposing the underlying credit/debit card details to the vendor.

-> A virtual card may be available to non credit card holders also. For this virtual credit card can be linked with your debit card or your bank account.

Advertisements

What is your opinion?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s