Virtual Credit Card Overview

What is a Virtual Credit Card?

A Virtual Credit Card (VCC) is a digital version of a physical credit card, designed specifically for online and remote transactions. It operates in much the same way as a traditional credit card, but rather than being issued as a physical piece of plastic, it exists solely in a digital form.

Key Features of a Virtual Credit Card:

1. Digital Card Number: A virtual card generates a unique card number that you can use for online shopping, subscriptions, or other digital transactions. This number can differ from your physical card’s number for added security.

2. Temporary or Reusable: Virtual cards can be single-use (ideal for one-time transactions) or reusable for multiple transactions over a set period. You can control how long a virtual card remains active, giving you flexibility and security.

3. Enhanced Security: Since virtual cards can be generated with unique numbers and specific expiration dates, they help reduce the risk of fraud. Even if the virtual card details are compromised, your main account remains secure because the virtual card can be easily deactivated.

4. Real-Time Management: Users can create, deactivate, or delete virtual credit cards instantly from their account dashboard. This real-time control allows you to react quickly to any suspicious activity and gives you the flexibility to manage multiple cards for different purposes.

How Virtual Credit Cards Work:

When you generate a virtual credit card through our platform:

• A new, temporary card number is created along with a CVV code and expiration date.

• You can use this virtual card just like a physical card when making purchases online or over the phone.

• The transaction amount will be deducted from your recharged card. However, please note that the merchant will only be able to view the relevant information of the virtual card.

When to Use a Virtual Credit Card:

• Online Shopping: Using a virtual card is ideal for shopping online, especially on websites where you might be concerned about security.

• For services such as streaming platforms or software subscriptions, you can recharge your virtual card with the corresponding amount to avoid being overcharged.

• International Purchases: Virtual cards provide a secure way to make international transactions, often helping users avoid currency conversion issues or unauthorized charges.

Benefits of Using a Virtual Credit Card:

1. Increased Security: By limiting the exposure of your actual card details, a virtual card minimizes the risk of fraud or unauthorized use.

2. Convenience: You can generate and manage multiple virtual cards for different purposes, ensuring better organization of your spending.

3. Privacy: Virtual cards provide additional privacy, allowing you to control which services have access to your payment details, and offering more anonymity for online purchases.

Virtual Card vs. Physical Card: What’s the Difference?

Feature	Virtual Credit Card	Physical Credit Card
Form	Digital (used online or via apps)	Physical plastic card
Usage	Primarily for online/remote transactions	Online, in-store, ATMs
Card Number	Temporary/Customizable	Fixed and linked to the physical card
Security	Higher security (unique, temporary card numbers)	Standard security (single card number)
Activation Time	Instant	Typically takes a few days to be shipped/activated
Control	Easily manageable, set limits or deactivate quickly	Requires calling customer service for changes

With a virtual credit card, you get more control over your online transactions, along with enhanced security, making it an ideal solution for managing digital payments.