Virtual Credit Cards are prepaid cards. Once the funds are transferred to your Virtual Card, you can spend only the sum equal to the sum on your virtual credit card account and not more. Unlike a debit card, virtual card is not directly linked to your checking account. The Card's transactions are not reported to credit bureaus.
It is more secure to use virtual card on Internet, rather than credit or debit cards, because you can protect yourself from fraud due to the limited amount of money on the virtual card account. So, nobody will be able to take more money from your account than it has.
It is meant for ONLINE purchases only. It works exactly the same way as any other credit card works, only difference it can only be used online and you have to load funds before using it.
It is more secure to use virtual card on Internet, rather than credit or debit cards, because you can protect yourself from fraud due to the limited amount of money on the virtual card account. So, nobody will be able to take more money from your account than it has.
It is meant for ONLINE purchases only. It works exactly the same way as any other credit card works, only difference it can only be used online and you have to load funds before using it.
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Last Updated: Sep 2009
Last Updated: Sep 2009
What is a Virtual Credit Card?
What is a Virtual Credit Card?
