Discover in this article the answers to all your questions about how to obtain a virtual credit card and enjoy the security and benefits that this option offers.
Times have changed and services have kept pace with these changes as well. Today, the search for efficiency in the performance of human tasks and the ways in which communications are carried out have completely transformed habits.
Before, to make a purchase, you had to go to the store where the product was found, look for it and pay to get it. Today, almost all items are just a few clicks away on specialized apps for mobile phones and electronic tablets or digital platforms.
The increase in the use of cards
There are estimates that indicate a huge growth in online shopping and it should continue to increase, and credit and debit cards are the most common form of online payment. However, during this time, there have been security attacks against digital credit cards.
Along with this growth, users are becoming increasingly cautious about everything related to the details of their virtual credit cards and the security they can offer. Most companies that sell products or services through platforms or applications charge via cards, although there are some that accept cash payments.
Although a code called CVV has been developed in the industry that can be found on the front or back of physical cards, which guarantees that the user is in possession of the card, it is not completely infallible, as fraud and theft still occur.
For this reason, some banks offer a very safe and convenient solution with many other benefits: Users can create a virtual credit card that helps them with their online and real-world purchases. Surely you are wondering what it is and how to get a virtual credit card.
What is a virtual credit card and how do I get one?
Virtual credit cards exist only in the digital world, meaning there is no way to physically view them. They were created as a response measure to prevent fraud or identity theft, as they become simulations of a real card, helping to hide the user's reference data and their account. Over time, other uses have been developed for the benefit of customers who use this payment method.
Virtual cards capture all the advantages of digital transactions and bring them together in a single product, as for now we only talk about online purchases, but their use can be extended to other banking movements such as deposits and they can even leave the virtual world and make purchases without physically showing the card.
A virtual card is an extension and alternative to using a physical card, as it is created from a card you already have, whether debit or credit. Unlike the card in your purse or wallet, it has a different number and expiration date than your physical card, but it respects the characteristics of balances and credit lines.
In some, more secure cases, it is possible to manage your virtual cards with a mobile app.
With mobile applications that manage virtual cards, you can activate, deactivate, limit the available credit or debit, carry out exclusive operations, make payments with your mobile phone in physical stores and without taking out the card (ask for the mobile phone models that can do this) and, of course, create it.
How to create a virtual credit card?
As for the benefits they offer, the section on how to create a virtual credit card always depends on the bank, the infrastructure and the technology associated with this service.
If you are wondering how to get a virtual credit card, you must first log into a platform or download the reliable application for mobile devices and follow the steps to do so. You select your physical card of which you want to make a virtual copy, then a temporary code is created for the operations, it is validated with the CVV and the validity of the process is selected.
Some mobile apps may even offer the ability to schedule cash withdrawals with an operation code that is entered at ATMs for greater user security when visiting ATMs.