![]() It can be used only for a designated online service provider.These cards also protect your data as they will not disclose it to the merchant. You can use multi VCCs more than once, which saves you the time in obtaining and entering a new number each time you make a purchase. These cards are excellent if you want to make sure that your information remains safe and unavailable. This means that once you provided the number to a merchant, it will not be eligible for any additional activities. When you get a single-use VCC, you receive a one-time token that you can use for a single purchase. There are different types of virtual credit cards and which one to opt for depends on your needs. Since your VCC is connected to your account through a secure network, you will be charged in the same way you would be if you paid with a regular credit card. To a merchant, it will appear as a regular card number with all the details required, but no data will be stored, and no additional purchases or charges can be made with that number. Each time you make a payment, a virtual card number is created, and you use it for the purchase. The difference is that VCC is usually a one-time token that is generated for that particular purchase or online retailer. Once you fill your online cart, you provide your card details and the merchant charges for the goods or services that you chose. Virtual credit cards work in the same way traditional credit or debit cards do. With this extra security feature, virtual cards are the best way to purchase things online without jeopardizing your account. It is linked to your bank account or your credit card, so you can use it to buy products or services on the Internet.Īlthough they are linked to valid funds sources, VCCs are an independent payment method, which means that a merchant will not be able to access your data. The VCC number is similar to an actual card number, but it is not attached to a real physical card. What is a virtual credit card?Ī virtual credit card is a series of randomly generated numbers that serve as an online payment method. ![]() Since many people are still not sure what VCCs are and how they work, let’s try to answer some of the common questions users have about virtual credit cards. VCCs proved to be exceptional at keeping your information hidden from third-party breaches. With a few global hacker attacks that left people wondering about the safety of paying over the Internet, a need arose for a secure way of transacting online without exposing personal data of the consumer. They are not actual physical objects, meaning that-instead of a plastic card-you are using a number sequence that serves as a payment method. ![]() Virtual credit cards (VCCs) are credit card numbers that can be used for online shopping. Credit Cards The #1 Virtual Credit Card Virtual credit card - What is it, and how does it work? DoNotPay provides a platform for legal information and self-help. DoNotPay is not a law firm and is not licensed to practice law. Because everyone is unique, our self-help tools are never guaranteed to help with any specific situation. As a result, you should make sure to do your own independent research. IEditorial Note: These blog posts represent the opinion of DoNotPay’s Writers, but each person’s situation and circumstances vary greatly.
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