virtual credit cards
Would you mind explaining exactly what that means?
I don't give out credit card info unless it's a secured site, and only if I trust the company, but I've never used a "virtual credit card" before...
You talking about a "Paypal"-like service or what? Does it even matter?
Hi.
Here is an explanation:
"A 'virtual credit card' is a form of payment that provides up to 100% security in situations where a credit card number and expiry date are the only verification needed, such as when making purchases over the internet or by telephone. The card is called 'virtual' because it doesn't physically exist.
A virtual credit card has a spending limit that you determine yourself. By setting this limit, you can minimize your risk of loss if someone else tries to use the card's number and expiry date information fraudulently."
http://www.garantibank.com/credit_cards/virtual_credit_cards/about_virtual_credit_cards.htmlOn the contrary of what alanrf stated, i have not even a physical credit card, actually. I have only bank account with an atm card. Normally it is not possible to do online shopping with an atm card, but my bank gives the possibility to create virtual credit cards for atm cards too, by dint of its online banking feature (in Türkiye, it is the only bank that does this, lol). Besides, i can use a virtual card as long as i want, not only for one purchase. And of course i can delete it anytime i want and create a new one. Since i transfer the sufficient amount from my account to the virtual card for each purchase, the risk is again almost zero.
Btw, if i want a real credit card, they will give law limit as i'm 18 and just student.
And i have much more money than that limit number in my account every month, so i love my atm card and the virtual ones much more.
Btw2, paypal is also secure because it is a well-trusted site and the credit card info isn't sent to anywhere else.