Monthly maintenance charges will also be applicable.
Merchants accepting Virtual Cards
There is absolutely no restriction on any merchants for accepting virtual credit cards. However [url=http://www.superstarbaratases.es/adidas-superstar-80s.html]adidas superstar 80s baratas[/url] , it must be remembered that these cards can only be used online and cannot be carried around like a regular card. The merchant will in no way be able to comprehend whether a consumer is using a regular creditdebit card or a virtual card. They will have no access to any data apart from the temporary number, which is generated for the transaction.
Disadvantages of a Virtual Cards
Virtual credit cards can only be used for online transactions. Many people have limited usage of cards that can only be used online. Therefore, they feel a need to retain a physical card for use against transactions of some types. They are also slow in processing transactions as compared to their counterparts. However, they are a good solution for people preferring to shop and make payments online due to their secure nature.
As reality reveals, not every internet user has his own credit or debit card. Hence, many of them are not able to enjoy the convenience of transacting online. Another important consideration is that, many credit card users are afraid that their card information will be compromised.
With these problems, business developers were able to come up with a solution that is beneficial for everyone: a Virtual Credit Card.
What is a Virtual Credit Card (VCC)?
A VCC is a pre-loaded, in some cases re-loadable, card account that works in replacement of a debit card. It is like having a real debit card account without having the physical card. With a VCC, you can have peace of mind while shopping or transacting online. It doesn’t require you to reveal your personal information because you can use it with any name and address. Fast, convenient and secure. Plus, VCCs can be used anywhere in the world where major credit cards are accepted. There may be some country restrictions so some merchants may block the transaction because of user’s IP address but you can overcome this issue by using a socks or a proxy server.
Virtual credit cards will provide you with a peace of mind while shopping or transacting online.
Who can use a VCC?
Anyone from around the world can purchase and own a virtual credit card. It can be any person who wants to make payments and transactions online but prefers not to expose his or her own debit card information or it could simply be someone who doesn’t have a debit card at all. Usually, merchants do not require any ID when you purchase a virtual credit card. Virtual card details are provided instantly after you make a payment. Clients are responsible for any illegal use of these cards. Payments can usually be made through popular e-currency payment systems such as Liberty Reserve or Webmoney. Some merchants will accept PayPal, Moneybookers, AlertPay etc. Among regular payment options there could also be WUMG or Bank Wire.
What information is provided after the payment?
After the payment, you will receive the following information:
1. VCC type (Visa, MasterCard)
2. VCC number
3. CVC CVC2 number (also known as verification code)
4. An expiry date
The most popular VCC among internet users is Visa Virtual.
hi i am marlon and i am having a business of selling credit cards over
internet.
i usually sells Virtual credit cards which are of great use now a
days for shopping over internet.
virtual credit cards
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Visalus Review: Compensation Plan Broken Down
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