Virtual credit cards are digital versions of physical credit cards. They generate a unique credit card number that you can use instead of your physical card number, avoiding the merchant from storing your credit card data and making your financial data more safe.
With security breaches in the news, using a virtual card adds an extra degree of security. Several major credit card issuers provide virtual cards, although there are several outliers. Virtual credit cards provide more than just security. A virtual credit card allows you to utilise a newly created account before the physical card arrives, allowing you to collect rewards right away or make progress towards a welcome bonus.
Are virtual cards safer than physical cards?
Virtual cards provide an additional layer of security over physical cards by safeguarding your real credit card information. This makes them safer than physical cards in various aspects:
- This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents
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