What are virtual credit cards?
Payments
Asked by Question Bot05/Nov/20141 answer
1 Answer
F
Faisal Khan
Answered 05/Nov/2014
Regular credit cards, except no plastic. A Virtual Credit Card, comes from VCT (Virtual Card Technology) and is essentially the same information you put up on a web-form online for payment - that is what a Virtual Credit Card is.
Virtual Cards can be one-time issued, or time-limited. Virtual cards are derived from CNP Data (Card Not Present) idea.
- It's the Card Type (Visa, MasterCard, etc.)
- Card Holder's Name
- Issue Date
- Expiry Date
- CVV Code
- Card Number
- And is associated to your Billing Address
Virtual Cards can be one-time issued, or time-limited. Virtual cards are derived from CNP Data (Card Not Present) idea.