How useful is a virtual bank card?

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How useful is a virtual bank card?

Any bank and most online wallets such as https://askwallet.io/capitalone can issue a so-called virtual card. In fact, it is a full analogue of a plastic card, except that it does not exist physically.

Let's look at a few situations in which this feature will be useful to the user.

How is a virtual bank card useful?


1. You shop online and don't want to give out your main card information. After all, if the site where you pay is fraudulent or phishing, attackers will know your card details and can write off the money.

A virtual card is better in this regard - you only throw on it the amount you're going to make a purchase. In case of any suspicions you can easily block the card and issue a new one. And you do not need to wait until the bank makes a physical card!

2. You need to give your card number to a stranger to receive a transfer or place the details on the Internet.

The same rule applies here as in the first point - if someone suddenly tries to pick up the code on the back of the card and the expiration date, you can block and issue a new card.

3. You use a paid subscription on some website.

Many companies get crafty and hide the unsubscribe functionality or perform the process of unlinking payment details upon request. But what if they don't respond? Simply block the "virtual plastic" and forget about this event.

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