They somehow incremented the cashless economy in a certain way.
But have you ever wondered What does avirtual card mean?or why is it used?.
Table Of Contents
What is a Virtual Card?
Definition A Virtual card is basically an online card that is not physically issued by the card provider.
Explanation The Virtual card is the invisible version of debit/credit cards.
Unlike plastic cards, it doesnt require any Physical Representation.
It usually has this one-time use card number created by the respective card provider.
How does it work?
The card issuers generally provide a software to be set up on the customers laptop or computer.
This software helps the customer to generate a temporary card number, linked with their permanent one.
Then the customers can obviously use this temporarily generated number to make online purchases.
If you find it useful then do let us know in the comment section below.
Stay tuned for more.
source: www.techworm.net
