As reality reveals, don't assume all web surfer has their own credit or debit card. Hence, many of them aren't able to benefit from the capability of transacting online. Another significant consideration is always that, many credit card users are frightened that the card information will probably be compromised.
With one of these problems, business developers were able to come up with a solution that's beneficial for everyone: an on-line Plastic card.
Just what Virtual Credit Card (VCC)?
A VCC can be a pre-loaded, in some instances re-loadable, card account that work well in replacing a debit card. It is just like using a real debit card account with out the physical card. Using a VCC, you will get comfort when you shop or transacting online. It does not require you to reveal your own information since apply it with any name and address. Fast, convenient and secure. Plus, VCCs may be used anywhere in the world where major bank cards are accepted. There may be some country restrictions so some merchants may block the transaction due to user's Ip but you can overcome this matter with a socks or perhaps a proxy server.
Virtual cards will provide you with a reassurance while you shop or transacting online.
Who are able to work with a VCC?
Anyone from around the globe can buy and possess a virtual credit card. It can be anyone who would like to make payments and transactions online but prefers never to expose his or her own bank card information or it could possibly simply be someone that doesn't have a debit card whatsoever. Usually, merchants will not require any ID split up into an online plastic card. Virtual card data is provided instantly once you create a payment. Clients are to blame for any illegal using prepaid credit cards. Payments normally can be manufactured through popular e-currency payment systems including Liberty Reserve or Webmoney. Some merchants need PayPal, Moneybookers, AlertPay etc. Among regular payment options there might also be WU/MG or Bank Wire.
What facts are provided following the payment?
Following your payment, you will get these information:
1. VCC type (Visa, MasterCard)
2. VCC number
3. CVC / CVC2 number (often known as verification code)
4. An expiry date