Virtual credit card

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asked Jul 13, 2020 in Electron Microscopy by webdesignplus69 (18,800 points)
edited Jul 13, 2020 by webdesignplus69

While they are getting noticed by more and more people, the use of single-use or virtual credit card numbers will continue as new consumers learn the security benefits of the numbers for online purchases.

Virtual credit card numbers are similar to the disposable cameras that people by when on vacation rather than taking their expensive cameras. Each is meant to function in the place of something else. The virtual credit card numbers protect personal or credit information while performing transaction over the internet.

While it may no longer seem odd, the number of credit/debit card fraud and outright identity theft are more concentrated than they once were. Individuals and card companies are looking for the right approach, one that protects consumer card information while also lowering the risks. By far one of the more innovative solutions to these circumstances has been the development and issuing of virtual credit card numbers.

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