BANKING AFFAIRS

Detailed explanation-1: -You can spend the virtual card for Internet purchases or phone/mail orders where Debit Mastercard is accepted. Or if you prefer, add your virtual card to your Mobile Wallet and shop where Debit Mastercard is accepted.

Detailed explanation-2: -Virtual Visa and MasterCards are generally valid for use online or over the phone worldwide wherever Visa or MasterCard Debit is accepted, but are only intended for use online or over the phone (like for a catalog order or to make a one time payment on a bill via phone).

Detailed explanation-3: -Users can only use the virtual card online, meaning that all the credit card details such as the card number, expiry date, CVV, etc. are visible online. In simple words, a virtual credit card is basically a temporary credit card number which can be used while shopping online.

Detailed explanation-4: -A prepaid card can be used to pay for things. These cards are usually bought with money readily stored in them. Prepaid cards can be purchased from many stores and e-commerce sites. A prepaid card is more convenient than a debit card or a credit card, as you don’t need a bank account to use it.