BANKING AFFAIRS

Detailed explanation-1: -Virtual cards, on the other hand, cannot be physical.

Detailed explanation-2: -Gift cards can be a convenient and useful substitute for cash when you need to make purchases or want to give a gift to someone else. Physical gift cards can be used in stores or online, while digital gift cards are designed to be used online or over the phone.

Detailed explanation-3: -What if you don’t have access to the store, restaurant, or service? The good news is that it’s still possible to send a gift card. In this case, you’ll need what’s called an eGift card or virtual gift card. In this guide, we’ll share how to instantly send eGift cards via text, DM, or email.

Detailed explanation-4: -If you receive a virtual Mastercard or Visa prepaid card, you can usually use these to buy items in physical stores. You need to add the e-gift card code to an online wallet like Apple Pay or Google Pay.

Detailed explanation-5: -Physical gift cards are actual physical plastic cards that you can get from a physical store. It usually looks like a credit card or a debit card in rectangular form. In other words, it looks like your regular ATM card. It has imprinted card numbers or unique codes that make the card identifiers validate the cards.