which virtual payment card?

[fr33lanc3r]

Originally Posted by Sahara

I agree. I'm one of the above. I know people even use VCC to change their country name and get verified. Weird paypal allows it. Paypal isn't secure anymore.

vcc is commonly use for verification purpose such as verifying the paypal account. but if you wish to use it as a real credit card, you have to load your vcc as many as the price of thing you wish to buy

i wonder what good will it bring for paypal to disallow the using of vcc. that's not their job to prevent the processing number. in fact let say they want to freeze account with vcc, how on earth can they make it happen. it's just difficult and will take more expenses to do job which out of their responsibilities

[buaya]

Originally Posted by rockstar12345

the people selling vcc for 7 dollars are earning from it
paypal requires only 2 dollars in the vcc to verify and the ppl selling it earn 5 extra dollars from each vcc they sell

The credit number are not for free, you know. Someone or some financial institution got to issue the cards numbers and they have to obtain that number from the credit card company

[AzeAzeAze]

Originally Posted by rockstar12345

the people selling vcc for 7 dollars are earning from it
paypal requires only 2 dollars in the vcc to verify and the ppl selling it earn 5 extra dollars from each vcc they sell

but it´s not a debit card ! even if you buy the vcc with 7$ it´s like you brought it with 5.05$ because when you verifie with a credit card they took 1.95$ as a fee, but after few days, it´s directly deposited in your paypal account ! so you got it back

[Ms_Margaret]

In a smart move to slap down online scammers and card thieves, Visa is now offering a ‘virtual Visa card' which exists only as a string of numbers on a pre-paid voucher. It's just like Visa card but without the card - or even a bank account, for that matter.

Customers will be able to buy the ‘VCard' in the same way as a pre-paid mobile phone account, by handing over cash at a retail outlet. VCards can also be bought using a debit or credit card, for those who want to keep their plastic in the real world and use only the virtual cards online.

[JoeDuggins]

These days a lot of things are available with the click of a mouse. Life is made very convenient. At the same time, the risks of identity fraud and financial loss are associated with such online transactions.

If you are concerned about using your credit card for making online purchases, there is a good alternative for you. You can use a virtual credit card and be rest assured about the security. Such credit cards exist only virtually. There is no plastic piece representing your ownership. Even though somebody captures your credit card number from an online transaction, it is of no benefit to the person capturing it. The number given by you is valid only for one time use. Also the number expires in a short period of one or two months (sometimes in a few days).

It provides protection to your identity also. So your personal or financial information is always safe. These are the main reasons why these cards are popular.

However, such credit cards have their own limitations. First of all, these cards are useful for online transactions only. So they cannot be used offline.

Such cards need to be purchased by putting in your money. So they are not credit cards in real terms. At the most they can be called prepaid cards.

As these cards are set to expire within a limited period, they cannot be used for transactions which take a longer time for processing. If you want to book a concert or book an air-ticket online, such cards may not be of use. If you're ordering items like books or CDs, the transactions will have to be open for a longer time. For all these transactions, only a regular credit card is accepted.

Generally virtual credit cards are issued with a fixed denomination value. So you can load the credit amount only one time. These cards are not re-loadable. As such, it is advisable to use this entire money in one transaction. If there is a leftover, that money is not usable afterwords.

These cards are used for making internet purchases only. When you are required to produce actual plastic credit card for a transaction, there is no use of these cards. You can't get online statement when you use such card.

With all these limitations, virtual credit cards are still a very good way of paying online. If you are purchasing regularly online, you can do so with more security and confidence with the help of these cards.

There are all sorts of financial decisions you take in your life. The most important amongst them is using credit cards. Do you really know the implications of using credit cards online?

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Money without intelligence is like a car without a road.

-Intelligent Investing-

[Ms_Margaret]

Virtual credit cards, also known as substitute credit card numbers or controlled payment numbers, have already been around almost seven years but have never caught on despite being a free and effective layer of protection.

You sign up for the program MBNA, Citibank, Discover and PayPal and download their software. Enter your credit card info, and generate a new number whenever you want to make an online purchase.

[stockwiz09]

virtual credit cards seem like a good idea but they are a bit of a hassle and why do I need it if credit card companies protect me should someone steal my card? just asking...

[seiksoon]

i think VCC is famous for its absent of identity

[ricky028]

However there is no doubt that virtual credit card is relatively safe, still you must take some safety measures with its use. It is advisable not to share your card numbers with anyone. Do not store the card details in the computer or in your e-mail, especially if you share your machine with anyone. When you enter the card details online, you must make sure that the page is a secure page.

[Xanthia Alysha]

Try paypal
They are connected to ebay and very safe