Virtual Credit Card

Virtual Credit Card is a special payment card of some bank or system of electronic payments, which has no material form (usually plastic). Main purpose of this service is to conduct payments in the Internet. It has all the same detail, as any actual credit card.

This way virtual credit card is aplicable for:

• Paying for goods in internet-stores;

• Transferring funds to other, real or virtual credit cards;

• Paying for utilities;

• Paying credit obligations;

• To achieve some other goals;

Some banks make real plastic cards for their clients, who possess virtual credit cards. However, these cards don’t have some of attributes, that usual cards have, like hologram, holders signature and magnetic strip. So this card may not be used to pay in stores or to get cash from the cash machine.

Virtual card details

Virtual credit card of any bank has following details:

• Card number (unique sixteen- or thirteen-digit number (sometimes with Visa cards));

• Expiration date – year and month (sometimes date may be prolonged);

• Security code (CVV2/CVC2) – three-digit number (usual credit cards have this number on the backside);

Card description

As many other banking cards, virtual credit cards are being described by many different attributes.

Among them there are:

• Belonging to specific bank system (the most common – MasterCard or Visa);

• Have specific type of account – credit, debit or prepaid;

• Absence of physical carrier (sometimes there is, but it appears to be imperfect);

• Clearly specified expiration date(for cards with no physical carrier – from one to three month, for “plastic” virtual cards from half a year and up to two years);

• Can be made as an addition to actually existing card and, also, as fully independent card;

• Creation and service of the card is being charged;

• Card balance limitations. Quantity of the operations per some specific period is also limited;

• Possibility to replenish card balance after outlet (using terminal, bank transaction from other card holders, and so on).

Advantages of virtual card

Universality

Virtual credit card is a universal instrument, meant for paying for goods, products or services in internet-stores around the whole world in online mode. It is convenient and profitable in comparison with electronic wallets, because they require currency conversion, which entails financial losses and some other possible difficulties.

Convenience of reception

To receive virtual credit card, usually, client of the bank doesn’t have to go to one of its structural units. Creation and activation can be done on the website of the bank. Making a virtual credit card requires only a few minutes.

Security

Using virtual credit cards to pay for different or for some other purposes excludes risks of card details being captured by third parties. For example, client of the bank may order a card with balance he needs for the moment. After payment is completed, there will be no funds left on the credit card, so it won’t be interesting to malefactors.

Besides that, it’s impossible to lose a card like this. Even if card will be equipped with “plastic” carrier, person who found it will not be able using, because there is no information and no means for reading the information.

Anonymity

Real and virtual prepaid credit cards differ from all other cards, because there is no need to sign contract with bank, for using bank account. Because of that, name of the owner of the card is not an obligatory detail. However, it’s worth remembering that according to laws of Russian Federation, anonymous payments are only allowed within 15 000 rubles.

Disadvantages

If to talk about disadvantages of virtual credit cards, only two significant aspects appear. First – it’s impossible to use it in cash machines to withdraw cash and pay in regular stores. Second aspect is significant limitation for period and amount of payments made.

How to operate with card

There are several ways to order virtual credit card.

First, it can be made as an addition to already existing real bank account. In this case, card may be ordered via internet bank. In most cases card like this is made in a few minutes. To do it, holder of the account should just follow instruction, given to him by bank.

Second way to receive card is to use payment terminals. In this case, card is being made, using menu of the terminal.

It’s necessary to specify mobile phone number and deposit required amount of money. Right after that details of the card will be sent to user’s mobile phone. This is it – card has been created. Now it may be used for online payments.

Third way to create the virtual credit card is provided by many large systems of electronic payments, like Yandex-Money, WebMoney, PayPal and others. To use this way for creation, it’s required to be a client of these services.

And finally, virtual credit card may be bought from certified dealers, including our website. Among the most significant advantages of this possibility is high speed of receiving the card.

If not to consider, that some specific amount of money should be paid to the agent (depending of value of the card – from a few cents to 1-2 dollars), card will be ready in several minutes.

Besides that, it’s not necessary to contact one or another bank, look for the appropriate terminal and so on. Everything is very convenient and fast.

Buy and sell Virtual Credit Card with cryptocurrency and e-currency

It is possible to buy and sell Virtual Credit cards for cryptocurrency and e-currency (Perfect Money, Webmoney, Advcash / Advanced Cash, Bitcoin, Litecoin, Ethereum, Tether ERC20, BS Token and many others coming soon...) on our website. Just contact dealer of Virtual Credit Card, choose the card and just follow instructions, given by the system.

There is one significant advantage of buying Virtual Credit Cards online – in most cases it’s being sold for price which is lower, than its value.

In this tutorial, you will learn how to sell Virtual credit cards on the Buysellvouchers gift cards marketplace. The procedure for selling a gift card is the same for all types of gift cards.

If you want to sell Virtual Credit cards, you must Sign Up. Under “Account Preferences” you will be able to find the section “My products”, where it will be possible for you to add your Virtual Credit cards vouchers for sale. You can find more information about the buying and selling process of gift cards and vouchers in our FAQ section. If you have any doubts or questions, you can contact our Support.

VIRTUAL VISA CARD (online banking)