Buy Virtual Credit Cards

Because the beginning of time mankind has invented and evolved new methods to accomplish business and trade. Credit cards are not a new concept. Dating back from the middle of the 1940’s the first credit cards were presented by American Airlines and the Air Transport Association to promote air travel. Later banks and financial service providers provided the service to their customers. The current age of computing power, and web diversity has further revolutionized the way we carry out our day to day financial transactions. Whether it is online shopping, funds transfer, booking a holiday abroad or buying other services online, credit cards make it all possible from the comfort of your home. But are internet transactions protected enough? Yes, with the introduction of Virtual Credit Cards they are now!

Internet Marketplace & The Pirates

The internet age has brought immense comfort and ease in order to customers in making the right product choices. Search the web for what you need, and in what price range, all the options available to you will be there. Choose what suits you best and pay via your credit card in a few keystrokes. As it is with all good things that have a downside, the web marketplace also experienced a glitch. Pirates of the web surfaced as a threat to the otherwise safe regarded as online transactions. The introduction of Virtual Credit Cards has helped overcome this problem.

Safety Made Possible

Modern encryption techniques plus online security protocols/parameters such as SSL, SMPX etc are now in place to ensure the utmost security of your financial transactions. As an added measure of security the concept of virtual credit cards, the VCCs has long been introduced. VCCs are cards specifically for use over the internet and are considered a secure mode of online dealings. Using the SET (Secure Electronic Transactions) Protocol security and confidentiality of transactions is made possible. The vendor to customer and the customer to bank information security protocol can be followed allowing access only to details relevant to each of the two parties. These are simply cards linked to the users bank credit card or a physical bank account actively playing an alias to the original. Most VCC service providers have a payment authorization mechanism. It can either be an IVR (Interactive Voice Response) ask your personal cellular phone asking you to confirm whether you are the one carrying out the transaction or even in certain cases it can be either a good SMS/e-mail message delivered to your authenticated number or email. Some banking institutions today provide temporary/ time bound VCC accounts. The best thing with VCCs is that you can yourself set the utmost credit limit, expiry date and the specific online locations where to shop through. Meaning, no chances of fraud or the card being misused.

Virtual Bank cards: A Great Service

One such virtual charge card service is Paypal. Offering providers purely relying on digital systems to carry out transactions Paypal is one of the earliest to begin among all virtual credit card payment providers of its kind. It has close to 81 million operational accounts spread over 190 markets around the globe. A modern bill-me-later service allows customers to become billed for their e-invoices later via a bank account or a credit card. They offer joined services with all major online stores. Regardless of whether you buy accessories from amazon. com, pay for advertising over the internet or a domain name from a registry such as godaddy. com, Paypal is always there. Another from the better VCC providers is Entropay. Having loaded funds into your Entropay VCC from a regular bank account they set you free to shop on the internet once you have verified your address along with other account details. A nominal deal fee is charged when the cards is used. A good alternative to Paypal, Netletter VCC offers a prepaid master cards and signing up is free of charge. Utilization costs per transaction. For people in america Netspend offers quality VCC solutions in partnership with both visa and master cards. American express a big name in the US banking industry offers VCC services alongside master and visa cards for secure, hassle free on the web spending. And there are several other comparable services in the marketplace.

Go Get It!

The Virtual Credit Card is a must have. Along with technology rapidly advancing and people getting used-to readily adapting newer, easier ways in life, VCC is a true blessing for both the customer and retailer. Occasions are long gone when people fearing of identity theft stayed away from producing purchases or carrying out monetary transactions over the web. In this wonderful period of Virtual Credit Cards, if you don’t have 1, you are missing a lot.

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