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Virtual Payments Cards

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Are virtual payments cards safer?

  1. It is always hard to promise that any personal information on our online fronts are safer. However, there are features of virtual payment cards that makes it more secure compared to a physical card. Some companies such as Instacard, issue their customers with a one time use card. Therefore, even if your Instacard  is compromised, the criminal might be out of time to fraud you since the card will already be deactivated. Additionally, with a virtual payment card you get a randomly generated number, with an expiration date and security code. To be more cautious you can set a spending limit with cards that are not single use, such that a value over the limit gets the card deactivated until you contacted.

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