How I Use a Disposable Credit Card Number to Avoid Fraud While Shopping Online
1 min read
Summary
Virtual credit cards provide increased security for online transactions, citing reduced exposure to hackers and dishonest vendors, while also offering customisable spending limits and expiration dates.
They offer single-use and reusable cards which can be issued by banks or third parties and are only used digitally, providing a layer of abstraction between personal banking details and retailers.
Bonds explained that the important difference between the two is that virtual cards are tied to a personal bank account, enabling repeated usage, while disposable cards are not usually linked to personal accounts and are often used for single transactions before expiring.
He suggests researching virtual card providers and selecting one which offers multi-factor authentication, strong encryption and transparent privacy policies.
-edeyns are a crucial layer of protection when it comes to online transactions, and it’s important to stay on top of transactions and to deactivate or delete used numbers to reduce the risk of errors, and to ensure that spending is controlled and authorised.
