What is a Virtual credit card
Virtual Credit Cards – A virtual credit card (VCC) is a cutting-edge, one-time-use credit card that does not have a physical presence. It has no physical form, and all relevant information, such as the card number, expiration date, and CVV, is available online. It’s a one-of-a-kind online payment solution that ensures complete online security while shopping. As a result, users who use the virtual credit card online do not have to worry about losing their card or keeping it safe in their wallet.
What are the features and benefits of a Virtual Credit Card
Easy to Carry
Because the virtual credit card has no physical form, its information can be saved on your phone and utilised for transactions. As a result, the inconveniences of carrying actual cards are completely gone.
Application process is simple, and delivery is quick
Application and delivery are hassle-free. Everything is speedy with the online application and delivery.
Accepted at Any Stores: Virtual Credit Cards are accepted at all stores that accept VISA and MasterCard credit/debit cards as payment.
Because you don’t have to swipe the virtual card to make a payment, it’s practically difficult for criminals to use it to commit fraud. The Reserve Bank of India is also the country’s governing body for virtual credit cards (RBI). To obtain a virtual credit card, you must provide KYC documentation, which must be approved by the issuer.
Online Shoppers’ Favorite
Virtual Credit Cards, like any regular credit card, provide discounts and other benefits.
The option of setting the limit
You can also establish a limit on your virtual credit card, and payments will be verified using one-time passwords (OTPs) given to your registered cell phone number.
Cancellation is simple.
If you need to cancel the card for any reason, you can do it quickly and easily using your smartphone.
Here is a List of Best Virtual Credit Cards in India
Virtual Card by Oxigen
Oxigen Virtual Prepaid Card, often known as Virtual Ecard, is one of the greatest virtual credit cards. You can use it to shop online on websites like Flipkart, Amazon, and others, just like any other physical card. This card is issued in India by RBL Bank.
These instructions will guide you through the process of making the card:
Step 1: To get started, download the Oxigen Wallet App and then register with RBL Bank by providing your contact information and email address. Click here to Download
Step 2: When you launch the app after that, you will see the ‘Virtual E Prepaid Visa Card’ option on the main page.
Step 3:You will now notice a checkbox next to ‘Terms & Conditions’ on this page. Check that box and then select ‘Create my automobile.’
Step 4:After that, fill in all of the essential RBL registration information and click the ‘OK’ button.
Step 5:To create the virtual credit card, input the amount and ATM pin, then click ‘Create Card.’
Step 6:Finally, you can use your virtual credit card. Now you can enjoy shopping with one of RBL Bank’s and Oxigen’s best virtual credit cards.
GO Mastercard by Freecharge
FreeCharge, a prominent online payment service in India, now provides a variety of services such as mobile recharge, landline bill payment, and other bill payments such as electricity and water. In India, FreeCharge just launched the “Go MasterCard” virtual debit card for online shopping. The FreeCharge Go MasterCard is a safe virtual card linked to your FreeCharge account that you may use to shop and pay for things online in India. It is preferable to shop with this virtual debit card rather than your real debit card.
How to Get a Freecharge Card Go for it, MasterCard?
Step 1: Go to the FreeCharge Official website click here and sign up for an account; if you already have one, simply log in.
Step 2: From your dashboard, navigate to the account section by clicking on your profile symbol.
Step 3: In the account area, look for a menu with a credit card icon and the text “Go.” Click that. You can use this option to create a new Virtual Card.
Step 4: They will ask you to generate a pin (MPIN) in the next part; enter the pin and confirm; note that this is your card’s PIN card, just like a regular card, so remember it.
Step 5: Congratulations, your new card has been produced. You can now see the card’s number, validity, and CVV code.
ICICI Bank Pockets
An eWallet enabled by VISA can be used to recharge smartphones, transfer money, buy anywhere, pay bills and much more by anybody with a bank account. The ICICI Pockets wallet also includes a physical shopping card that can be used in any store or on any website. Install the Pockets app and create your wallet right now; it’ll be with you everywhere you go, right in your pocket.
How can I apply for an ICICI Pockets Virtual Credit Card?
Step 1: On your smartphone, download the ICICI Pockets app. Click here
Step 2: Login if you are an existing customer or Signup with your facebook account.
Step 3: After successfully completing the registration procedure, the user will be asked to authorise permissions.
Step 4: The user will be able to see the main application page after providing the required permission and answering all of the questions.
Step 5: Finally, press the ‘Register Now’ button.
Step 6: The customer will now be asked for information regarding their debit card number, as well as their PIN.
Step 7: After you’ve entered all of your debit card information, you’ll need to create a password.
Step 8: Finally, create a four-digit numeric password.
Step 9: If the account is a joint one, the user must enter their online banking user ID.
Step 10: Now you may log in to ICICI Pockets and conduct a variety of online transactions in a matter of seconds.