Disposable diapers, disposable cameras- and now disposable credit card numbers? Theyre actually referred to within the industry as virtual credit card numbers, and are currently being offered through most major credit card issuers.
Virtual credit card numbers are single-use numbers that expire within a month or two of issue, and are used for shopping online in place of the number thats actually on your credit card. Whats the point? The number is only good at the one web site where you make your purchase, and only for a limit period of time- so if hackers have obtained your credit card number during an online transaction, the next time they go to use it, it will not work.
When a customer receives their credit card statement after shopping with virtual credit card numbers, the purchases show up on the statement exactly like any other purchase. Some card issuers will provide the virtual number used to make the purchase along side the charge, for reference purposes.
Why Virtual Credit Card Numbers?
One of the main reasons why some people choose not to shop online is because of their fear of credit card theft and identity fraud. The potential for...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
