News and Articles and News tagged 'Virtual Credit Card'

Virtual Credit Cards in Australia

MasterPass Virtual Credit Cards Are Taking Off In Australia

Some of you are probably wondering to yourself what virtual credit cards are. Don’t worry I’ll not judge any of you but to define it; a virtual credit card is a randomly generated credit card number that you can use online. The random number is linked to your actual credit card account.

You use the virtual credit card details when you purchase online. Depending on the issuer, you can set a maximum charge and an expiration date of up to 12 months from date of creation. So once you have this set up, you will be able to pay for items online with the peace of mind that your real credit card details are safe (since the online merchant doesn’t know your actual credit card number).

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