What new species is virtual credit card? What are the advantages compared with physical credit cards?
Virtual credit cards can be divided into three categories according to their relationship with physical credit cards and implementation methods: one is the main card type virtual card, which is used for an independent and complete main account and does not depend on physical credit cards, such as CCB Longka electronic payment card; One is the accessory card attached to the physical card, that is, the virtual card of the accessory card type, such as the virtual credit card of Bank of China and the payment card of CITIC Network. This kind of credit card can apply for multiple virtual card accounts through one main card, but it does not need to repay each account separately or pay the annual fee separately, and everything can be handed over to the main card; There is also a mapping of virtual cards, such as credit cards applied by third-party payment platforms such as WeChat, Alipay and China UnionPay Express. The bank's credit card holders only need to apply for a virtual credit card account, and the risk of credit card online shopping can be solved.
Because there is no physical card, the risk of card theft is effectively reduced, and the problem of copying card numbers and security codes is also solved. At the same time, most virtual credit cards can set the transaction limit and validity period. After the virtual card is opened, you can set the payment limit and payment validity period at will within your own credit limit, lock the transaction risk within a certain time and limit, and make dynamic adjustment and active management at any time. You can also choose to disable or enable the card according to your personal needs, which can effectively avoid the risk of revealing the account information of the physical card during online shopping.