With the development of mobile Internet, mobile payment methods are becoming more and more popular. At the same time, virtual credit cards are becoming known and used by more and more people.

Banks have also launched different types of virtual credit cards. Mainly represented by the following banks:

1. Shanghai Pudong Development Bank’s credit card E-Tong Card

The virtual credit card of Shanghai Pudong Development Bank is called E-GO card. Only those with a credit card from Shanghai Pudong Development Bank can open an E-GO card through online banking, WeChat and other channels. There are four card organizations: UnionPay, VISA, MasterCard, and American Express. Each card organization can open a separate card.

2. CITIC Bank Online Payment Card

CITIC Bank’s virtual card is called CITIC Online Payment Card. In addition to CITIC AE all-currency credit cards, other credit cards can apply for online payment cards from the mobile card space.

CITIC’s virtual credit card supports each cardholder to have three online payment cards at the same time, and can apply five times a year. The online payment card is equivalent to the supplementary card of the main card, and the points and consumption details are merged into the main card.

3. China Construction Bank Electronic Payment Card

CCB’s e-payment card is an independent credit card. It can be applied according to the main card application process and has its own independent bill. There is a separate record in the newspaper.

Except that there is no card, CCB’s electronic payment card has almost the same functions as the physical card. In addition to being used online, it can also be bound to Apple Pay, HCE and other China UnionPay Express devices for offline payment.

4. Agricultural Bank of China Credit Currency

Agricultural Bank of China Credit Currency is a virtual card recently launched by the Agricultural Bank of China. If you have an Agricultural Bank of China credit card, you can open it directly from Agricultural Bank of China and mobile banking.

After the credit is opened, you will be given a UnionPay standard card number, validity period and CVV code starting with 62, which can be used for quick payment, UnionPay online payment, etc. And you can also open China UnionPay Express.

5. CGB Geek Card

This card has the characteristics of online payment, lifetime annual fee exemption, and interest-free repayment period of up to 50 days. However, it does not have other value-added functions and discounts, and does not accumulate points, has no installment business, and cannot withdraw cash. You can apply through the credit card home page.

There are also virtual credit cards from Bank of Communications and Industrial Bank. They are actually card numbers that can be used for online payment before the card is picked up, but will become invalid after the physical card is picked up. Strictly speaking, they are not virtual credit cards.

From the details of the virtual card products issued by the above banks, we can draw the conclusion that virtual cards have the following advantages:

1. Virtual credit cards do not require physical cards , which can avoid the risk of being stolen.

2. It has the characteristics of quick card application and is quick and convenient to use in specific consumption scenarios. Most credit cards don't get results within seconds or the same day of application, but virtual credit cards do.

The fundamental difference between virtual cards and physical cards is that "card issuance over the air" can be achieved. In the scenario of preferential activities, card application can be quickly made through the mobile terminal, and the bank can quickly approve the card. The virtual card number is directly given to the user for immediate use. Related Q&A: How to apply for Agricultural Bank of China’s virtual credit card

Agricultural Bank of China’s in-bank pre-credit customers can apply for credit coins through the counter and mobile banking client. When applying through the mobile banking client (the "Credit Coin" function under the credit card section of the mobile banking terminal), the following conditions must be met at the same time: first, register at the counter to activate the mobile banking business; second, activate the messaging service business. Existing credit card customers can apply directly through the mobile banking client.