What is a virtual credit card? How to apply for a virtual credit card?

What is a virtual credit card?

Virtual credit card, also known as VIRTUALCREDITCARD, is generally a service provided by some institutions with financial background, aiming to serve those who do not have their own credit card, but need a credit card. Virtual credit cards generally only include VISA (credit cards starting with 4) and MASTERCARD (credit cards starting with 5). In 2010, Bank of America, Citibank, etc. widely provided such security services.

There is also a "virtual credit card" model that appears on third-party payment platforms, called "credit payment", the most typical of which is Alipay. They grant credit to users based on user transaction data. The credit limit can be used for shopping payments on Taobao and other places, and the longest interest-free period is 38 days.

How to apply for a virtual credit card?

The specific steps are as follows:

1. Identity verification.

Cardholders can call the bank’s 24-hour customer service hotline and after successful identity verification, they can apply for a virtual card.

2. Set information.

Confirm the physical card information of the virtual card you want to apply for, and set the virtual card’s effective and expiry dates, single and cumulative transaction amounts.

3. Record.

The cardholder records the virtual card informed by the customer service staff. For the security of your account, the security verification code and card validity period will be sent to the cardholder's registered mobile phone number via text message.

4. Online payment.

After receiving the text message from the bank, the cardholder can make online payment.

However, it is a non-overdraft credit card, so there is no risk of malicious overdraft due to submitting the credit card information to others. When applying for a virtual credit card, you need to pay attention to two points:

1. The virtual credit card account status must be consistent with the physical card. If the main card account status is abnormal and transactions cannot be performed, the virtual card cannot be traded as well.

2. After setting the card information, be sure to check your registered mobile phone number with the customer service staff to avoid not receiving card information text messages from the bank.

What are the conditions for Taobao stores to open credit card payments?

Taobao stores do not need special conditions to open credit cards. They can be opened if they meet the basic categories.

Conditions for opening "Credit Card Payment Service":

1. Alipay account must be bound to a mobile phone

2. Categories meet the conditions: the following categories (including The store's main business categories and product categories) are temporarily not open to credit card payment functions

Mobile/Unicom/Telecom recharge centers, mobile phone numbers/packages/value-added services (except contract phones, wireless network cards), gas card direct Chong, Tencent QQ zone, online game point cards

3. Alipay risk control: In addition to the above conditions, in order to control risks, we will make certain judgments on the seller’s transaction authenticity and stability, etc. You can join if you judge there is no problem. If your store previously opened a credit card service but cannot activate it again after it expires, it is recommended that you standardize transactions, use your account rationally, and try to order again after a while.

Merchants that have experienced arbitrage behavior are generally not allowed to join. Those who meet other categories can search for credit card payment services in the Seller Center - Applications I Ordered - Service Subscriptions or directly enter the service market to search. Credit card payment service ordering.

What is Alipay Taobao virtual credit card? How to apply

There are more than 3,000 kinds of credit cards from various banks, and online virtual credit cards are emerging in endlessly, which is dazzling. Do you know that Alibaba also has Alipay virtual credit cards? What special functions does this card have? How should I apply? Are there any conditions? What is the difference between this virtual credit card and the bank’s actual credit card? Which one is more useful?

1. Introduction to Alipay Taobao Virtual Credit Card

Alipay Virtual Credit Card is a "credit payment" product of Alibaba. Using this service, Alipay will grant credit based on user transaction data information. The credit limit can be used to achieve prepayment on Taobao and other shopping websites. Alipay will grant credit to the user based on the user's transaction data. The credit limit can be used to pay for shopping on Taobao and other shopping websites. The user needs to repay before the repayment date, and the maximum amount can be obtained 38 days interest-free period.

Every Alipay user can apply for a CITIC credit card in the Alipay wallet. If the limit is approved, the minimum limit is 200 yuan. The highest limit is based on the credit value generated by the accumulation of some data on his daily consumption. of. In other words, Alipay virtual credit card is equivalent to an overdraft credit card available to major banks.

2. How to apply for Taobao virtual credit card

Taobao credit card will be released online through Alipay wallet. Users can follow the CITIC Bank official account in Alipay wallet and apply online and instantly through the official account. Review. After passing the approval, the user will obtain a "Taobao Alipay Card" online, which will be automatically opened and bound to Alipay for quick payment.

1. You can directly obtain the "Alipay Wallet" APK program from Baidu and then install it on your phone.

2. Run the Alipay APK program and use your mobile phone number to log in.

3. In the "Alipay Wallet" interface, click the "+More Public Services" item.

4. Then add the "CITIC Bank" official account, apply online and review in real time through the official account. After approval, you will have a virtual Alipay credit card.

How to activate Taobao credit card payment? Introduction to the activation conditions

Nowadays, many people like to pay with credit cards when purchasing on Taobao. However, only in stores that have opened credit card payment prerequisites, there is no need to pay handling fees when using this method. Therefore, many Taobao sellers Everyone wants to open a credit card payment method. So, how to activate Taobao credit card payment? What are the conditions?

How to activate Taobao credit card payment?

1. The seller must first log in to the Taobao Seller Personal Center and click the "Seller Map" button in the upper right corner to enter;

2. Find the "Transaction Logistics Management" column and expand it. After expanding, select "Credit Card Payment";

3. After selecting "Credit Card Payment", you will enter the credit card service page and click "Buy Now" to order;

4. Then you need to pay the amount. There is no service fee now. Click "Agree and Pay" to order successfully.

After the order is successful, the buyer can choose to use a credit card to pay when making purchases in the store. However, sellers should note that Taobao credit card payment processing fee is 1% of the payment amount. You should consider it based on the situation of the store. Whether it is enabled.

Taobao credit card payment activation conditions

The first condition for Taobao sellers to activate credit card payment is real-name authentication.

1. The store’s star rating reaches 3 stars;

2. The store has no false transactions and points will be deducted for illegal handling;

3. The store’s serious violations will deduct 4 points. .The store will deduct points for not passing on handling fees;

5. The store actively applies to withdraw for more than one month;

6. The Alipay account must be bound to a mobile phone.

Sellers who meet the above conditions can open a credit card payment method. However, the system will review the seller's transaction activity, transaction stability, etc., and the activation can only be successful if the review is passed. It should also be noted that virtual product stores do not support credit card payment.

This concludes the introduction on how to apply for a Taobao virtual credit card and that credit cards cannot be used for Taobao virtual goods. Have you found the information you need?