The differences between physical cards and virtual cards include four aspects: variable account number, different times of use, different processing speeds, and no overdraft.

Difference 1: The account number is variable

The virtual credit card is bundled with the real user credit card, providing a variable 16-digit account number for online transactions without allowing the real user to credit card information leaked online.

Difference 2: Number of uses

Some virtual card accounts are for one-time use, while others can be recharged and used for one-time shopping or transactions on the Internet.

Because the real account number cannot be seen in the transaction, even if the retailer's database is hacked, the account number can be avoided.

Difference 3: Application is simple and fast

A virtual card is not as complicated as a physical card. You only need to fill in the information online, and the virtual card number will be given after the bank approves it.

Difference 4: No overdraft

The virtual credit card is a credit card that cannot be overdrafted. It is a pre-deposited VISA international credit card. The amount in the card can vary from US$1 to US$500 according to customer needs. Amount of USD credit.

Virtual Card (Virtual Account Number) refers to a function provided by banks or third-party platforms, which allows you to obtain many or even unlimited card numbers for online shopping without opening a new card.

The role of virtual cards

For example, if you need to make purchases on a website that looks a bit suspicious and don’t want to expose your real credit card number for fear of being stolen in the future, you can use it. The virtual card service generates a virtual card number. After use, deactivate the virtual card to avoid future theft.

Or for example, if you want to try a subscription product for free, but the website requires you to enter your credit card information before you can try it out, and you are afraid that you will forget to cancel in the future, you can give them a virtual card number and deactivate it to avoid forgetting this time in the future. Things are automatically deducted.

Or for example, if your card number has been blocked at a certain merchant, but you still want to use the credit card (maybe because you are completing the sign-up bonus or because this card has a high rebate rate at this merchant), you can Use your virtual card to continue shopping at this merchant.

What are the uses of electronic cards and physical cards?

1. Card issuance forms are different:

Electronic credit cards are actually virtual credit cards, which do not have physical cards. They consist of a set of virtual card numbers, CVV2 codes, validity periods and other information;

Physical cards are real cards. The cards mailed to us by banks are physical cards that can be touched by hand.

2. Different forms of credit card swiping:

Although electronic credit cards do not issue physical cards, you can still swipe the card for consumption, but you need to use mobile payment tools, such as mobile Alipay, mobile WeChat, Cloud Quick Pass, etc., enter credit card information on these platforms to bind the card, and you can pay with your mobile phone, or scan the QR code to pay. Of course, you can also spend online;

Physical card, swipe card form No limit, you can take your credit card and swipe it directly at the POS machine, or you can bind it to WeChat, Alipay and other online payments; of course, if you bind the card to a mobile payment tool, you can also pay with your phone or scan a code to pay.

What are the uses of electronic cards and physical cards?

1. Card issuance forms are different:

Electronic credit cards are actually virtual credit cards, which do not have physical cards. They consist of a set of virtual card numbers, CVV2 codes, validity periods and other information;

Physical cards are real cards. The cards mailed to us by banks are physical cards that can be touched by hand.

2. Different forms of credit card swiping:

Although electronic credit cards do not issue physical cards, you can still swipe the card for consumption, but you need to use mobile payment tools, such as mobile Alipay, mobile WeChat, Cloud QuickPass, etc., enter credit card information on these platforms to bind the card, and you can pay with your mobile phone, or scan the QR code to pay. Of course, you can also spend online;

Physical card, swipe card form No limit, you can take your credit card and swipe it directly at the POS machine, or you can bind it to WeChat, Alipay and other online payments; of course, if you bind the card to a mobile payment tool, you can also pay with your phone or scan a QR code to pay.