What are Virtual credit Cards? List of Banks that Provide VCC in India
If you shop a lot online then you may already be aware about various risks involved while using credit cards on Internet. To be on the safer side you should always use Virtual Credit Cards that guarantees that you cannot be billed more or again by the website. Virtual Credit cards commonly known as VCC are Temporary credit cards with no materialistic existence and can be used only once.They also expire after specific period if not used (usually after 24 hours). How Virtual Credit Cards Protect From Online Frauds? You create a virtual credit card on your bank website.During creation of VCC you specify the amount for the credit card and it can be used only once, so if a website stores your credit card information even then it can be used again. What Information You Get When you Create a VCC After creating a Virtual credit card you will get a credit card number, its expiration date and CVV code.Most times you will also get the expiration period for the credit card (like 24...