Virtual credit cards have existed for many years, but many consumers and business owners haven’t used them. Now, as online fraud and security breaches are on the rise, virtual credit cards are an underused tool that can help shoppers protect themselves, some security experts say.
| less than a minute read
Virtual credit cards: what are they and should you use them?
"Issuers, merchants and financial institutions lost $32.3b to credit-card fraud in 2021...If a thief gains access to the company’s databases, the saved [card] data is vulnerable. Virtual cards help reduce the chance your actual card data will be stolen."
