It's likely you're referring to a virtual card offered by a bank, but the specific features and functionalities may vary depending on the bank.
Here's a general explanation of virtual cards:
* What is a Virtual Card?
* A virtual card is a digitally generated card number associated with your existing bank account. It acts as a temporary, disposable card number.
* You can create and manage virtual cards through your bank's mobile app or online banking portal.
* Benefits of Virtual Cards:
* Enhanced Security: Virtual cards reduce the risk of fraud since the card number is unique and temporary. It's not linked to your physical card, so even if compromised, only the specific virtual card is affected.
* Online Shopping: You can use virtual cards for online purchases without revealing your actual card details.
* Subscription Services: Virtual cards are convenient for recurring payments to online services, allowing you to set spending limits or deactivate them after a single transaction.
* Limited Spending: You can set spending limits on virtual cards to control your budget.
* Temporary Transactions: Create a virtual card for a specific purchase and discard it afterward.
To get a virtual card, check if your bank offers this feature and follow their instructions. Usually, you'll need to:
1. Log in to your online banking or mobile app.
2. Navigate to the card management section.
3. Create a new virtual card.
4. Set spending limits and a validity period (if applicable).
If you have further questions about a specific virtual card or feature, it's best to contact your bank directly.