ONE TIME VIRTUAL CREDIT CARD HOW TO
ONE TIME VIRTUAL CREDIT CARD FULL
ONE TIME VIRTUAL CREDIT CARD FREE

That’s it, you’re done!Ī virtual credit card works like a debit or credit card with reference to the online transactions only. Please enter the virtual credit card details on the merchant payment page and confirm the payment.Your “Card No.”, “CVV2 value” and the “Expiry Date” will be displayed on the screen.

Congratulations! Your card has been created.

ONE TIME VIRTUAL CREDIT CARD FREE

After that, select the account and enter the amount in numbers to generate your free virtual credit card.

Upon receiving the OTP, click on “Generate Card”.

Then log in to the Kotak Net Banking and select the tab.

Select the payment mode as “Debit Card” (VISA).

Go to the merchant website and select the product you wish to purchase.

Kotak Mahindra Bank offers you a virtual credit card free of cost, called You can generate and use it in simple steps. Just like any other debit or credit card, you have to simply enter your card details and CVV. Virtual credit cards can be used for online transactions only.

ONE TIME VIRTUAL CREDIT CARD FULL

Also, if you don’t use the full amount added to your virtual credit card, then that will be transferred back to your bank account as well.Īll these features make your online shopping spree a pleasant experience and also makes your virtual credit card free of any risk and danger. If for some reason the allotted validity of the virtual credit card ends before the utilization of your entire amount, then the remaining amount will be sent back to the account from where the card was created. Remaining amount gets transferred back to your bank account.This validity can be changed by the bank from time to time. Kotak Mahindra Bank offers you a virtual credit card with a validity of maximum 48 hours. So your money in the bank account is actually safe. Apart from this, virtual credit cards use small credit top ups. Virtual credit card is a limited time card, that is, it is valid to use only for an approved number of transactions and also, for a limited time period only. This makes your virtual credit card free of major fraud risks, thereby keeping the fraudsters at bay. Further, although the virtual card is connected with your debit account, your actual debit card number is not used for the online transaction. This makes cloning difficult and transactions secure. Virtual credit cards are not in any physical form like your regular debit or credit cards. Here are a few important features of the virtual credit card that help keep your money safe from online frauds. And that’s the greatest advantage you can have, a safe and secure, worry-free transaction. What are the features and benefits of using a virtual credit card?Ī virtual credit card adds an extra layer of security for making any type of online payment. Virtual credit card is a randomly generated 16-digit number, which is associated with your debit account and it is often allotted by the banks or the third party firms. What is a virtual credit card?Īs the name implies, unlike the physical debit or credit card, virtual credit card does not come in a physical form, i.e., you can only use it for online shopping and not for the over-the-counter purchases.

ONE TIME VIRTUAL CREDIT CARD HOW TO

Virtual credit cards can be your best bet in such times.īut what is this virtual credit card? How to use them? What are the benefits of virtual credit cards? Here’s all you need to know about virtual credit cards. And even if you are cautious on every step, these new-age tricksters are always a step ahead. Not all shopping portals are safe and there’s always a chance of your credit card information falling into the wrong hands.

Although online shopping has brought great convenience on one hand, on the other hand the risk of exposure to fraudsters is also looming large. Virtual credit cards come handy in tackling one of the biggest menaces of online transactions, frauds. So, one of the most unique things that the digital age conceived, is online shopping, and furthermore, the concept of a virtual credit card. Now, people can get access to all brands and products at the convenience of their homes, irrespective of their locations. Gone are the days when one had to travel to another corner of a city, or to a neighbouring town to buy their favourite things. When the world turned digital, it brought many benefits to the consumers.

One time virtual credit card