The Solution To Protecting Your Credit Card Number

credit cards

Too much fraud and cases of identity theft have been traced to the infiltration of credit card number processing, after payments for online purchases have been made. People are gradually becoming reluctant to using online credit card processing since the stakes are so high. Efforts have been initiated to find alternatives to the use of credit cards online and the results are encouraging. At the same time, the question remains as to whether it is possible to completely eliminate the use of credit cards for online shopping. Can it be made safe enough for people to use them without worry?

The answer to this question is yes. Yes, fraud can be prevented and the danger of copying or poaching your credit card number from the internet can be completely eliminated. Meet the virtual credit cards, which have been engineered specifically for online shopping and will provide inherent protection for those who want to shop online. Virtual credit cards, simply put, are temporary cards that expire within a very short time after their use. Therefore, if anyone did capture the number, they would not be able to use it, let alone launch an identity theft attempt, which is emerging as one of the most serious and fastest growing crimes in the USA.

However, with the advantages that these virtual credit cards bring, there are also a couple of disadvantages. Their use is limited in shopping, such as when you book a flight ticket, book a reservation or rent a car. When you book these types of services, you are required to show your credit card at the time of delivery, which on this occasion would not match with the virtual credit card number, leaving you in a lurch. Another minus point to using the virtual card is that you would be unable to pay for a regular subscription with it, as it would not be valid by the time your subscription needs to be paid next month. Therefore, while it is true that it protects you and ensures safe credit card processing, it cannot be used everywhere and for every time you need it.

The virtual credit cards ensure that you need not expose your credit card number online any longer. However, there are still some places where the use of a virtual card is not applicable. The fact that efforts are being made to replace the use of the credit card on the internet is encouraging. Once the disadvantages are managed, the virtual cards could become the safest way to shop online.