Virtual Payment Cards are an effective way to protect yourself from unwanted charges when making a purchase over the internet or by phone.
The main distinction between a debit card and a virtual card is that the virtual card is not tangible plastic. It is a dynamic card scheme number that is linked to your virtual payment card account.
How it works
Bancom’s system generates a one-time, dynamic card scheme number. You Top up your virtual card number using your main Account. Once the funds are loaded, the virtual card is ready to be used over the Internet or by telephone.
- Avoid unwanted charges.
- Minimize your risk of credit card fraud.
- Eliminate the possibility of recurring billing.
- One-time use, dynamic card numbers ensure maximum security.
- Monitor and track employee online expenditures.