![]() How to Get a Virtual Credit Cardīrex gives you instant access to your virtual corporate credit card upon approval. As the virtual and physical credit card numbers would not match, this could cause issues for the merchant when verifying that the transaction came from the same credit account. There could also be complications when using virtual credit cards for transactions that require verification at a later stage, such as car rentals or hotel bookings. If you used virtual credit card details for the purchase, and these have since expired, then you may not be able to receive a monetary reimbursement and will have to accept store credit instead. Many merchants require the same card number to process refunds. The process of returning items could also be more difficult. Examples include electronic, mobile, telephone, and mail order transactions. These are transactions where the merchant does not see the physical credit card used for the purchase. ![]() Virtual credit cards are also designed specifically for online and card-not-present transactions. It is still important that users remain vigilant with their credit accounts, checking their statements regularly for any unauthorized transactions. Virtual credit cards aren’t entirely fraud-proof. Things to Consider When Getting a Virtual Credit Card Upon cancellation, the account holder can maintain access to their credit account through their physical card. With a virtual card, the cancellation process is much more straightforward. When a physical credit card becomes lost, stolen, or compromised, the account holder has to cancel it, wait for a new one to be issued, and then enter a dispute process. You can usually lock or delete them with a click if they become compromised. If the account holder needs to cancel their card for any reason, a virtual credit card can make the process much easier. Virtual credit cards offer an extra level of security against criminals attempting to steal information via insecure connections or data breaches. Some virtual credit card providers allow users to set a separate expiration date and credit limit from their physical credit card. The transaction then appears on the account statement just as if a physical credit card had made the transaction. What is a Virtual Credit Card?Ī virtual card is a unique card number that's generated in a digital format and is associated to your account.Ī user can enter this 16-digit credit card number upon online checkout instead of their physical credit card number. Virtual credit cards are similar to physical credit cards but offer further protection and peace of mind by preventing sensitive details from falling into the hands of criminals. Cost allocation is anything but time consuming, thanks to additional information and a clear link between payment and booking.A virtual credit card can improve the security of account holders when making online purchases. This makes AirPlus Virtual Cards particularly safe and flexible - especially for employees who do not have a corporate credit card or for service providers who travel at your expense.Īll expenses are billed centrally via the AirPlus Company Account and appear on the payment overview. The AirPlus Virtual Card is a digital version of a Mastercard® credit card that is issued to pay for one specific travel service.Įach card number can be limited to a specific purpose and a fixed sum, term and currency. With this virtual credit card you can quickly generate Mastercard® credit card numbers for a specific purpose and use them to pay for travel services anywhere in the world. Often a credit card is necessary for making reservations or making payments - especially in hotels.ĪirPlus Virtual Cards are the ideal solution in this case. In addition, employees find it annoying and inconvenient to advance costs with their personal credit card. Managing and controlling all expenses is a real challenge for many companies. Moreover, as many travel services as possible should be billed centrally: flights, hotels and rental cars for all employees and sometimes also for external service providers. Many companies want to control when and how a means of payment is used for travel services.
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