Virtual Card

byPaytm Editorial TeamLast Updated: August 19, 2025

Meaning

A Virtual Card is a digital version of a debit or credit card created for secure online payments.

How It Works

It comes with a unique number, CVV, and expiry date, different from your physical card, to protect against fraud.

Benefits

  • Extra security for online shopping
  • Can be created instantly
  • Easy to block if misused

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

UPI Fraud ReportingLast Updated: October 21, 2025

Meaning UPI Fraud Reporting allows users to report suspicious or unauthorized UPI transactions. How to Report You can…

UPI Transaction RejectionLast Updated: October 21, 2025

Definition UPI Transaction Rejection happens when a payment request is declined due to insufficient balance, wrong PIN, or…

UPI Collect LimitLast Updated: October 21, 2025

Meaning UPI Collect Limit refers to the maximum amount that can be requested through a UPI “collect” request…

Payment AggregatorLast Updated: August 12, 2025

Definition A Payment Aggregator is a service provider that enables merchants to accept various payment methods—like cards, UPI,…

UPI Transaction QueueLast Updated: October 21, 2025

Meaning UPI Transaction Queue is a temporary line-up of pending transactions waiting to be processed by banks. Purpose…