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

You May Also Like

KYC Registration Agency (KRA)Last Updated: December 29, 2025

Meaning & Definition A KYC Registration Agency collects, verifies, and stores KYC information of investors in a central…

Credit Information CompaniesNovember 6, 2025

Meaning These entities are vital for evaluating financial risk in lending.Definition Credit Information Companies (CICs) gather and maintain…