Privacy: Use Virtual Credit Cards To Protect Your Payments

Privacy is a service that allows you to make online payments using virtual cards instead of your physical payment card information. The service is only currently available in the U.S.

A virtual card is a unique 16-digit card number with a CVV code and expiration date that can be generated instantly and used to make purchases online or over the phone. You can think of it as a normal credit or debit card, but without the physical plastic card.

By using a virtual card to check out, you can keep your true financial information private from merchants, third parties, and fraudulent actors. These cards have additional security features that shield you from fraud and unwarranted transactions.

You can also set a spending limit so you can control how much and how frequently a card can be used. You can close a card so that it cannot be used for fraud. You can also pause a card between transactions to make sure fraudulent transactions can’t sneak through.

Privacy Cards are currently available to people who fulfill these requirements:

  • You are a US citizen or permanent resident
  • You are 18 and older
  • You have a US checking account

Like other card companies, Privacy makes revenue by collecting transaction fees (also called interchange) from merchants. It claims it will never sell user data.

Link: Privacy

2 thoughts on “Privacy: Use Virtual Credit Cards To Protect Your Payments”

Leave a Comment

Your email address will not be published. Required fields are marked *