Difference between revisions of "Virtual Card"
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Latest revision as of 00:30, 27 January 2024
A virtual card can be used almost the same way as a physical card, except it cannot be swiped at a brick-and-mortar store. Use a virtual card for things like subscriptions and recurring transactions or for temporary/one time use cards.
Benefits of virtual cards:
- Easy to cancel a card linked to only one vendor/service without affecting all other payments
- Cannot be lost or stolen
- One time use and temporary cards can be issued to reduce potential fraud
- Over the phone payments, protects your physical card number
Create a virtual card:
Follow the step by step guide below:
Log in to Divvy > Select Cards > Select Your Wallet or All Cards > Select Create New Card > Add a Card Name > Select a budget > Set a limit > Select a card holder > Select Save
See screen shots below.